For many SMEs in the UK, it can be difficult to navigate the various streams of funding and finance available to them, especially with the addition of COVID-19 relief schemes introduced in 2020.
Last month saw Net Zero Week 2021, the national week which raises awareness of the UK’s commitment to achieving net zero and how businesses and the wider society can act to support this.
Throughout the COVID-19 pandemic, the Government’s objective has been to “protect lives and livelihoods across the United Kingdom”. This remains the Government’s priority as the UK eases restrictions. Step 4 of the Government’s roadmap is due to begin on Monday 19th July, also referred to as ‘Freedom Day’. This step will mark a new phase in the Government’s response to the pandemic, moving away from tight restrictions on the public’s day-to-day lives, and towards advising people on how to protect themselves and others, alongside targeted interventions to reduce risk.
Scaleup Week 2021 (18th – 20th May) was a series of virtual debates about the crucial issues and opportunities facing growing businesses as they navigate towards a sustainable, diverse, and prosperous future. These nationwide conversations included speakers from varied backgrounds including politics, business, and academia
In business terms, sustainability refers to conducting business without negatively impacting the environment, community, or society as a whole, and considers the impact that businesses have on both the environment and society.
Innovate UK EDGE provides bespoke support that grows and scales innovative businesses. Complementing Innovate UK’s project funding with intensive, specialist-led support, the most ambitious businesses benefit from the skills and experience of a dedicated Innovation and Growth specialist to identify the most effective ways to accelerate its growth.
The UK has 5.9 million small and medium sized businesses (SMEs), established and run by entrepreneurs of different ages, gender, cultural background and ethnicity.