11 November 2014

UK Government is making it easier for Welsh SMEs to win more public sector contracts

UK Government is making it easier for Welsh SMEs to win more public sector contracts 

- Welsh small business leaders to hear how the sector can unlock more of the £187 billion worth of central Government contracts annually.

- Just 13% of Welsh small businesses are planning to bid for a public sector contracts in the next 12 months

Small business leaders across Wales will next week hear how the UK Government has committed to helping the sector win more business through public sector contracts.

Three roundtable meetings will take place in Bridgend, Llanrwst and Newtown as new government research reveals that only 13% of Welsh small businesses are planning to bid for a public sector contract in the next 12 months.

The UK government spends £187 billion on goods and services centrally every year and it has been working to open up its contracts to smaller firms, who often provide more innovative services at better value to taxpayers.
The meetings come ahead of next week’s UK Investment Summit in Wales (21 November) which will showcase to global business leaders what makes Wales a great destination for investment.
Led by Wales Office Ministers Baroness Randerson and Alun Cairns, the roundtable meetings will highlight how Welsh firms can take advantage of government commitments to remove the barriers to help them bid for and win contracts, such as the removal of Pre-Qualifying Questionnaires for all low value contracts which are burdensome for firms with smaller resources.

The UK Government wants 25% of central government spend to be with small and medium sized businesses by 2015 – well over £10 billion of business for the sector every year – and with 218,000 small businesses in Wales, employing some 629,000 people, the opportunities to win public sector contracts will be outlined.

Opportunities for Welsh small businesses to work with the government are available via our Contracts Finder website. 

Useful links
  • The Welsh Government also runs its own National Procurement Service, and places all Welsh local procurement opportunities on its website, http://www.Sell2Wales.gov.uk

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4 October 2014

Winners Look For Opportunities Losers Look For Guarantees

In Just 10 Days, Venture Capital World Summit 2014

Wales and Cardiff is already buzzing with excitement and positive energy as it plays to host the Venture Capital World Summit 2014 on the 17th October which is just a few days away now.

Tickets are still available here.

At the event in attendance there will be proven business leaders alongside influential speaker guests from USA, Malaysia and Turkey, where they will help business start-ups alongside established businesses of all sizes with both leadership development, inspiration, investment and innovative funding opportunities. One of the aims of this event is to help businesses which have been in operation for over 2 years, where during their business life they need further support and growth opportunities when compared to when they first started their business activities.

Furthermore the event will help to grow existing businesses and at the same time, raise awareness of important issues that most businesses need to consider including inspiration including upcoming markets or niches. Furthermore business funding and new finance opportunities. This event is designed to offer and showcase speakers and delegates an experience and the benefits of success throughout their business and leadership development, subsequently open many business opportunities for all attendees with a market of opportunities ranging from as far away as the Sillicon Valley to Malaysia.

Visit VentureWorldSummit.com .

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