Business Basics 2- SME productivity (non – business led trials)
Fund Name: SME productivity (non - business led trials)
Project Length: Up to 12 months
Project Value: A share of up to £2m
The Business Basics Fund aims to test innovative ways of encouraging SMEs to adopt existing technologies and business practices that boost productivity.
Your proposal must relate to the actions SMEs can take to become more productive by:
- adopting tried-and-tested technologies, accountancy, CRM or HR software or payment systems
- adopting modern business practices
- improving their use of such tried and tested technologies and management practices already active within the business
- or a combination of the above
Your project must be a trial which will effectively demonstrate the causal link between the approaches you are testing and the desired outcomes.
You may want to consider approaches that:
- address information failures and improve awareness of relevant technologies and management practice
- build firms’ confidence of how technology and management can be applied in their business
- facilitate advice and adoption through trusted advisors, supply chains, informal peer-to-peer networks
- explore how the absence or presence of complementary practices and systems in a firm affect adoption
- compare whether lower cost and more scalable interventions can deliver similar benefits to more intensive support
- explore specific issues which face firms with specific characteristics, for example, family-run firms
You can apply for up to £400,000 in grant funding to run a trial.
Projects must start by 1 September 2019, end by 31 September 2020 and last up to 12 months. Evaluation of the longer-term impact may continue after the end of the project.
To lead a project, you must:
- be a UK based public sector organisation, university or research and technology organisation (RTO), charity or not for profit company
- have a legal entity
- claim funding
We welcome projects involving diverse organisations. To be a funded collaborator you must:
- be a UK based business, academic organisation, charity, not for profit company, public sector organisation or Research and Technology Organisation (RTO)
- have a legal entity
Get In Touch
If you think that you might be eligible for this fund, please Get In Touch by filling out the contact form below.Back to all funds