"Help to Grow: Digital”: Scheme Closure Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Grant Shapps
Main Page: Grant Shapps (Conservative - Welwyn Hatfield)Department Debates - View all Grant Shapps's debates with the Department for Business, Energy and Industrial Strategy
"Help to Grow: Digital”: Scheme Closure
Grant Shapps Excerpts(1 year, 11 months ago)
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The Secretary of State for Business, Energy and Industrial Strategy (Grant Shapps)
This statement concerns the Government’s decision to close the Help to Grow: Digital programme. Help to Grow: Digital will close to new business applications for discounts on 2 February 2023. Discounts issued for eligible software must be redeemed within 30 days from issue date.
The scheme has supported businesses to grow, but with take-up lower than expected, the Government cannot justify the continued cost of the schemes to the taxpayer. The decision has been taken to refocus efforts towards other support mechanisms for small businesses, ensuring businesses get the backing they need in the most efficient and productive way possible. The Help to Grow: Management scheme remains in place.
The Government continue to support small businesses, such as through the Government-backed British Business Bank’s start-up loans, which are available to help aspiring entrepreneurs start and grow their businesses. The Government have taken action to protect all eligible UK businesses, including small businesses, from rising energy costs through the energy bill relief scheme.
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