1.2 million businesses are now eligible for UK government software rebates
The UK government is opening its Help to Grow: Digital scheme to businesses with at least one employee.
Previously, SMEs needed at least five people on their payroll to be eligible for the initiative. Yet the change opened it up to an additional 760,000 businesses – 1.24 million in total – according to the government.
Help to Grow: Digital was launched alongside Help to Grow: Management in 2020 and was aimed at small businesses and startups that needed help with digital transformations or those looking to learn more about upgrading. the scale. The digital scheme offers rebates of up to £5,000 for government-approved software – primarily CRM and e-commerce products.
Approved software includes e-commerce companies Shopwired, Gob2b, Kentico, and EKM, while CRM products are available from Zymplify, Livepoint Software Solutions, and Gold-Vision CRM. These are all UK-based companies and there are also digital accounting products available from Sage, Intuit and Crunch.
The scheme is open to all sectors and industries, although each company will need to have been registered in the UK with Companies House or at least be a registered company on the Financial Conduct Authority’s mutual register. The minimum number of employees is reduced to one, but it must be someone who is not the owner and the maximum is 249 employees. Companies must also have been active for more than 12 months and have an incorporation date greater than 365 days prior to their application.
Each qualifying business will receive a rebate on the purchase of a single approved software product worth up to £5,000 excluding VAT. And it must also be the first time they buy the approved software.
The government also plans to increase the number of licensed software available in the coming months.
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