Downing Street wants to spend £1 in every £3 on small businesses by 2020

 
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SMEs accounted for 27 per cent of public spending last year (Source: Getty)

Downing Street has recruited 24 bosses from across the UK to help boost public spending with the UK's small businesses.

A new small firm panel will help drive the government's new target of 33 per cent of public spending going on businesses with fewer than 250 staff.

Last year, small businesses took 27 per cent, or £12.1bn, of government expenditure, and now ministers hope to reach £1 in every £3 by 2020.

The plan would mean almost £3bn of new business would be up for grabs by small firms every year.

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Firms invited to participate in the new government panel include Lincolnshire defence specialist Inzpire.

Paymaster general and cabinet office minister Ben Gummer said:

The business experts will play a vital role to help us increase spending with SMEs, which are the lifeblood of the UK economy.

Government is firmly on the side of entrepreneurs and we will do everything we can to make their lives easier.

That’s why we have asked business experts to work with us to deliver our aim that £1 in every £3 of government procurement spending should go to SMEs by 2020.

Read More: Why we’re backing Britain’s resilient and optimistic small businesses

The panel will be supported by Enterprise Nation founder Emma Jones, who also serves as the Crown Representative for small businesses.

“Becoming a government supplier is a great way to make a difference to your business. Companies report an increase in their turnover, higher profits and an expansion of their workforce,” Jones said.

“In return, small and medium-sized enterprises offer innovation and value for money to government customers.”

The full list of panel members

Representative

Organisation

Location

Campbell McDonald

Baxendale

London

Graham Lancaster

TORI Global Ltd

Woking

Jon Kent

Zeco Energy

Newcastle-upon-Tyne

Rob Driscoll

Building Engineering Services Association

Kent

Francis Toye

Unilink Group

London

Elizabeth Vega

Informed Solutions

Cheshire

Ian Fishwick

AdEPT Telecom plc

London

Jonathan Lewis

The Live Group

London

Mark Jankovich

Delphis Eco

Battersea

Stephen Massey

SJM Specialist Security

London

Peter Woolaghan

REACT Engineering Ltd

Cumbria

Farooq Mohammed

Es-p

London and Manchester

Tim Coleman

Abacus HR

Hampshire

Felix Lewis

CF Architects

Maidstone

Sue Waller

Knowledge Powered Solutions Ltd

Cheshire

Arnab Dutt

Dexo Technologies

Leicester

Stephanie Staubach

TopMarks Claims Management

Glasgow

Judith Hall

SmartSourcing

Staffordshire

Caroline Brown

Caja

Cheshire

Paul Edwards

P & S Automation

Essex

Mark Taylor

Luca Fettes & Partner

Berkshire

Stephen Kingan

Nexor Ltd

Nottingham

Pamela Cook

Infoshare Ltd

Surrey

Hugh Griffiths

InZpire Ltd

Lincolnshire

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