Government launches new funding pot for SME accountancy and HR tech
The Department for Business, Energy and Industrial Strategy has launched a second £2m fund to support SMEs to better use technology for accountancy and HR practices such as invoicing, payments and credit management. Cambridge Judge Business School, the Bournemouth, Christchurch and Poole Council and Tenshi Consulting Ltd are just some of the 12 winners of this second competitive round of funding from BEIS. They will share the £2m to explore online networking, gaming and coaching techniques. The funding is part of the of the £9m Business Basics programme, set up in 2018 to provide grants and run trials in a bid to identify most effective ways to encourage SMEs to adopt productivity-boosting technology and management practices.