Under the scheme, eligible businesses can now receive discounts of up to £5,000 off the retail price of approved digital accounting and CRM software from leading technology suppliers.
Businesses can also access practical, specialised support and advice on how to choose the right digital technologies to boost their growth and productivity.
Currently three accounting software providers are signed up to the scheme – Sage, QuickBooks (Intuit) and E-crunch. The next phase of the programme will see the scheme extended to e-commerce software.
What is Help To Grow: Digital?
It’s a government initiative aimed at boosting productivity and innovation among small and medium-sized enterprises (SMEs) across the UK, through providing discounted digital technology, including approved accounting software.
Eligible small businesses can save up to 50% on any software approved by the Help To Grow scheme. Discount vouchers worth up to £5,000 can be used on software that helps businesses build customer relationships and increase sales, make the most of selling online or manage accounts and finances digitally.
While SMEs who register for cloud-based accounting packages such as QuickBooks and Sage through the Help to Grow: Digital scheme can receive discounts against their monthly subscription fee.
The three-year scheme will open up in phases, each offering a new opportunity to discover and deploy new technologies.
Who is eligible for Help to Grow: Digital?
Businesses can apply for the Help To Grow: Digital initiative if they:
- are registered at Companies House or are a registered society listed on the Financial Conduct Authority’s Mutuals Register
- employ between 5 and 249 employees
- have been trading for more than 12 months
- are purchasing the approved software for the first time.
The Help To Grow: Digital scheme is also open to software suppliers that may be interested in offering small business owners their services. To qualify, they must:
- have been trading for at least 12 months
- be GDPR compliant
- have an existing UK small business customer base
- be able to demonstrate effective cyber security practices
You can find out more and apply via the Help to Grow website here.
Award-winning chartered accountants offering tax, audit and advisory services.