Small Businesses: Shropshire
The question
To ask the Minister for the Cabinet Office, what steps he is taking to improve opportunities in public procurement for SMEs in (a) the defence sector and (b) other sectors in Shropshire, Telford and Wrekin.
Answered by Georgia Gould
Small and Medium Enterprises (SMEs) make a vital contribution to economic growth and are a valuable source of technical innovation in defence. This is recognised in the Defence Industrial Strategy Statement of Intent, as well as the Ministry of Defence's (MOD) Social Value policies.
The MOD has also announced the launch of an SME Support Centre to provide SMEs with better access to the defence supply chain and has committed to set direct SME spending targets, ensuring that thousands of small businesses in the UK, including those in Shropshire, Telford and Wrekin, will benefit from the decision to increase defence spending to 2.5% of GDP.
The new National Procurement Policy Statement requires contracting authorities to maximise their spend with SMEs and VCSEs, ensuring thousands of businesses across the country have greater opportunities to win public contracts. This approach actively drives local economic growth, creates jobs and fosters innovation in places right across the country including in Shropshire, Telford and Wrekin.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →