Enterprise Research Centre (ERC) has released their annual review of trends affecting small and medium-sized enterprises (SMEs) in the UK. The report explores the impact of COVID-19 on SME’s and the ways they have responded, shifting to digital technologies and adapting business models.
The COVID-19 pandemic, combined with Brexit, are reported as obstacles to success by many small and medium-sized UK businesses, with 1/3 having been forced to cut jobs this year. Yet over 20% of SME leaders report a positive impact to business growth in 2020, stating greater digital adoption had improved sales and increased innovation activity.
The ERC report also looks forward to 2021 and beyond, laying out key priorities policymakers must consider for successful recovery.
Download the full report here: https://www.enterpriseresearch.ac.uk/publications/state-of-small-business-britain-2020/
Supporting the Third Sector through COVID-19
A series of documents and updates regarding the 2014 to 2020 European Structural and Investment Funds Programme and the response to COVID-19 can be accessed here.
As ever, our dedicated CSI Representatives are here to understand and unpack the issues that the third sector is facing within the current ESIF programme which are affecting their ability to use European funds effectively.
So that we can raise these issues at government level on your behalf and pro-actively work for solutions, we’re asking Third Sector organisations to tell us their experiences using these funds, in light of the outbreak of COVID-19. Please contact us via firstname.lastname@example.org