Digital Britain: The small business opportunity

Enterprise Nation Digital Britain The Opportunity 43% £92b In 2014, 43.5% of micro-enterprises had a website, compared with If small businesses fully 1.2m small businesses have harnessed digital skills, it 80.8% of businesses with 10 a high degree of digital or more employees maturity meaning they invest in digital infrastructure and training would add £92 billion and 1.1 million new jobs to the UK economy 6.6% 50x Increased revenue Small businesses with high UK online businesses are growing 50 times faster than the economy digital maturity are a third Small businesses using digital more likely to see a rise in technology have increased revenues by 6.6% and reduced costs by 4.4% in the past 12 months turnover compared to those with low digital maturity £19.5b 68% In 2014 smallI businesses 19% of small businesses with 68% of small businesses made total e-commerce sales a website are exporting. believe their business of £19.5 billion compared to 6% of those couldn't survive more than without a website two days without an internet connection 2.287 million digitally skilled workers by 2020 Britain will need 2.287 million digitally skilled workers by 2020 to satisfy the UK's digital potential The Support 1 2 3 Digital Business Academy, part of Tech City UK, offers eleven free courses on how Enterprise Nation is in the Microsoft has a dedicated second year of delivering its scheme focusing on Go and Grow Online computer science education, YouthSpark. In the UK Microsoft has been working to offer 9,000 young people campaign with support from to launch a digital StartUp global brands BT, Dell, Microsoft and.COM. The and scale up your digital skills. campaign delivers events, access to technology and webinars and content on how other resources to develop to make the most of the their digital skills, digital opportunity. 4 5 Google is training 200,000 people in digital technologies with its Google Digital Garage Government is opening up a Digital Framework to make The Enterprise Nation marketplace is home to over funds available to deliver 13,000 advisers, rated and and free online courses. even more digital training to reviewed, on hand to give advice on making the most of digital technologies and embracing the web. small businesses. Let's realise the digital opportunity! Go and Grow Online is a campaign to encourage more businesses to get online and support existing internet traders to grow. The campaign is supported by BT, Dell, Microsoft and.COM. For tips, events and special offers, visit www.enterprisenation.com/goandgrow Sources: Oxford Economics and Virgin Media Business | Lloyds Bank Digital Business Index 2015 Department of Business, Innovation and Skills SmallI Business Survey 2012, re-analysed in 2014 BT Business/British Chambers of Commerce survey 2014 Research commissioned by 02 and conducted by Development Economics Barclays Online Business Outlook| Microsoft News Centre | ONS E-commerce and ICT Activity, 2014 Supported by •com BT Microsoft DELL Business powered by VERISIGN Y