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Help To Grow: Digital - how the scheme can help your business

Everything you need to know about the government’s Help To Grow: Digital scheme.

3 min read

It’s clear that digitisation is a game-changer for today’s small businesses, especially in light of the pandemic. Recognising the productivity benefits of making digital technology more accessible, the U.K. Government has launched the aptly named Help To Grow: Digital scheme. 

Beginning January 20, the initiative will offer small-to-medium enterprises (SMEs) with five to 249 employees vouchers to obtain discounted digital technology, including approved accounting software. Intuit QuickBooks is proud to work with the government as a Help to Grow: Digital vendor, helping power small business resilience and productivity across the U.K at a time when it’s needed the most. SMEs who register for Intuit QuickBooks through the Help to Grow: Digital platform will receive 60% off for 12 months.

The scheme presents an opportunity for more businesses to reap the rewards of technology investment. And for those wanting to learn more about what this scheme entails, we’ve broken it down to explain what it means and the incentives provided.

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 whole of the U.K. The program provides vouchers to SMEs with five to 249 employees in order to obtain 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

  • manage accounts and finances digitally 

SMEs who register for Intuit QuickBooks through the Help to Grow: Digital platform will receive 60% off the monthly subscription fee to QuickBooks for 12 months. The three-year scheme will open up in phases, each offering a new opportunity to discover and deploy new technologies. 

Who is Help To Grow: Digital for?

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

How will Help To Grow: Digital help small business owners?

There’s growing evidence that digital tools are essential to business survival and companies that use technology are at an advantage. Help to Grow: Digital launches at a critical time for SMEs in the U.K. as businesses continue to make the shift to meet the new digital landscape. The scheme has the potential to positively impact efficiency by freeing up time for small businesses so they can focus on their core operations. 

Applying for Help To Grow: Digital

Help to Grow: Digital marks an important first step to equipping all small businesses with the tools they need to thrive in a digital-first economy. To apply for the Help To Grow: Digital initiative, you’ll need to enter your Companies House registration number into the Help To Grow portal. Once you’ve done this you’ll start receiving the relevant information.

Feel you’re better informed about the Help To Grow scheme? The QuickBooks blog covers a wide range of business-related topics – it’s all part of our mission to help small businesses grow.

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