Business Basics Fund

In the UK, many small and medium-sized enterprises (SMEs) that established a working relationship with large businesses have suffered the consequences of not getting paid in a timely manner. The scale and threat of late payments is identified as having a draining effect on growth and productivity.

Do you have ideas for how to drive innovation diffusion amongst SMEs? Are you willing to put these to the test? The UK Business Department (BEIS) has launched the second round of the Business Basics Fund.