Funding boost for small cloud tech businesses

Oliver Dowden has announced that a new version of the G-Cloud procurement framework will open for bids in April, allowing new companies to join the framework.

Having delivered £1.4 billion of spend to small businesses since its inception, companies will be able to bid to join the G-Cloud 10 framework, which could eventually be worth £600 million.

G-Cloud gives central government, local councils, NHS trusts and other public sector bodies a way to purchase cloud-based services such as web hosting from a single, central website.

The current version of the framework has 2,856 suppliers, over 90 per cent of which are small and medium-sized enterprises. The framework is expected to go live in June.

Dowden, Minister for Implementation, said: “I’m pleased to confirm that we will re-let the G-Cloud framework, which provides opportunities to many small businesses in the digital sector. This will provide innovative online solutions to government, supporting the delivery of efficient, effective public services. Small businesses are the backbone of our economy, so it’s crucial that we listen to them when shaping policy.”