How Public Procurement is Creating Growth Opportunities for Scottish SMEs

Monday, 15 April 2024, 12:26

The latest government figures for 2021/22 reveal that public procurement activities have generated a substantial £4.2 billion in revenue for Scottish small and medium-sized enterprises (SMEs). This revenue has not only boosted the financial health of these businesses but has also significantly contributed to the creation of approximately 130,000 jobs. This demonstrates the crucial role of public procurement in driving economic growth and supporting the SME sector.
https://store.livarava.com/debda3ab-fb24-11ee-a6be-63e1980711b2.jpg
How Public Procurement is Creating Growth Opportunities for Scottish SMEs

Public Procurement Boosts Scottish SMEs

The latest government figures for 2021/22 reveal that public procurement activities have generated a substantial £4.2 billion in revenue for Scottish small and medium-sized enterprises (SMEs). This revenue has not only boosted the financial health of these businesses but has also significantly contributed to the creation of approximately 130,000 jobs.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe