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Department for Transport to invest record amounts in small businesses

Monday August 6th, 2018

The Department for Transport (DfT) has today (6 August 2018) set out plans to level the playing field for small businesses bidding for government contracts (August 6th).small_business_775593XSml

In its SME Action Plan, the DfT has committed to directing a third of its procurement spending towards small and medium-sized enterprises by 2022.

As part of this pledge, the department has also awarded £700,000 in Transport Technology Research Innovation Grants (T-TRIG) to support innovative transport projects, including a universal train access ramp that would help disabled people board trains more easily across the network.

Transport minister Jo Johnson said:

“Small and medium-sized businesses play a key role in this country’s economy and I am proud of our outstanding record in this area.

“With this new action plan, we are leading by example by making it easier for these businesses to bid for contracts, and we will continue to support them over the coming years.”

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