Question to the Cabinet Office:
To ask the Minister for the Cabinet Office, whether the figure of 33 per cent of Government procurement spend going to SME's is a target or an aspiration.
This Government is committed to supporting small businesses and continue to target 33% of Government procurement spend going to SMEs by 2022.
In April I announced a number of measures to help achieve this, such as:
We have already streamlined our procurement processes to assist small businesses, and we continue to focus on breaking down the barriers that might deter SMEs from bidding for Government contracts.