Government releases £5k funding pot for accounting software

The government has opened up a scheme for small businesses and entrepreneurs to access funding worth up to £5,000 per business to pay for digital accounting and customer relations management (CRM) software

Under the Help to Grow: Digital scheme, eligible businesses can now receive discounts of up to £5,000 off the retail price of approved digital accounting and CRM software from leading technology suppliers. The funding is capped at 50% of the total cost of the investment and is open to businesses with 249 employees or less.

Currently three accounting software providers are signed up to the scheme – Sage, Intuit and E-crunch.

This software will help them to manage their finances and build customer relationships, and is part of the government’s levelling up agenda.

The next phase of the programme will see the scheme extended to e-commerce software.