- Focus
- Posts
- Big Wins for SMEs: The UK’s Latest Spending Opportunities
Big Wins for SMEs: The UK’s Latest Spending Opportunities
From social services to clean energy, seize the contracts driving innovation and growth. Here's how SMEs can lead the charge.
In partnership with
Hey there👋
Small business, big dreams? The game just changed. The UK's digital markets regime is reshaping competition, backed by £149.5M in fresh public spending opportunities. Here's your roadmap to growth.
Here’s an overview of recent developments:
£105.1M in services contracts—where can you compete?
A transformative £479M prison tender that's perfect for innovators
How South West became the £43.4M spending powerhouse
£4B Teesside project creating thousands of supply chain opportunities
Let’s dive into the details👇
🎧 No time to read? I get it—life’s busy. That’s why I’ve added an audio version of the newsletter just for you. Click play, and let me keep you updated while you tackle your day!
DAILY SPEND WATCH
📊 Public Sector Spending Analysis: Contracts Finder Report December 10, 2024 | Total Value: £149.5M
💡 Market Dynamics Services dominate with 70% market share (£105.1M), showing strong demand for expertise over products. Healthcare, education, and transport reveal clear government priorities in social infrastructure.
📍 Regional Champions South West emerges as the spending titan with £43.4M. Strong northern presence follows, with Northwest (£17.2M) and Northeast (£13.3M) showing significant activity.
⚡ Key Takeaway: The Public sector heavily invests in services over products, with a focus on social services and healthcare modernization. A gap exists for SME participation in major contracts.
OPPORTUNITY PICKS
Key Opportunity Overview
Contract Value: £479M over 12–15 years.
Scope: Comprehensive custodial and facilities management services for HMP Dovegate, a male Category B prison.
Objective: Deliver high-quality, transformative services that enhance rehabilitation and reduce reoffending.
💡 One Strategy That Could Set You Apart
Focus on delivering a vision that aligns with the Ministry of Justice's goals for modernized, safe, and rehabilitative services. Emphasize unique differentiators, such as groundbreaking offender training programs or sustainable FM solutions, to demonstrate a clear value proposition. By balancing robust operational delivery with creative, forward-looking strategies, you're positioned to win this bid.
NEWS
The UK’s first carbon capture projects kick off in Teesside, with construction starting in 2025. This £4B investment creates 2,000 local jobs now and tens of thousands nationwide, powering clean energy and revitalizing industrial communities.
Why It Matters
Carbon capture slashes emissions, boosts innovation, and powers up to a million homes by 2028, driving the UK closer to net zero.
💡Take Action
Explore opportunities in this growing industry. Visit gov.uk to learn more.
Online marketplaces and vape producers will soon fund the recycling of electrical waste—from vapes to toasters—leveling the playing field for UK retailers. With 100K tonnes of electrical waste binned yearly, this move supports a shift to a circular economy.
Key Impacts
This change ensures fairer costs, saves valuable resources like copper, and reduces landfill waste, boosting sustainability.
🚀Next Steps
Prepare for compliance and explore business opportunities in the circular economy!
The UK and US have launched a £40.5M joint fusion project with Tokamak Energy, advancing research to unlock near-unlimited clean power. Starting in 2025, this collaboration will enhance plasma-facing components' efficiency and durability, driving progress in fusion energy.
Importance at a Glance
This milestone strengthens energy security, fosters innovation, and creates high-quality jobs, showcasing the UK’s leadership in clean energy tech.
🛠️ Moving Forward
Explore opportunities in this growing sector and be part of the transition to a sustainable, energy-secure future!
TECHNOLOGY
🎬 Zebracat: AI text/audio-to-video creator with avatars & voices
💡 Aftercare: AI survey assistant for richer insights
📝 Mentor: AI partner for breaking down & achieving goals
TIP OF THE DAY
💼 Looking to enhance social value in procurement?
Engage Local Communities: Involve local organizations in your procurement strategy to boost community impact!
Measure Outcomes: Develop metrics to assess the social value generated by contracts—track your progress!
Promote Inclusivity: Encourage bids from diverse suppliers; it enhances competition and enriches community benefits.
Quick Question!
We’d love to know how today’s Focus resonated with you! Your feedback helps us make each issue even better. 😊
Did this newsletter spark some ideas? Let your friends in on the latest public sector updates.
Until next time!
Are oil & gas royalties right for you?
Klondike Royalties invites you to own a stake in the North Block of Alaska's Kitchen Lights Unit, with an estimated 300 million barrels of recoverable reserves. Our royalty-based model offers potential for steady returns without the complexities of direct asset ownership.
Reply