Hey there👋

The New Business Success Formula is here! According to ONS 2024, combining market power and productivity is key to achieving sustainable growth.

But how? It all comes down to three core actions: building unique value, optimizing operations, and scaling strategically. Instead of competing on price, focus on what truly sets you apart.

💡 Good to Know

SMEs on the Road to Net Zero invites small businesses to a 4-hour workshop at LSBU Croydon where they'll gain practical strategies to reduce carbon footprints and become competitive sustainable suppliers.

Here’s an overview of recent developments:

• SMEs on the Road to Net Zero: Workshop on reducing carbon footprints.

• Public Sector Spend Watch: Insights into rising healthcare & IT investments.

• AI in Public Procurement: Seize a £200M opportunity in AI services.

• Tech Trends: New tools like ChatGPT scheduling & Kalendar.AI outreach.

• Tip of the Day: Use AI for smarter supplier assessments.

Let’s dive into the details👇

DAILY SPEND WATCH

📊 Public Sector Spending Analysis: Contracts Finder Report January 15, 2025

Public sector investment is strong, with a 15% rise in healthcare contracts and continued growth in IT services. Regional disparities persist, as London and the South East lead in high-value contracts. The construction sector remains resilient with several major infrastructure projects.

Opportunities to Seize:

• Healthcare Technology: Increasing demand for integration.

• Sustainable Construction: Focus on eco-friendly practices.

• Regional Expansion: Target underserved areas outside London and SE.

OPPORTUNITY PICKS

AI in Public Procurement: Unlock a £200M Market

Opportunity Overview

• Buyer: Crown Commercial Service (CCS)

• Opportunity: Dynamic Purchasing System (DPS) for AI services across central government, public sector, and charities

• Contract Value: £200,000,000

• Suitability: Open to SMEs and VCSEs

💡 Winning Strategies

1. Align with Service Categories
   Choose the relevant categories and subcategories in the DPS Matrix that match your service offerings.

2. Showcase Core Competencies
   Highlight expertise in AI discovery, consultancy, and end-to-end project management.

3. Engage Proactively
   Connect with CCS and leverage DPS opportunities to establish your thought leadership.

4. Offer Bespoke Solutions
   Create targeted case studies or testimonials for specific sectors like health or education.

NEWS 

🚀 £200M a Day in AI Investment

The UK’s AI sector is booming—£200M in private investment daily since last summer. That’s £14B in 48 hours post-AI Opportunities Action Plan.

Global Giants Bet on Britain

CoreWeave, Synthesia, and others are investing billions. From AI hubs to cutting-edge data centers, it’s a goldmine for partnerships.

💼 Boosting Business Potential

Tap into funding, join AI hubs, and leverage the UK’s tech infrastructure to scale faster.

🚀 National Wealth Fund Spurs Growth

The National Wealth Fund (NWF) has created 8,600 jobs in six months, leveraging £1.6B in private investment to drive growth in clean energy and digital sectors.

Clean Energy Focus

Projects include £1B for retrofitting social housing, solar schemes, and EV fleets, supporting local businesses and reducing emissions.

📊Driving Business Growth

£27.8B NWF capital targets innovation in green hydrogen, ports, and gigafactories.

💷 £4B Investment Creates 30,000 Jobs

Malaysian-owned YTL will invest £4B in the UK over five years, transforming Bristol with 6,500 homes, three schools, and a 19,500-capacity arena.

Boost for UK-Malaysia Trade

With £6B trade in 2024 and the CPTPP in place, opportunities are growing in sectors like aerospace and education.

📈 Opportunities for Businesses

Tap into contracts, partnerships, and trade prospects as the UK strengthens its investment landscape.

TECHNOLOGY

📅 ChatGPT Tasks: Automated AI scheduling for Plus/Pro users

📬 Kalendar.AI: Automated business outreach with AI social agents

🔍 Overseer AI: Single API for validating AI outputs safely

TIP OF THE DAY

🤖 The Role of AI in Supplier Assessment

Automated Evaluation: Implement AI to streamline the evaluation of suppliers based on their sustainability practices, ensuring compliance with environmental standards.

Continuous Monitoring: Use AI to track supplier performance in real-time, allowing for proactive measures to address non-compliance.

Risk Mitigation: By assessing environmental impact and ethical practices, organizations can maintain a responsible supply chain.

Quick Question!

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