Thursday, 6th January 2011
Prime Minister consults with Jadu over barriers to business growth in the UK
Leicester, UK - 5th January 2011. Jadu, the UK’s leading Transactional Web Content Management System vendor for Government, was today invited to a private round table discussion with the UK Prime Minister, David Cameron.
The meeting was arranged for the Prime Minister to be able to engage directly with businesses to discuss the Government's planned New Enterprise Allowance (NEA), which promises to generate up to 40,000 new businesses in the UK by 2013 and stimulate growth in existing businesses through better support and improved regulation.
The meeting was held at the Leicester Creative Business (LCB) Depot, a highly successful business incubation centre for creative and technology businesses in Leicester City.
Jadu, a rapid growth software technology company, which emerged from the LCB before relocating to its purpose built Global Headquarters, was invited to question the Prime Minister on the current challenges of business growth and to suggest ways that the Government could 'do more for less' by using innovative measures to help stimulate growth and employment.
Richard Friend, Global Business Manager for Jadu suggested to Mr Cameron that
The void created by the withdrawal of growth grants has not been filled for example by the governments small business loan guarantee scheme. Due to the niche eligibility requirements of such initiatives we believe these could create barriers for domestic growth. Although UKTI (UK Trade and Investment) have given us excellent support for our international expansion.
The Prime Minister also suggested that large Government contracts with giant technology service providers were not only "under review" but the entire framework for procurement from small businesses was to be revised and simplified through a central government small business supplier accreditation framework.
Mr Cameron reiterated that the Government "had no money" to significantly inject into grants and schemes and was looking for innovative ideas from businesses on how employment and growth can be stimulated.
Despite recession, Jadu has continued it's accelerated growth and is currently recruiting apprentices and junior managers to build the 'next generation' of web technologists to service Government and large organisations internationally.
Its great to see the Government taking an active role in encouraging small businesses and focusing on growth. Time will tell if the planned schemes will stimulate entrepreneurial employment in these difficult times
Says Suraj Kika, CEO of Jadu.
We certainly look forward to an easier framework for Government to access the value that our products and services can offer.
Jadu was among a small number of businesses based at the LCB Depot asked to consult with the Prime Minister including Holland Alexander, a successful events, marketing and PR firm and Large Scale Film, a film production company making award winning short films.
More information on the Governments NEA scheme is available on the Number10.gov.uk website: http://www.number10.gov.uk/