The U.K. Department for International Development is pursuing a number of actions to help small and medium-sized enterprises better compete for DfID contracts.
U.K. Parliamentary Undersecretary of State for International Development Stephen O’Brien made the statement in a written response to a question at the House of Commons on Oct. 25. The actions include introducing an SME business tag on the DfID portal, streamlining competitive processes to cut potential barriers to SMEs, and opening up channels of communication with these enterprises to improve understanding on how the agency can increase business opportunities for them.
According to O’Brien, initial estimates indicate SMEs received at least 25 percent of total DfID spending for supplier contracts between July and September 2011.
More information on DfID’s action plan for SMEs can be found here.
Read more development aid news online, and subscribe to The Development Newswire to receive top international development headlines from the world’s leading donors, news sources and opinion leaders — emailed to you FREE every business day.