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Weekly Trade Update: 26/10/23

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Innovation hubs given £75 million to support SMEs
10 Most important sales channels for selling online
Small business news

Innovation hubs given £75 million to support SMEs

Innovation hubs given £75 million to support SMEs

10 regional innovation hubs, known as Launchpads, are to be given £7.5million each in government funding, to drive innovation in SMEs that show potential for growth. George Freeman, the Minister of State at the Department for Science, Innovation and Technology states that “These Launchpads will play a pivotal role in growing our local economies, creating jobs and levelling up the UK.” For more information, read below.

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10 Most important sales channels for selling online

10 Most important sales channels for selling online

Having multiple sales channels can help you to expand your reach across different customer audiences and increases convenience for shoppers. Read this article for more information on some of the most important sales channels and their pros and cons.

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Small business news

Small business news

Did you know that 88% of Gen Z believe that AI will improve online shopping? The latest small business round up looks into this statistic, along with several other consumer trends you should keep in mind this peak season, including buying on mobile and sustainable shopping. Read all of this and more, in this week’s small business news below.

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