Enterprise Nation is delighted to announce a partnership with Mastercard and Strive to deliver an online ‘One Stop Shop’ for entrepreneurs over the next three years.
Strive is an initiative of the Mastercard Center for Inclusive Growth that will empower 650,000 British micro and small enterprises to thrive in the digital economy over the next three years and beyond.
The programme aims to empower micro and small businesses around the country to succeed in the digital economy through free guidance, helpful tools, and personalised, one-to-one mentoring.
A new report ‘Striving to Thrive: The state of play for UK micro and small businesses’ from the Centre for Business & Economic Research exposes a significant risk that the UK’s small and micro businesses will miss out on an estimated £827 billion growth opportunity over the next five years if they are not supported to digitise.
Technology has already played a critical role in supporting small businesses through the pandemic, with 41% of small business owners saying their company would not have survived without digital tools.
Kelly Devine, President, UK & Ireland, Mastercard, said:
“Small businesses are the beating heart of the British economy. The past 18 months have proved almost unendurably tough for many, and data shows that small businesses are in urgent need of support if they are to survive and grow post-pandemic.