The Intuit Small Business Growth Council, a new initiative dedicated to empowering small businesses in the UK through AI and digital adoption, was launched today by Intuit Inc., a global financial technology platform. The Council consists of 18 digitally-connected businesses, aiming to amplify the voices of small businesses in shaping policies that drive innovation and economic growth.
The Need for Digital Adoption
Despite clear evidence that digitally connected businesses are 2.4 times more likely to report higher productivity and 2.3 times more likely to see increased revenue, more than 25% of UK small businesses still don’t use basic digital tools. The Intuit Small Business Growth Council will help ensure small businesses are at the heart of this transformation and given the consideration and support to access these tools.
Key Objectives of the Council
The Council will focus on three core areas:
- Driving Digital Adoption: Helping more small businesses embrace digital tools by tackling barriers like cost and complexity.
- Simplifying Business Administration: Advocating for smarter, digital-first solutions to save time and reduce complexity.
- Democratising Access to AI: Ensuring small businesses aren’t left behind in the AI revolution.
Success Stories
The Intuit Small Business Growth Council builds on the success of the Intuit Small Business Council in the United States, which has helped drive meaningful policy changes. The US Council’s advocacy led to the introduction of the Small Business Technological Innovation Act (S.305). The UK Council brings together entrepreneurs from diverse industries, ensuring a broad range of expertise and perspectives on the opportunities and challenges of digital adoption are brought to the table.
A Proven Model for Small Business Advocacy
The Intuit Small Business Growth Council will put their voices at the forefront of conversations with key policy makers across the UK. The Council will focus on three core areas, driving digital adoption, simplifying business administration, and democratising access to AI.
What the Council Members Say
Sasan Goodarzi, CEO of Intuit, says: “When businesses succeed, communities and economies prosper. Together with the UK government’s focus on digital adoption, we can fuel the success of small businesses with the use of data and AI to automate and complete tasks and workflows, from lead to cash, helping every business thrive.”
Jonathan Reynolds, Secretary of State for Business and Trade, added: “AI and digital tools can be game changers for small businesses’ productivity, but we know there are barriers which get in the way of wide-spread adoption, which is why Intuit’s Small Business Growth Council is so important.”
Rose Sellman-Leava, Small Business Growth Council member and Co-Founder of Inclusive Futures UK, said: “I’m incredibly honored to have been invited to become a member of the Intuit Small Business Growth Council. Technology plays a huge part in helping our business make the greatest impact, but too often, policies and support structures don’t reflect our realities.”
James Vincent, Small Business Growth Council member and Co-Founder of Hot Source Creative, says: “SMEs are eager to embrace digital tools and AI, but challenges like cost, complexity, and regulatory barriers often stand in the way. This Council is about ensuring small businesses aren’t left behind-we need real, practical support to unlock the full potential of digital transformation.”
About the Intuit Small Business Growth Council
The Intuit Small Business Growth Council has the chance to build on lessons learned over the last few decades in making sure small business owners’ voices are heard in Westminster. Its members span some of the most tech-forward enterprises and the most cherished traditional businesses. All are eager to play their part in shaping the UK’s digital agenda.
Get Involved
For more information about the Small Business Growth Council and its mission, visit the Intuit blog.
About Intuit
Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With approximately 100 million customers worldwide using products such as TurboTax, Credit Karma, QuickBooks, and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible.
Companies Member of the Council | Founder/Co-Founder |
---|---|
Afiya Titus, Co-founder, Coco Financial | Afiya Titus |
Emma Thomson, Founder, Gemz by Emz | Emma Thomson |
James Vincent, Co-founder, Hot Source Creative | James Vincent |
Contact Us
For more information about the Intuit Small Business Growth Council, contact us at [insert email address] or [insert phone number]. Follow us on social media at [insert social media links]. Visit the Intuit blog for more information about the Council and its mission.
Intuit Inc. is a global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp.