Levelling up is an important process for businesses looking to tender to the public sector. This is because levelling up increases the number of contract opportunities.
In this article, we will explore the benefits of levelling up and how it can benefit your business. We will also take a look at how the levelling up agenda has become particularly pertinent in light of recent events.
What is the levelling up agenda?
The levelling up agenda is a government initiative that aims to improve economic opportunities in regions across the UK. The goal of levelling up is to create more jobs and increase investment in areas that previous governments have left behind.
The levelling up agenda was first mentioned in the 2019 Conservative Party manifesto. Prime Minister Boris Johnson has since then reiterated the project.
Why is levelling up important?
Levelling up is important because it creates jobs and investments in areas that need it the most. Levelling up also helps to reduce inequalities between regions of the UK.
In recent years, there has been a growing divide between London and the rest of the UK. Levelling up is seen as a way to address this issue and create more opportunities for people outside of London.
The levelling up agenda has become particularly pertinent in light of recent events. This is because the pandemic has had a disproportionate impact on regions of the UK that were already struggling.
By levelling up, the government hopes to create jobs and rebuild the economy in these areas.
How COVID affected the project
The pandemic has had a significant impact on the levelling up agenda. This is because many of the areas that were set to benefit from levelling up were among the hardest hit by the pandemic.
The levelling up agenda has become even more important in light of recent events. This is because the pandemic has highlighted the need for investment in regions outside of London.
The levelling up agenda is an important initiative for businesses looking to tender to the public sector.
How can levelling up benefit your business?
There are a number of ways that levelling up can benefit your business. First, levelling up will create new opportunities for businesses to win government contracts.
As levelling up increases investment in infrastructure, there will be a greater need for goods and services from private companies.
This means that businesses will have more opportunities to win government contracts.
Secondly, levelling up will help improve the economy in regions across the UK.
As levelling up creates jobs and investment, this will increase consumer spending. This will benefit businesses that rely on consumer spending.
Businesses that will benefit from this are:
- Retailers
- Hotels
- Restaurants
Finally, levelling up will help to improve the business environment in regions across the UK.
As levelling up creates jobs and investment, this will lead to increased demand for office space and other commercial property. This will benefit businesses that own or lease commercial property.
The levelling up agenda is an important government initiative that will create new opportunities for businesses across the UK. If you are a business owner, it is important to be aware of the levelling up agenda and how it can benefit your business.
Getting started with the levelling up project
If you are interested in levelling up your business, there are a few things you can do to get started.
Firstly, you should familiarise yourself with the levelling up agenda and what it entails. You can do this by reading the government’s levelling up white paper or by attending one of the government’s levelling up events.
Secondly, you should research the levelling up opportunities available in your area. You can do this by searching online or by contacting your local authority.
Thirdly, you should start tendering for levelling up contracts. You can find out more about how to do this by attending one of the government’s levelling up events or by reading the government’s guidance on tendering for levelling up contracts.
By levelling up your business, you can take advantage of the new opportunities created by the levelling up agenda.
How DCI can help
DCI is a leading provider of tendering services. We can help you to win levelling up contracts by providing expert guidance on the tendering process.
Our team of experienced consultants will work with you to identify levelling up opportunities and prepare a winning tender submission.
We specialise in helping UK businesses to win government contracts, so we are well placed to help you levelling up your business.
Levelling up: get started today
If you want to take advantage of the new opportunities that will be created by the levelling up agenda, get started today.
Register your business on the government’s Contract Finder website and start searching for levelling up contracts.
For expert help with tendering, contact DCI. Our team of experienced consultants will work with you to identify levelling up opportunities and prepare a winning tender submission.
Ready to dive in? Request a demo today!