Promoting local SME participation in public procurement

Promoting local small- and medium-enterprise (SME) participation in public procurement markets should be crucial in any government’s support for local economic development. I will never forget the experience of working in Glasgow many years ago in housing estates that contained extremely high levels of multigenerational unemployment. I remember meeting men and women who sat idling…

Overcoming the barriers to SME participation in public procurement

Government agencies can take steps to overcome the barriers to small- and medium-enterprise (SME) participation in public procurement to enhance local employment and economic outcomes. Public procurement is an important source of market opportunity for businesses. It has been used to drive industrial development through government demand for industrial innovation and technological change since the 1970s,…