{"id":832767,"date":"2025-04-02T04:03:02","date_gmt":"2025-04-02T08:03:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/new-intuit-small-business-growth-council-launched-to-champion-ai-and-digital-transformation-for-small-businesses-in-the-uk\/"},"modified":"2025-04-02T04:03:02","modified_gmt":"2025-04-02T08:03:02","slug":"new-intuit-small-business-growth-council-launched-to-champion-ai-and-digital-transformation-for-small-businesses-in-the-uk","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/new-intuit-small-business-growth-council-launched-to-champion-ai-and-digital-transformation-for-small-businesses-in-the-uk\/","title":{"rendered":"New Intuit Small Business Growth Council Launched to Champion AI and Digital Transformation for Small Businesses in the UK"},"content":{"rendered":"

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New Intuit Small Business Growth Council Launched to Champion AI and Digital Transformation for Small Businesses in the UK<\/i><\/b><\/p>\n

Business leaders urge support for AI and digital tools in government’s growth strategy<\/i><\/p>\n

LONDON–(BUSINESS WIRE<\/a>)–Intuit Inc.<\/a> (Nasdaq: INTU), the global financial technology platform that makes TurboTax<\/a>, Credit Karma<\/a>, QuickBooks<\/a>, and Mailchimp<\/a>, today announced the launch of the Intuit Small Business Growth Council<\/b> (Council), a new initiative dedicated to empowering small businesses in the UK through AI and digital adoption.\n<\/p>\n

\nThe Council, which consists of 18 digitally-connected businesses, will amplify the voices of small businesses in shaping policies that drive innovation and economic growth. Despite clear evidence that digitally connected businesses are 2.4 times more likely to report higher productivity<\/b> and 2.3 times more likely to see increased revenue<\/b>, more than 25% of UK small businesses still don\u2019t use basic digital tools<\/b>.\n<\/p>\n

\nIntuit will host a roundtable with the Council at the Department of Business and Trade today. Intuit CEO Sasan Goodarzi and The Rt Hon Jonathan Reynolds MP, Secretary of State for Business and Trade will lead the roundtable discussion with Small Business Council members: Afiya Titus, Co-founder, Coco Financial; Emma Thomson, Founder, Gemz by Emz; and James Vincent, Co-founder, Hot Source Creative.\n<\/p>\n

\nAs the UK government prioritises digital reform and AI adoption, 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. By championing policies that make AI and digital tools more accessible, the Council will help small businesses harness technology to drive growth and efficiency. Research shows that if the UK\u2019s 1.1 million micro businesses doubled their uptake of AI technology, it could unlock a \u00a316.6 billion productivity boost. <\/b>The initiative underscores Intuit\u2019s commitment to empowering small businesses with the tools, resources, and advocacy they need to thrive in the digital economy.\n<\/p>\n

A Proven Model for Small Business Advocacy<\/b><\/p>\n

\nThe 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\u2019s advocacy led to the introduction of the Small Business Technological Innovation Act (S.305). The bipartisan legislation would make explicit that loans backed by the US Small Business Administration (SBA) can be used to fund the adoption of digital tools and technology by small businesses.<\/b><\/p>\n

\nThe 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. Focused on advocacy by small businesses for small businesses, the Council will put their voices at the forefront of conversations with key policy makers across the UK.\n<\/p>\n

\nThe Council will focus on three core areas:\n<\/p>\n

    \n
  1. Driving Digital Adoption<\/b> \u2013 Helping more small businesses embrace digital tools by tackling barriers like cost and complexity. The Council will advocate for better support, incentives, and resources to ensure businesses can fully benefit from digital transformation.\n<\/li>\n
  2. Simplifying Business Administration<\/b> \u2013 Helping small businesses save time and reduce complexity by advocating for smarter, digital-first solutions. For example, Making Tax Digital (MTD) has already saved UK businesses up to \u00a3915 million, yet further improvements could unlock even greater efficiencies. The Council will champion efforts to streamline tax processes and cut administrative burdens, allowing small firms to focus on growth.\n<\/li>\n
  3. Democratising Access to AI<\/b> \u2013 Ensuring small businesses aren\u2019t left behind in the AI revolution. The Council will work to make AI tools more accessible and practical for small businesses, while ensuring their voices are heard in key industry and policy discussions.\n<\/li>\n<\/ol>\n

    Sasan Goodarzi, CEO of Intuit,<\/b> says: \u201cWhen 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. I\u2019m excited for the new Council to bridge this gap and help ensure that UK policies reflect the needs of these entrepreneurs who are critical to the UK economy.\u201d<\/i><\/p>\n

    Secretary of State for Business and Trade, Jonathan Reynolds,<\/b> said: \u201cAI and digital tools can be game changers for small businesses\u2019 productivity, but we know there are barriers which get in the way of wide-spread adoption, which is why Intuit\u2019s Small Business Growth Council is so important. This Government is working with industry leaders, including groups like the SME Digital Adoption Taskforce, to develop practical solutions addressing these challenges, supporting small businesses to thrive, growing the economy and securing the UK\u2019s future through our Plan for Change.\u201d<\/i><\/p>\n

    Rose Sellman-Leava, Small Business Growth Council member and Co-Founder of Inclusive Futures UK, <\/b>adds, “I\u2019m 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\u2019t reflect our realities. This Council will give small business owners a seat at the table, helping to make sure digital transformation is accessible, practical, and truly beneficial for businesses of all sizes.”<\/i><\/p>\n

    James Vincent, Small Business Growth Council member and Co-Founder of Hot Source Creative,<\/b> 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\u2019t left behind\u2014we need real, practical support to unlock the full potential of digital transformation.”<\/i><\/p>\n

    Leigh Thomas, Vice President for Europe, the Middle East, and Africa (EMEA), at Intuit, <\/b>says: \u201cThe Intuit Small Business Growth Council has the chance to build on lessons learned over the last few decades in making sure small business owners\u2019 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\u2019s digital agenda.\u201d<\/i><\/p>\n

    \nFor more information about the Small Business Growth Council and its mission, visit the Intuit blog<\/a>.\n<\/p>\n

    About Intuit<\/b><\/p>\n

    Intuit<\/a> 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<\/a>, Credit Karma<\/a>, QuickBooks<\/a>, and Mailchimp<\/a>, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible.\n<\/p>\n

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    View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250402452695\/en\/<\/a><\/span><\/p>\n

    \nMedia contacts:
    \n
    For more information, contact     quickbooks@edelman.com<\/a><\/p>\n

    KEYWORDS:<\/b> North America United States Ireland United Kingdom Europe District of Columbia<\/p>\n

    INDUSTRY KEYWORDS:<\/b> Software Finance Artificial Intelligence Small Business Accounting Professional Services Technology Fintech<\/p>\n

    MEDIA:<\/b><\/p>\n\n\n\n\n
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    <\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

    New Intuit Small Business Growth Council Launched to Champion AI and Digital Transformation for Small Businesses in the UK Business leaders urge support for AI and digital tools in government’s growth strategy LONDON–(BUSINESS WIRE)–Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, today announced the launch of the Intuit Small Business Growth Council (Council), a new initiative dedicated to empowering small businesses in the UK through AI and digital adoption. The Council, which consists of 18 digitally-connected businesses, will amplify the voices of small businesses in shaping policies that drive innovation and economic growth. Despite clear evidence that digitally connected businesses are 2.4 times more likely to report higher productivity and 2.3 … <\/p>\n

    Continue reading “New Intuit Small Business Growth Council Launched to Champion AI and Digital Transformation for Small Businesses in the UK”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-832767","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNew Intuit Small Business Growth Council Launched to Champion AI and Digital Transformation for Small Businesses in the UK - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-intuit-small-business-growth-council-launched-to-champion-ai-and-digital-transformation-for-small-businesses-in-the-uk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Intuit Small Business Growth Council Launched to Champion AI and Digital Transformation for Small Businesses in the UK - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"New Intuit Small Business Growth Council Launched to Champion AI and Digital Transformation for Small Businesses in the UK Business leaders urge support for AI and digital tools in government’s growth strategy LONDON–(BUSINESS WIRE)–Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, today announced the launch of the Intuit Small Business Growth Council (Council), a new initiative dedicated to empowering small businesses in the UK through AI and digital adoption. The Council, which consists of 18 digitally-connected businesses, will amplify the voices of small businesses in shaping policies that drive innovation and economic growth. 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(Nasdaq: INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, today announced the launch of the Intuit Small Business Growth Council (Council), a new initiative dedicated to empowering small businesses in the UK through AI and digital adoption. The Council, which consists of 18 digitally-connected businesses, will amplify the voices of small businesses in shaping policies that drive innovation and economic growth. 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