Intuit has announced the launch of the Intuit Small Business Growth Council, a new initiative dedicated to empowering small businesses in the UK through AI and digital adoption.
The Council consists of 18 digitally-connected businesses, and the hope is they will amplify the voices of small businesses in shaping policies and drive innovation and economic growth.
Intuit launched a similar initiative in the US, 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 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.
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. The Council will advocate for better support, incentives, and resources to ensure businesses can fully benefit from digital transformation.
- Simplifying Business Administration – 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 £915 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.
- Democratising Access to AI – Ensuring small businesses aren’t 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.
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. I’m 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.”
