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SMEs Economic Activity on TikTok Contributes £1.63 Billion to UK GDP

An Oxford Economics report on TikTok SMEs looked at the socioeconomic impact of TikTok in the UK and discovered investments from UK SMEs in advertising and marketing on TikTok generated a massive £1.2 billion in revenue in 2022 for UK SMEs, with the food and beverage sector benefiting the most (£0.6 billion).

Tourism Experience Development Roadshows

Tourism Northern Ireland is hosting Experience Development Roadshows for tourism businesses that are developing or delivering saleable, bookable visitor experiences within the context of the tourism brand, Northern Ireland – Embrace a Giant Spirit.

Invest NI Sustainability Reports

Invest NI’s free sustainability Reports give businesses an understanding of their environmental performance across a number of areas, such as raw materials, energy, carbon, packaging, biodiversity and waste.

Net Zero Living: User Focused Design Competition

Innovate UK, part of UK Research and Innovation, will work with micro, small or medium-sized enterprises (SMEs) to invest up to £3.8 million in innovation projects. These will be to support the net zero agenda.

Exploring the Potential of AI in Business

Many customers in various sectors, including government and commercial industries, are actively exploring the possibilities of artificial intelligence (AI) and even implementing AI-related projects within their departments.

Access to Finance: Growth Loan Fund II

The Growth Loan Fund is a £30million loan fund designed to support export-focused NI SMEs demonstrating growth or strong growth potential. It is part of Invest NI’s Access to Finance Strategy and loans are typically between £100,000 and £500,000.

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