Home Business NewsBusiness Amazon Small Business Accelerator has now supported more than 200,000 startups

Amazon Small Business Accelerator has now supported more than 200,000 startups

by LLB Editor
16th Aug 21 11:17 am

Today Amazon announces the Amazon Small Business Accelerator has achieved its milestone goal of supporting more than 200,000 businesses within one year of launching in July 2020.

A survey of businesses who have participated in the Amazon Small Business Accelerator found the following:

  • 79% of participants credit the Amazon Small Business Accelerator with helping improve their business performance,
  • A further 88% expect the Accelerator will improve their performance in the next 12 months,
  • 40% believe that online skills are now vital, and they could not operate without them,
  • Although 34% cited lack of finances as a barrier to developing online skills, 88% of the participants intend to invest more into online skills and technology in the 12 months ahead.

Responding to the impact of the pandemic on the startup and SME community, Amazon created the Amazon Small Business Accelerator with the UK’s leading small business support network, Enterprise Nation, to help businesses of all size by providing a free package of support, online learning and bootcamp events to help them start and grow online. The Amazon Small Business Accelerator continues to provide support through the rest of 2021 with a rich calendar of free training and activities.

New research commissioned by Amazon indicates that 81% of UK small and medium-sized enterprises (SMEs) invested in digital skills over the past year. Meanwhile, three in four (78%) SMEs say they would value free training and skills to support their growth.

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