SBREC Business Dataset - Global

Tender description

The Small Business Research & Enterprise Centre (SBREC) allocates an annual budget of £162,000 to procure specialist market intelligence databases that provide data not freely available elsewhere. These resources are essential for SBREC’s members—pre-startups, sole traders, micro and small businesses—who cannot afford commercial subscriptions. SBREC purchases these datasets at academic and local authority rates, ensuring strong value for money. All databases are reviewed annually to confirm their uniqueness, return on investment, and alignment with SBREC’s service standards. Providers are recognised industry authorities and are the sole publishers of their datasets. GlobalData is a key resource for SBREC, offering in-depth, analyst generated market, sector, company, brand, and demographic data that cannot be replicated by other sources. Its forecasts, trend analysis, and global insights support business planning, funding applications, market entry decisions, and growth strategies. Access to this credible, authoritative data significantly strengthens the competitiveness and success prospects of small businesses. Without GlobalData, SBREC would be unable to provide the high-quality guidance required by its users, limiting the support available to businesses at critical stages of development. As the data is unique and essential, the absence of this resource could lead to weaker business planning and an increased risk of business failure, with wider negative implications for the UK economy. ## Contract award