00:00Today we're establishing the Defence Office for Small Business Growth as part of our mission
00:22to increase the amount of spend that the Ministry of Defence makes with small businesses across
00:26the country. We currently spend about five billion pounds a year and we want to increase that by 50%
00:32to seven and a half billion pounds by 2028. Now that's a huge increase that will create lots of
00:38jobs, lots of growth and make Britain stronger but to do that we want to make it easier for small
00:44businesses to be able to interact with Defence so we can procure faster and quicker and they can bring
00:49their products to market even faster as well. So it's the start of a process about making Defence
00:54more small business friendly, creating good jobs and growth and making sure that Defence is an engine
01:00for growth in every part of our country.
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