The UK government has announced grants for SMEs of £3,000 to move to superfast broadband services.

The proposal was announced by David Cameron and culture secretary Maria Muller and will available SMEs in 10 cities originally.

The funding for transition to superfast broadband is designed to increase outside investment in the UK and encourage UK businesses to embrace new technology.

David Cameron said: “Up to £3,000 of broadband vouchers for small business in these cities is not only a massive boost for growth in the UK, but also has the potential to bring China to Cardiff, Brazil to Bristol and the Emirates to Edinburgh in an increased export market”.

UK broadband speeds increase rapidly as government spending sees strong results