Learning technology is seen as one solution to the problem of delivering management training in Small and Medium-sized Enterprises (SMEs). This paper investigates how the Higher Education (HE) sector can use its growing expertise in learning technology implementation to develop effective SME management development solutions. It is found that there is potential for the development of new learning technologies by business schools for use in SMEs, but the process is complicated by the need to ensure materials are adapted to the SME learning context. This is explored through the development of the Learning Technology Practice Framework (LTPF), leading to five key recommendations for HE educators, learning technology developers, SME trainers and public funding bodies to consider. (Contains 2 figures.)