Firms focus on Olympic gold

Oct 01, 2008

With an estimated £6 billion worth of supply contracts on offer around the London 2012 Olympic and Paralympic games, there are significant opportunities for businesses to get involved.

The event is aimed at helping BME businesses make the most of these opportunities.

According to figures from CompeteFor, an online ‘dating agency’ for businesses looking to supply the London 2012 Olympic and Paralympic Games, only 48 BME businesses across the East of England have registered their services as potential suppliers.

In order to help the region’s BME business community get-set for the London 2012 business opportunities, the East of England Development Agency are co-hosting the targeted workshop. A panel of experts will show BME businesses where to find out about contract opportunities by using CompeteFor, and how to put their business in the shop window in order to win.

Funded by EEDA, CompeteFor acts as a brokerage service between buyers and potential suppliers, with the aim of opening up the London 2012 supply chain. But it’s not just about building world-class stadia and improving infrastructure in and around London. There is a rich diversity of contracts on offer, ranging from supplying IT hardware to providing coach driving services.

Richard Ellis, chair of EEDA, said: “London 2012 offers golden opportunities, not just for top athletes, but for ambitious businesses in the East of England.

“It is estimated that somewhere in the region of 75,000 contracts will be procured through the London 2012 supply chain – everything from construction services to coach driving, design work to road marking.

“The East of England is home to a vibrant and growing BME business community which makes a significant contribution to the region’s economy. It is therefore absolutely vital that they engage with the opportunities on offer, to enable them to compete in both national and global market places.”

BME businesses can register to attend the event, which will be hosted at the Auction House in Luton on October 15, by visiting www.bookevents.org

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