Bedford

18th May 2012

Going For Gold

17th Sep 2007

Businesses must act now if they are to make the most of opportunities arising from the London 2012 Olympic Games and Paralympic Games.

The London 2012 procurement process has already begun, yet only 5.7%, of all the businesses registered to receive e-alerts about these procurement opportunities, on the official 2012 website, are from the East of England.

According to a study commissioned by the East of England Development Agency (EEDA), companies in the region could secure between five and 10 per cent of the overall £38 billion set to be generated from London 2012 business opportunities. This equates to between 190 million-380 million pounds worth of contracts potentially coming into the region. The study also showed that the total economic benefits to the region could exceed £600 million.

The 2012 Business Centre, on the official Games website, contains a host of invaluable information for those interested in competing for London 2012 contracts. Up to 50,000 contracts will be on offer, to ensure all the venues and infrastructure required for the Games are in place on time. The Business Centre also includes a Supplier Guide and an online e-tendering site featuring 2,000 contracts that are open for online bids.

To help businesses get an idea of the types of contracts that will be up for grabs and the benefits of tendering for them, EEDA will be hosting a special advice session at Destination Growth 07; which will take place at Airspace, in Duxford, Cambridgeshire, on November 6 2007. For more information on the Olympic business session and other speaker sessions that will be taking place throughout the day, or to register for the event and the Olympic advice session, visit the Destination Growth 07 website at www.eeda.org.uk/destinationgrowth.

To register to receive free business e-alerts about London 2012 tender opportunities as they are announced please log onto the official London 2012 Business Centre at http://main.london2012.com/business

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