London 2012 Business Network

The London 2012 Business Network has been launched, providing businesses cross the UK - particularly small & medium sized enterprises (SMEs) - with an opportunity to engage with potential partners, and to compete for London 2012 Games-related work.

The network includes 3 core elements:

-  online access to information about London 2012 procurement and sub-contracting activity

-  details of a national programme of business events run by London 2012

-  the chosen website for the publication of Games-related opportunities.

COMPETEFOR WEBSITE

The website, CompeteFor, is the chosen website of London 2012 and acts as a brokerage service between buyers and potential suppliers throughout the London 2012 supply chain. It is expected that up to a fifth of London 2012 supply chain opportunities will run through the CompeteFor system.

CONTRACTS

Already 500 contracts worth over £1 billion have been awarded, with 98% going to British companies, and nearly half won by mostly SMEs based outside London - which the organisers say shows how the Games can benefit businesses throughout the UK.

BUSINESS NETWORK WEBSITE

The Business Network website also provides information on:

-  the processes and policies guides for suppliers from the Olympic Delivery Authority (ODA) and the London Organising Committee of the Olympic & Paralympic Games (LOCOG)

-  current opportunities

-  future opportunities - search a list of future games-related opportunities

-  ODA suppliers - view a list of businesses that have supplied the ODA

-  business e-alerts

-  business support - contact a regional development agency for help and advice

-  business events

-  business frequently asked questions (FAQs)

-  volunteering work for 2012

-  education

-  sponsorship

-  competing

FURTHER INFORMATION

For further information please visit the London 2012 website at: www.london2012.com/get-involved/business-network/index.php