Sunday, October 26, 2008

Business opportunities in a tough economic climate

This week I spoke at a business forum organised by the Confederation of British Industry to help galvanise support from the business community. It was a chance to show businesses how they can set about accessing opportunities created by London 2012 and champion the Games.

Ian Barlow, Chair of the London Business Board, Mike Mulvey, CEO of the London Business Network, and Brendan Dineen, 2012 Director for Think London, also contributed.

One of the themes that came out of the forum was of the ability for the Games to stand out as an inspiration for businesses in the challenging economic climate we currently find ourselves in. While other building projects might have to be shelved until the economy recovers, the venues and infrastructure for the Games simply must be delivered on time.

This creates an important opportunity for many businesses to access contracts throughout the supply chain. The audience, a cross representation of UK businesses, were provided with an update of the progress of the construction and talked though the importance of the Olympic Route Network for the smooth operation of the Games.

This was followed with practical information about how they can access these opportunities through the London 2012 Business Network.

Our key message is that that London 2012, as one of the largest construction projects in the UK, will offer huge prospects for regeneration and growth and one we hope will serve to stimulate and inspire businesses across the UK.

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