David Cameron announces launch of the UK’s International Festival for Business 2014
Liverpool-based festival expected to attract 250,000 visitors across 61 days of business boosting events
Prime minister David Cameron today announced the launch of the UK’s International Festival for Business, which is set to take place in Liverpool in 2014.
Running across 61 days during June and July next year, the festival will host a variety of events and exhibitions designed to boost and celebrate innovative businesses from around the world.
With the festival expecting to attract more than 250,000 visitors, the event is hoping to provide attendees including entrepreneurs, policy makers and investors from around the world with the opportunity to network.
Organised by Liverpool’s economic development company Liverpool Vision, the festival is set to cost £15m and it is predicted that the event will see a return on investment of £100m worth of economic activity.
Speaking at the launch, the prime minister said: “We are in a global race in our world today, a race in which Liverpool is not just competing with Barcelona and Hamburg, you’re competing with Beijing and Jakarta. Some countries will make it and others will fall behind, and I am determined that Britain, and cities like Liverpool, will make it.” With Liverpool’s economy having grown faster than that of the UK, the city is also set to host Accelerate 2013. Taking place from June 26-28, the new annual event aims to celebrate fast growth UK businesses.
Max Steinberg, chief executive of Liverpool Vision commented: “We are immensely proud that Liverpool will host such a world-class event as the International Festival for Business 2014.
“It will highlight the city region’s transformation as a dynamic location and as a visitor destination and create a legacy that will be built on for years.”