New website gives businesses Olympic boost

The Olympic Delivery Authority (ODA) has launched a new website which will ensure that small businesses can secure valuable contracts in the run up to the 2012 Olympics.

The London 2012 Business Network will allow small businesses to register as suppliers, compete for sub-contracting opportunities and get advice on how to meet criteria on corporate social responsibility.

The Federation of Small Businesses (FSB) welcomed the move, hailing it as a first step towards ensuring that small companies are not frozen out of the procurement process for the games.

John Wright, the FSB’s national chairman, said the delivery of the Olympics will provide opportunities for businesses of all sizes, and urged them to get involved.

“We are particularly pleased that large contractors will be compelled to make public, via the network, the sub-contracting opportunities that will be most suited to smaller companies,” he said.

However, he warned that this did not guarantee that small businesses outside of large Olympic contractors’ existing supply chains would actually get work.

“The ODA has made a good start with the London 2012 Business Network, but we will be keeping a beady eye on the process in the coming months and years to make sure it delivers genuine opportunities for small businesses,” he said.

© Crimson Business Ltd. 2008



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