| SMEs make up majority of Olympic contracts |
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| Thursday, 05 June 2008 | |
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SMEs have won more than two thirds (70%) of the £2bn-worth of Olympic contracts awarded so far, the Olympic Delivery Authority (ODA) has today revealed.
While 98% are UK based. The figures were published today at a London 2012 business roadshow in London that has attracted over 2000 businesses to events as it toured every UK region and nation over the last 12 months. ODA chairman John Armitt said: “I've talked to business across the UK and there is a real appetite for helping us deliver the London 2012 Games. These figures show that smaller businesses are making the running and getting the biggest benefit so far, as well as getting themselves in pole position to compete for future work in the supply chains of our major contractors. It is a challenging project and we're working with the best of British business to keep well on track to deliver a great Olympic and Paralympic Games and a lasting legacy.” |


