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03/09/2008

Londoners To Benefit From 2012 Games

Thousands of London residents are already benefiting from the 2012 Olympic Games coming to the capital, through support from the London Development Agency.

These achievements are summarised in 'Employment and Skills update for 2012' - looking at the progress made over the past 18 months to secure new jobs, training, business and sporting opportunities for Londoners.

With several major construction projects underway or imminent, the Games are already opening up opportunities for Londoners who have been out of work.

These opportunities will continue right through to 2012 and beyond as the regeneration of east London built around the Games.

Peter Rogers, Chief Executive of the LDA said: "The LDA is dedicated to creating a lasting Olympic Legacy which will improve the quality of life for Londoners and economic growth in the capital.

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"Our programmes have been focused on ensuring as many people as possible are in a position to benefit from the employment, business and sporting opportunities linked to the 2012 Games. We are delivering a legacy now for London."

The vast achievements so far include CompeteFor which now has 9,000 suppliers registered from London after the LDA developed the award winning service for businesses to bid for Olympic contracts.

The service is now being used nationwide and has advertised 200 contracts since it was launched earlier this year.

It allows businesses to register as potential suppliers and they are then notified when contractors in their area are put out to tender.

Mr Rogers added: "CompeteFor has been a resounding success - enabling small and medium sized businesses to gain access to a wide range of contracts by opening up the Olympic supply chain.

"It was always our vision to roll out the scheme across the whole of the LDA to give smaller firms in London the chance to compete for more contracts and get more business. This service will continue to evolve and we may find CompeteFor will eventually become a key tendering tool for both the public and private sectors."

(JM)

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