More than 5,000 ways for region's companies to strike Olympic Gold

18/01/2010

 

CompeteFor, the online ‘business dating’ website, is celebrating its second birthday with the 5,000th business opportunity advertised on the service since its launch in January 2008. 
 
CompeteFor was designed, on behalf of England’s Regional Development Agencies, to give small and medium-sized businesses the chance to go for contract opportunities arising from the London 2012 Olympic and Paralympic Games. Together with the Olympic authorities and their main contractors, more than 600 buying organisations are now placing opportunities on CompeteFor.
 
Over 100,000 businesses across the UK have registered on CompeteFor to take advantage of the 5,000 opportunities ranging from printing to event management contracts and from training to abseiling services.  Around 74% of contracts awarded have been placed with SME businesses and 18% of them have gone to businesses with 10 or less staff. 
 
Yorkshire and Humber companies are also benefiting from London being chosen to host the 2012 Olympic and Paralympic Games.  Hull-based Arco has successfully tendered for a 3-year contract for the provision of PPE including eyewear, gloves, safety footwear, helmets and several versions of hi-vis vests and coats.
 
Nick Hildyard, joint Managing Director at Arco said: “Arco is celebrating its 125th Anniversary this year and as the Olympic Park will be a lasting legacy for future generations, we are benefiting from supplying safety products that will keep all those working on this important project safe.”
 
Ian Lucas, Minister for Business and Regulatory Reform, said:
"This is a very significant milestone to have reached and illustrates just how successful and user friendly the CompeteFor website is.
 
“Long term preparation and being in condition is the key to success - in sport and in business. With that in mind, the government has been helping UK businesses get in condition through Business link and its portfolio of products - such as the Manufacturing Advisory Service – which has helped domestic companies win London 2012 contracts via CompeteFor.
 
“The finish line isn’t in sight yet; there are still many more contracts up for grabs for small to medium sized businesses, which could also provide the opportunity to secure contracts for future global sporting events.”
 
CompeteFor is continuing to grow. There are still over £1 billion worth of Olympic-related contracts to come to the market. 
 
Jim Farmery, Assistant Director of Business for Yorkshire Forward comments: “London 2012 is creating opportunities for Yorkshire and Humber. Companies such as Corus, Severfield Rowen, Bridon and of course Arco, to name but a few, are proof of this.
 
“We would like to see even more Yorkshire and Humber companies registering for Competefor.com; putting themselves in the running and accessing contracts to benefit from what is expected to be a £21bn cash injection into the UK’s economy.
 
To register on CompeteFor visit www.competefor.com
 
If Yorkshire and Humber businesses want to find out how they can get fit to compete for London 2012 contracts, they should visit www.businesslink.gov.uk or contact 0845 600 9 006.
 
ENDS
 
For further information or to arrange an interview, please contact Daniel Murphy, Press Manager on 0113 394 9904 or email daniel.murphy@yorkshire-forward.com
 
Yorkshire Forward
·         Yorkshire Forward is the Regional Development Agency behind the economic regeneration of Yorkshire and Humber. It aims to make a positive difference by investing in jobs, improving towns and cities, and in supporting businesses throughout the region.

  • Yorkshire Forward’s investment across the region is maximised by attracting European Regional Development Funding from the Objectives One and Two programmes and the 2007-2013 Regional Competitiveness and Employment Programmes.

 
Competefor.com
1.    Further details about CompeteFor, including advice on how to register can be found at https://www.competefor.com
2.    The London Development Agency works across the capital to unlock the potential of London and Londoners and sustain its economic growth.
3.    CompeteFor has been developed on behalf of the English Regional Development Agencies and UK Devolved Administrations by the London Development Agency (LDA), working closely with the London Organising Committee of the Olympic and Paralympic Games (LOCOG) and the Olympic Delivery Authority (ODA) and the London Business Network. Serco Limited, working in conjunction with BiP Solutions, delivers the CompeteFor website and Helpdesk on behalf of the LDA.
4.    Companies that register on CompeteFor are automatically assessed to determine if they are 'business ready' - and are referred to their local business support agency (e.g. Business Link in London) for support if appropriate.
5.    The London Business Network was set up by three leading business organisations in the capital: London First, the London Chamber of Commerce and Industry and CBI London; on behalf of the London business community. It aims to ensure the transparency and availability of London 2012 opportunities, maximising the number and diversity of businesses contributing to the London 2012 programme and creating a legacy of increased capacity and expertise. 
6.    The LDA began putting many of its contracts on CompeteFor from 1September 2008; with the rest of the GLA Group agreeing to publish its procurement contracts on CompeteFor as part of the Mayor's Economic Recovery Action Plan announced in December 2008. 
7.    The London Development Agency won the Government Opportunity Magazine Collaborative Procurement Award for developing the CompeteFor service and the LDA's CompeteFor was a finalist at the 2009 Local Government Chronicle Awards.