2012 Olympic Games

London Olympics

SMEs expect Benefit from 2012 Olympics

Britain might be picking up gold in the Bejiing Olympics, but UK small businesses are sceptical about the benefits that London 2012 will bring them, according to entrepreneur think tank the Tenon Forum. Their research revealed that only 10% of UK small–business owners believe London 2012 will help their business, 71% believe the event will have no impact on them at all, and 15% believe it could even have a negative effect. According to the Olympic Delivery Authority (ODA), the public body responsible for developing and building new venues and infrastructure for the Games, SMEs have won seven in ten of the Olympic contracts for 2012 to date. Tenon director of businesses services Michaela Johns said small firms need to start thinking more positively about the 2012 Olympics if they are ... »