Key Takeaways:
- London City Airport’s event catalyzes potential multi-million-pound deals for SMEs.
- Over 150 SMEs connected with large businesses, exploring new opportunities and learning about tenders.
- Tim Campbell MBE’s keynote speech highlights the growth and challenges in SMEs.
Introduction: In a significant boost to small and medium-sized enterprises (SMEs) in East London, London City Airport’s recent ‘Meet the Buyer’ and East London Business Summit is set to unlock millions of pounds worth of business opportunities. The event, held at the London Stadium on 30th November, brought together over 150 SMEs with larger corporations to discuss upcoming projects and forge valuable connections.
Empowering Local SMEs: The summit provided a unique platform for SMEs to engage directly with major businesses, including prominent names like Canary Wharf Group, Tate & Lyle, and Lendlease. These interactions are expected to lead to substantial business agreements, continuing the trend of success from previous years.
Keynote Address by Tim Campbell MBE: Former Apprentice winner and East London native, Tim Campbell MBE, delivered an inspiring keynote speech. Drawing from his personal journey and entrepreneurial insights, Campbell discussed the hurdles SMEs face and strategies for growth. As the founder of the Bright Ideas Trust and a recognized figure in enterprise culture, his address was a highlight of the event.
A Record of Success: Wilma Allan, Chief Financial Officer at London City Airport, underlined the event’s track record of success, noting that last year’s summit resulted in £5 million worth of business deals. Allan emphasized the airport’s commitment to supporting local SMEs and the broader economy.
Boosting Economic Impact: Suzi McCreedy, Chief Commercial Officer at UMi, expressed excitement over the day’s outcomes. With over 600 sales appointments in a single day, the event is seen as a significant economic catalyst. McCreedy highlighted UMi’s role in enhancing local businesses’ competitiveness and confidence.
Strengthening Local Business Networks: Lloyd Johnson, Chairman of Newham Chamber of Commerce, emphasized the importance of such events in leveling up the local area and driving economic growth across East London. The event aligns with the chamber’s mission to support small businesses in expanding their networks and opportunities.
Conclusion: London City Airport’s Meet the Buyer and East London Business Summit stands as a powerful testament to the potential of local SMEs in the region. By bridging the gap between small businesses and large corporations, the event not only fosters immediate business opportunities but also cultivates a thriving business ecosystem for the future.
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