East London Business Place launches new construction supply-chain
East London Business Place (ELBP) has won a contract to work with the London Legacy Development Corporation (LLDC), delivering a Buyer Engagement and Enterprise Support partnership programme at Queen Elizabeth Olympic Park (QEOP).
Through the programme, the LLDC is keen to ensure that current and future developments across QEOP continue to generate positive social and economic benefits for local people and local businesses, ensuring small firms, social enterprises and diverse businesses are in a position to compete for and win contracts linked to the Park’s development.
ELBP, a partnership of private and public sector organisations led by Canary Wharf Group plc with support from the charitable organisation East London Business Alliance, will engage and work with small, medium and micro enterprises (SMMEs) based in the London Boroughs of Newham, Waltham Forest, Tower Hamlets and Hackney that are looking to win work through the range of construction activity that is being undertaken at QEOP. ELBP will engage with the operators, tenants, developer partners and contractors at QEOP to identify specific tender packages, and then source appropriate SMME suppliers from the four named boroughs to respond to those opportunities.
Director of East London Business Place, Glen Addis says; “We are delighted to be working with the London Legacy Development Corporation at Queen Elizabeth Olympic Park. Our Buyer Engagement and Enterprise Support team will work with QEOP buyers and their supply-chains to support local procurement strategy obligations and establish key purchasing milestones and specific tender event schedules. This information will be used to identify and target those relevant SMMEs who are “tender-ready”, and also to inform the training and events programme necessary for further SMME development and competitiveness. For many SMMEs, bidding for works can be a resource-intensive, time-consuming and risky process. ELBP will ensure that all SMME clients are fully business-supported and ready to bid for specific packages of works that are relevant in size and scope and of interest to them.”
ELBP will provide training workshops, ‘meet the buyer’ and ‘meet the supplier’ events, focused roundtable discussions and informal networking events, thereby creating an environment of open dialogue between buyers and suppliers where they can jointly discuss ‘barriers to procurement’ and gain a better understanding of mutual requirements. A structured programme of individual and group support will be provided through business mentoring and coaching. Suppliers will be taken through a robust validation and training process to ensure they are ready to meet the procurement requirements of QEOP buyers and their supply chains.
Companies will also receive bespoke support to help them through the bidding process and in their engagement with buyers of works, goods and services.
SMMEs based in the above boroughs and QEOP buyers looking to broaden their supply-chains are therefore invited to register their interest via firstname.lastname@example.org