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London Stansted Airport is a key catalyst for economic growth and productivity in the East of England, is the biggest single site employer in the region with over 10,200 people working for 200 on-airport companies. Stansted has more than 150 direct flight connections to international destinations, handles over 200,000 tonnes of cargo a year and is vital for growth in UK trade and investment.
Stansted has held an annual Meet the Buyers event since 2002 to increase airport supply chain opportunities for local businesses. The event has grown each year and allows local firms and entrepreneurs to pitch their products and services to a group of senior buyers with multi-million pound requirements. In 2013, the event attracted 134 delegates from 116 companies to meet 32 buyers from major organisations including Keir, UK Power Networks and Hertfordshire County Council. The event generated an estimated £1.8bn worth of new contracts for local business.
In partnership with the Stansted Airport Chamber of Commerce, we will continue to host two ‘introduction to airport procurement’ workshops a year for local businesses and continue to play an active role in the regional chambers network and small and medium sized enterprises (SMEs).
Hertfordshire Couty Council is one of the biggest local authorities in the UK and attended Meet the Buyers for the first time in 2013. They were delighted with the event and not only placed an estimated £70,000 with a variety of local SMEs but also invited companies they met to tender for five contracts ranging from £20-30,000. The Council’s representatives considered the day an incredible success, and said “many leads were passed throughout the council, some of which provided great cost savings for taxpayers”. The council is keen to support a public sector and airport procurement workshop.
To register for information about our 2015 Meet the Buyers event, please visit www.stanstedmtb.co.uk