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Olympic Games 2012: Wales

Volume 475: debated on Thursday 1 May 2008

To ask the Minister for the Olympics which Welsh companies have registered for the CompeteFor service for the Olympics. (203164)

To the end of April, over 323 Welsh businesses have registered on CompeteFor. The names of individual businesses registered on CompeteFor cannot be placed in the public domain, as the CompeteFor terms and conditions provide confidentiality for users. Of the 323 businesses, over a third have five or less employees, and approximately another third have between five and 30. The remaining have over 30 employees. Most of the registered businesses are limited companies, but there have also been registrations from charities, not-for-profit organisations, sole traders, and partnerships.

The CompeteFor system and the wider 2012 London Business Network have been developed to give businesses up and down the country access to opportunities in the 2012 supply chains. So far the level of take up by Welsh businesses has been low: the 323 figure above represents only 2 per cent. of the total registrations. I would encourage as many Welsh businesses as possible, alongside those in the rest of the UK, to take advantage of these opportunities.