Business Idea Opportunity
"And yet the East of England represents a great investment opportunity. "It has the highest number of new business start ups outside of London and the highest rate of business start up survival anywhere in the UK." As part of the merger, the businesses are given access to the Universities facilities as well as being part of the new ideas process. "Universities must open their doors wider to SMEs and encourage business to come onto campuses."
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Alan Fleming, a project manager by trade, is ecstatic about being awarded first prize in this competition. "I have had this idea in the back of my mind for months now, but never knew how to execute it, " says Fleming. "bidorbuy and Gauteng Business has given me the incredible opportunity to turn my idea into reality and get my first online business off the ground."
"It is encouraging that the value share of central government contracts awarded to small businesses has increased to 22 per cent, " stated Barry Gardiner, small business minister. "But the public sector must do more to ensure that it is making the best possible use of the innovation and dynamism that the small business sector can bring." To promote awareness of the cost benefits, innovative ideas and better standard of services offered by small firms, the DTI's Small Business Service and the Office of Government Commerce (OGC) Better Value Guide.
