Calling all SMEs – Heathrow’s Business Summit hits the road
Heathrow, March 3, 2016: “We’ll need more SMEs from the Northern Powerhouse in Heathrow’s supply chain to deliver an expanded Heathrow” declared Phil Wilbraham, Heathrow’s Development Director at the BCC’s annual conference as he announced Business Summits in Manchester and Leeds. With strengths in complex manufacturing, science and innovation, SMEs in the Northern Powerhouse will be integral to Heathrow’s ability to deliver an expanded hub airport for the UK on-time and on-budget.
SME involvement in Heathrow’s supply chain is thriving, driven by massive increases over the past three years. Today, almost half of Heathrow’s Tier 1 suppliers are SMEs compared to just over a third three years ago. Heathrow is looking to actively engage even more SMEs at all levels of the supply chain with the launch of Business Summits in Manchester and Leeds following a successful trial with Business Summit North last year. The Northern Business Summits will complement Heathrow’s flagship Summit which takes place at the airport each November.
Now entering its 20th year, Heathrow’s annual Business Summit gives SMEs a unique opportunity to engage directly with each other and the airport’s supply chain – enabling the face-to-face interactions that are key to cementing relationships and connecting SMEs to growth opportunities at the airport and around the world.
SMEs already play a key role in Heathrow’s supply chain – with the airport spending over £1.5 billion annually with over 1,200 suppliers from around the UK – and their role will grow with the airport’s expansion. Overnight Heathrow expansion will become the UK’s largest infrastructure project and a diverse supply chain will be required to deliver it. The first wave of new jobs from the £15.6 billion project will come from the planning and development of an additional runway and new terminals, offering significant opportunities for SMEs across the UK.
Source: Heathrow Airport