Stansted: Airport’s Meet the Buyer event set to generate contracts worth £1.5m for region’s firms
12:59 19 January 2014
Business deals totalling a record £323,000 were generated by firms in the first six weeks following last year’s London Stansted Meet the Buyers event, according to new research − a 50% increase on the 2012 event.
The follow-up study conducted after Meet the Buyers 2013 also estimates that more than £1.5million of new contracts will be generated by firms in the East of England from the money-spinning event, which is £25,000 up on the amount following Meet the Buyers 2012.
Chris Wiggan, Stansted Airport’s head of public affairs and sustainability, said: “These are incredible figures which clearly demonstrate that Meet the Buyers is a valuable business and networking event for both buyers and suppliers from across the East of England.
“With a growing international airport on the doorstep and a thriving entrepreneurial spirit, this region has a lot to offer UK Plc and is at the heart of driving forward economic growth and opportunities and this is where Meet the Buyers really comes into its own.”
Technology firm Green Duck Ltd, a supplier from Bury St Edmunds, said Meet the Buyers helped it win a £1,000 training contract, while sign maker, IRS Girod from Swaffham in Norfolk came away with several leads and a deal worth £100,000.
Also attending as a buyer was Southend printing firm, Formar. Sales director Phil Wilce said the event helped the firm secure a contract for £900 with the potential for more throughout the year. “This was a very worthwhile investment in a professionally organised day which has supported our drive to generate new business in Essex,” he said.
Seasoned attendee Terry Farthing from Stansted-based Airport Lettings, won two contracts with suppliers and declared that it was “without doubt the most profitable day we have ever had at any Meet the Buyers”.
Meet the Buyers 2013, held on October 3, wasorganised by London Stansted Airport and run by BE Group and Marketing Kenetics.
A total of 233 delegates from 199 companies were engaged in the programme, which included two pre-event workshops as well as the main Meet the Buyers event. The next Meet the Buyers event will be held in October 2014. For more information, visit www.stanstedmtb.co.uk.