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Getting a LEGI-up

A joint bid for £70million is being made by Greenwich and the other London Olympics boroughs to ensure long-term benefits for businesses. The bid is for 10-year funding from the Government's Local Enterprise Growth Initiative (LEGI).

The five boroughs, which are to host the 2012 London games, want to make sure the events bring business growth and increases training and employment opportunities for residents.

Some of the proposed schemes include:

  • enterprise education in schools for those aged seven to 13
  • work placement and business start-up programmes for school leavers
  • help for residents particularly those from ethnic minority communities to set up in business
  • support for businesses competing for contracts and subcontracts in major schemes
  • provision of small affordable workspaces
  • helping residents to become active in the tourist economy
  • support for worker-controlled co-operatives and other social enterprises.

From: Town hall to bid for slice of £70m aid,, Mandy Little, Oct 3 2006

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