New Initiative to Support More Local Trade

The City of Knowledge and Lyngby-Taarbæk Municipality have joined forces in a new initiative, intended to support more local trade and more connections between local businesses.

The initiative’s working title is “Suppliers’ Forum” (Leverandørforum). It aims at connecting businesses to each other in order for smaller businesses to bid on task at the larger businesses. It is a unique concept in a Danish context since both the municipality as well as private companies will participate.

On October 22 the City of Knowledge and Lyngby-Taarbæk Municipality will host the event, where smaller businesses from selected industries will have the opportunity to meet other companies.

”We have approximately 2,400 registered companies in Lyngby-Taarbæk Municipality. There is a huge number of smaller and medium-sized businesses that contribute to the growth. In the municipality’s new business strategy we focus on small and medium-sized companies. Therefore, the initiative complement the municipality’s agenda very well”, says Karen Rasmussen, Business Coordinator at Lyngby-Taarbæk Municipality.

“The City of Knowledge focuses on strengthening both the large and the small companies. “Suppliers’ Forum” will be a platform that connects the local companies. Our expectation is that the initiative will contribute to more local trade between the companies”, states Marianna Lubanski, CEO at Lyngby-Taarbæk City of Knowledge.

The idea for “Suppliers’ Forum” was fostered earlier this year in the City of Knowledge Network for Smaller Businesses. The network has developed the concept together with representatives from companies and the municipality.

”We quickly realized that we had full support for creating a new concept where both the municipality as well as companies participate. We have had a good, constructive dialogue with a range of companies in developing the concept, and we look forward to announcing the program for the event later this summer”, declares Johnny Møller, the network’s coordinator as well as owner of the company Online Advisor.