Small firms sign up for 2012 dates

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Some 67 per cent are based outside London and 78 per cent have fewer than 50 employees, according to the London 2012 business engagement figures.

Up to a fifth of London 2012 supply chain opportunities are expected to go through the agency, known as the CompeteFor system, which is co-funded by regional development agencies.

More than 70 per cent of the 650 companies that have already won over £2 billion worth of work supplying the Olympic Delivery Authority are smaller companies.

ODA chairman John Armitt said: "These figures show smaller businesses are making the running and getting the biggest benefit so far."