Heathrow has announced the longlist of 37 companies progressing to the next round in its search for expansion Innovation Partners. Successful entrants will now have eight weeks to bring to life business cases ready to pitch to the airport’s top executives, ensuring the most efficient, sustainable and affordable plan is delivered.
Launched in April this year, the Innovation Partner Process encouraged potential partners to share ideas on how to deliver on the promises Heathrow has made to the environment, its neighbours and the country. The only restriction imposed was all proposals must align with Heathrow’s vision and strategic objectives of improving passenger experience, driving cost efficiencies, growing commercial revenues and delivering on its sustainability targets.
The appetite from businesses up and down the country to get involved was extremely positive, with the airport receiving over 150 ideas, all bidding for their part in building Britain’s new runway. Over 86% of these expressions of interest came from companies outside of Heathrow’s current supply chain.
The businesses that have progressed to the latest round of the search come from a range of sectors including retail, logistics and airline partners. Ideas also have a range of focusses including efficient cargo management systems, state of the art IT programmes and security solutions.
The next stage will see a final round of business pitches, and ideas that will impact the masterplan of the expanded airport, will then be factored in to the Development Consent Order, expected to be approved in 2021.