Team fund, responsible for the funding of London Olympic 2012, has urged the small and medium sized companies to support the event. It is looking to collect at least 25 million euros for the great event.

It has anticipated that these funds from the companies would be counted to 15 million euros to provide training and equipment for at least 1200 athletes.

There is a list of 750 companies, who will be asked to provide fund up to 10,000 euros in a year to participate in the nice project of two years. This project is decided to be launched just two years before the start of the London 2012 Olympics.

The workers of the participating firm would be allowed to meet the athletes, to watch the hospitality events and will get tickets of major sporting events in the UK. The companies will also get networking opportunities in their own area, training and seminars.

The sports minister Mr. Hugh Robertson has said it was very difficult to arrange funds for the athletes in this current situation of huge economic crisis. So he has decided to arrange funds in these different ways.