The Global Business Summit on Education is taking place today (August 1st) as part of the British Business Embassy series of events, which is being held during the Olympic and Paralympic Games.
It is hoped that, overall, these summits will be worth more than £11 billion to the UK economy, and today's meeting of 250 UK and international delegates is designed to provide a boost in the trade of educational ideas and services.
Among the speakers at the event, which will also look at how sport, science and technology can be used to inspire the next generation, will be former Olympians Steve Cram and Sally Gunnell, who both won medals on the track, as well as wing commander Andy Green.
Mr Green, who became the first person to break the sound barrier on land in ThrustSSC in 1997, is currently preparing to break his own speed record in Bloodhound SSC.
To help inspire the next generation of engineers, the rocket-propelled vehicle has been touring schools in the UK to the delight of pupils. The team behind the Bloodhound reported that almost 4,000 schools registered to take part in its education programme in the first 18 months of the project.
Commenting on what the summit means for UK education as a whole, universities and science minister David Willetts said that it would help to promote the good work of those in teaching jobs in the UK.
"The UK's education and skills sectors have a world class reputation," he said. "Britain is home to leading universities, excellent vocational education and world-renowned schools.
"It [the summit] will provide a powerful showcase for our education sector and its increasing importance in today's highly competitive internationalised economy."
Minister for trade and investment Lord Green added that the summit will not only promote new business, but also encourage the sharing of high-tech skills.
Posted by Harriet McGowan