Speaking at the Taking Business Beyond 2012 event in Leicester, Mr Timms described the Olympics as "a fantastic opportunity to leave a lasting economic legacy".
However, there is little news on the much-delayed contracts for print, design, copywriting and distribution.
A London 2012 spokesperson told printweek.com: "We have issued invitations to tender for the design lots and are currently working through the other lots – copywriting, print and storage and distribution. We expect to be issuing invitations to tender on these in the coming weeks"
According to Olympics minister Tessa Jowell, more than £1bn of contracts have already been awarded, with 98% of the work going to UK businesses.
Olympic Delivery Authority chairman John Armitt said most of the winners had been small businesses, but that "the vast majority of business opportunities remain to be let".
During the conference, delegates were be told about initiatives such as the London 2012 Business Network and the support available from regional development agencies.
Delays continue for print contracts as government highlights Olympics opportunities
Business minister Stephen Timms yesterday (24 January) outlined the opportunities for small businesses to get involved with the 2012 Olympics and use it as a springboard to compete for broader government contracts.
