Chancellor George Osborne helped open the 2016 International Festival for Business (IFB2016) yesterday (13 June) at Exhibition Centre Liverpool.

The three-week long global showcase of British industries and innovation will provide a platform for business leaders, entrepreneurs and SMEs. More than 30,000 delegates made up of 90 international delegations are expected.

The inaugural IFB in 2014 generated £280m in investment deals and export sales.

“IFB2016 will be the biggest festival of its type in the world,” said Max Steinberg CBE, chair of IFB2016. “It builds on the exceptional success of the inaugural festival in 2014 and promises to be even more exciting.

“Packed into three weeks we have an exceptional array of 80 events, thought-provoking talks on the Blue Skies stage and a GREAT British Showcase that highlights the best UK innovation, design and creativity.

Delivered by Liverpool vision in partnership with UK Trade & Investment and the GREAT Britain campaign, IFB2016 will feature, in addition to the GREAT British Showcase, the Exporting is GREAT Export Hub and a changing, interactive display of UK industry sectors and inward-investment opportunities.

IFB2016’s main partners are HSBC, BT and Google. Official supporters are Arup, DLA Piper, DONG Energy, Heathrow, PwC, Siemens and Virgin Trains. The festival runs until 1 July.