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Nottingham has unveiled the ten companies and organisations travelling to this year’s MIPIM property event in Cannes.

This year, 'Team Nottingham' is made up of: Innes England; Gleeds; Geldards; Morgan Tucker; Rizk McCay; Couch Perry & Wilkes; CMPG Architects; Miller Birch; and Invest in Nottingham.

In 2011, Nottingham City Council announced that it could no longer afford to take the city to MIPIM. But a group of business people - led by Tim Garratt of Innes England - joined together to fund the city's attendance in Cannes.

The total cost of the trip will be £22,000, which will be funded by the nine private companies. The partnership will fund the attendance of Invest in Nottingham.

Garratt said: "For the second year running, we have had a number of private businesses across Nottingham and the county who are keen to maintain the city's prominence at MIPIM. Over the past few years, Nottingham has succeeded in establishing a recognisable presence there - and it is vital that we keep this momentum going, especially in the current downturn.

"The reality is that we have to compete for future inward investment, and when you are up against locations like Birmingham, Manchester, Sheffield and our own regional rivals you have to compete hard.

"The private-sector partners involved in this year's delegation to MIPIM had no difficulty making a business case for being there. We have opportunities to market, requirements to compete for and we wanted to make sure that the 'Team Nottingham' brand was out there and visible at the biggest event on Europe's property and investment calendar. We are pleased to be taking Invest in Nottingham, which won't be making a financial contribution - but we felt we needed their expertise and knowledge."

Matthew Tucker of Newark-based consulting engineers said: "On behalf of Morgan Tucker, we recognise the importance of MIPIM in terms of inward investment to the city. It's vital that we continue the good work of the past five to ten years. Nottingham must not lose ground in terms of investment to other core cities."

Invest in Nottingham is due to launch its second Commercial Office Market Review in February. It says the city's economy is likely to expand significantly in the years ahead, with more than 14,000 jobs set to be created between 2015 and 2025. Nottingham needs high-quality office space to support that, said Lorraine Baggs of Invest in Nottingham, who will be attending MIPIM.

She said: "With the announcement before Christmas that lines two and three of Nottingham's tram network will go ahead with services on the new lines in 2014, the city's momentum has begun. With this massive investment in the city's transport infrastructure, and plans to revamp the Nottingham Railway Station, the city is forging ahead in its regeneration plans while other cities are standing still.

"We saw last year that even in some of the toughest conditions the property market has had to face that major developments still take place in Nottingham. MIPIM will give us an opportunity to show that both private and public sector have every intention of making the most of the opportunities all this investment presents."