Best-in-class UK market entry support programme opens for applications
The West Midlands Growth Company (WMGC) is now inviting applications from eligible businesses, with 40 spaces available for 2024.
22 February 2024
- West Midlands Growth Company (WMGC) launches the West Midlands Global Growth Programme – a free package of support for international technology companies looking to make their mark in the region.
- Programme to be delivered in partnership with Bruntwood SciTech, STEAMhouse, University of Wolverhampton Science Park and the University of Warwick Science Park, significantly expanding on WMGC’s existing investor support offering.
- WMGC inviting applications from eligible businesses, with 40 spaces available for 2024.
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The West Midlands Global Growth Programme has been designed to address the key challenges faced by ambitious, innovative companies at every stage of development – from scale-ups to large corporates – when entering the UK market for the first time. Its free package of support includes sponsored innovation centre workspace, access to sector specific programmes and bespoke professional services assistance, covering areas such as UK subsidiary set-up, introductions to local networks, UK VISA assistance and marketing amplification. Building on the overwhelming success of the pilot programme, which was based at Bruntwood SciTech’s Innovation Birmingham campus and focused on supporting international tech companies, the 2024 Global Growth Programme will be delivered across a larger network of landing hubs. Five hubs located across Birmingham, Wolverhampton and Coventry create an expanded offering with tailored support for a broader range of sectors, including Health Tech, Clean Tech, Digital Tech and Future Mobility.
During the 2022/23 financial year, the West Midlands achieved record FDI results. The region saw the greatest growth in FDI projects in the UK, surpassing London and outstripping the country’s average by fivefold. Following the recently agreed Deeper Devolution Deal, the region’s drive to attract more FDI into the region will be supported by WMGC’s co-development of an international strategy, along with the UK Government’s Department for Business and Trade. With only 40 places available on the West Midlands Global Growth Programme for 2024, WMGC is now accepting applications. Businesses can find out whether they’re eligible to apply and register their interest here. Neil Rami, Chief Executive at the West Midlands Growth Company (WMGC), said: “To date, our Global Growth Programme has proven a resounding success, helping a number of international companies to kickstart their growth journeys in the West Midlands. The launch of the Global Growth Programme 2024, which is bigger and better than ever before, will enable us to use our best-in-class expertise to support businesses across a wider range of sectors, from new hubs right across the region. We look forward to working with this year’s cohort to help them reach new heights, strengthening the West Midlands’ world-class innovation ecosystem.” Sabarinath C. Nair, CEO at Skillveri, said: “With our target customers spread widely across England and Scotland, it made perfect sense to position ourselves in the West Midlands – right at the heart of the UK. As well as being extremely well connected to other major UK cities by road and rail, Birmingham was a much more cost-competitive option than the likes of London. “Being part of the West Midlands Global Growth Programme gave us a real head-start on our UK growth journey. In particular, having access to free desk space at Innovation Birmingham – where we had dedicated consultancy and networking opportunities on our doorstep – has helped us to hit the ground running and thrive in the region from day one.” Kai-Tse Lin, Co-Founder at Bellwether Industries, said: “The West Midlands’ unique combination of an established manufacturing heritage and world-class strengths in emerging technologies made it the obvious location for us to test and scale our innovative eVTOL solutions. “The best thing about being part of the West Midlands Global Growth Programme was having around-the-clock access to bespoke consultancy, from our base at Bruntwood SciTech’s innovation hub. These conversations enabled us to quickly add value to our business model by identifying partnership and networking opportunities in the local ecosystem. In particular, a key highlight of the Programme was being invited to attend the Future Mobility event at Commonwealth Games business conference, UK House, where we made valuable connections with local universities and key players in the global Clean Tech industry.” Companies can register their interest here.
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