Tech market entry programme launched to boost global growth plans
The West Midlands Growth Company (WMGC) will launch its UK market entry programme at London Tech Week from June 10th to 14th.
WMGC will unveil the West Midlands Global Growth Programme, a nine-month support package for international tech companies.
The 2024 Global Growth Programme builds on the pilot programme’s success, which supported 35 international tech companies at Bruntwood SciTech’s Innovation Birmingham campus to create over 500 new jobs. It will now offer sponsored workspaces at six Innovation Hubs across Birmingham, Wolverhampton, and Coventry.
It also includes 20 specialist support packages in Health Tech, Clean Tech, Digital Tech, and Future Mobility. The programme aims to help international businesses by providing market entry assistance, visa support, and residential accommodation.
The Breakfast Reception will feature industry experts discussing why the West Midlands is attractive to tech firms. Attendees will hear from companies like Agilyx Group, which expanded into Birmingham through the programme.
The Global Growth Programme now includes the DIATOMIC International CleanTech hub, developed with Innovate UK and Connected Places Catapult. This initiative leverages the West Midlands’ strengths in digital, low-carbon, and future mobility technologies. Key assets in the region include the Birmingham Energy Innovation Centre and the National Brownfield Institute.
Neil Rami, chief executive at the West Midlands Growth Company (WMGC), said: “As one of the biggest events on the global tech calendar, London Tech Week is the perfect platform to launch our 2024 Global Growth Programme, designed to streamline the UK investment process for innovative international companies, such as Agilyx. Following on from the resounding success of our pilot programme – which has contributed to the West Midlands’ record-high FDI figures – we’re looking forward to supporting a whole new cohort of companies, as we continue to promote and strengthen the region’s world-class innovation ecosystem.”
Harpal Mattu, EMEA managing director at Agilyx Group, said: “Being part of the West Midlands Global Growth Programme has been invaluable, enabling us to make the most of Birmingham’s collaborative business ecosystem from day one. From free desk space to brilliant networking opportunities, such as an invitation to a special Trade and Investment Dinner with the British and Australian High Commissioners, the support we’ve received has enabled us to fast-track our expansion plans in the region. With a global headcount of 130, we grew our team at our Innovation Birmingham HQ substantially as a result of the Global Growth Programme with further positions being created before the end of this year.”
