Bruntwood SciTech’s £50m investment brings tech and life sciences growth
Property provider Bruntwood SciTech has invested £50m in Birmingham over the past year, bringing 20 new tech and life science businesses to the city’s key innovation hubs, including Centre City, Cornerblock, and Innovation Birmingham.
Key new arrivals to Bruntwood SciTech’s innovation hubs include Bryt Energy and digital training platform Apprentify, both choosing Birmingham for its supportive ecosystem.
Infrastructure improvements, such as the £4.5m redevelopment of Centre City, are helping meet the growing demand for tech-focused workspaces.
The city’s life sciences sector is also growing, with partnerships between local universities and healthcare providers driving progress in medtech.
The Birmingham Health Innovation Campus (BHIC) is set to play a key role in supporting healthcare and medical technology startups.
Birmingham’s business support networks, including accelerator programs and connections with local investors, are also providing resources for startups.
Rob Valentine, regional director for Bruntwood SciTech in Birmingham, said: “The recent influx of disruptive and innovative businesses into Birmingham is testament to the strength of the city’s talent, infrastructure and business support proposition. Sustained growth in the levels of investment in innovation is feeding a real boom for the city’s most ambitious business leaders, and in turn, is instilling a level of confidence that’s attracting more disruptors to the city.
“What is important is that we continue to nurture this growth and not take it for granted. By creating supportive workspaces and nurturing partnerships, Bruntwood SciTech aims to cultivate an environment where startups and established firms can collaborate, innovate and ultimately drive economic growth for the region.
“Our recent workspace and amenities upgrades and the addition of 20 new businesses into our community not only highlight Birmingham’s appeal as a thriving hub for tech and innovation but also reinforces our belief in the city’s potential to lead in the digital economy.”