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Tech

Fresh funding round to help West Midlands tech companies launch

Money will be used over the coming year to support 20 business ideas get off the ground

(Image: Gorodenkoff - stock.adobe.com)

Twenty tech businesses across the West Midlands are set to share in almost £500,000 in new funding to help them launch.

SuperTech, the West Midlands professional and business services technology partnership, has secured £480,000 from the Government's £220 million º£½ÇÊÓÆµ Community Renewal Fund.

The successful bid will see 20 new businesses over the coming year using so-called no-code technology and at no cost to the founders through a ‘pre-accelerator' programme.

It is open to entrepreneurs within the West Midlands Combined Authority area.

No-code is a development platform which allows programmers and non-programmers to create software through new routes instead of traditional computer programming.

Last June, five new businesses were developed via a programme jointly funded by the Greater Birmingham and Solihull Local Enterprise Partnership and delivery partner Million Labs.

SuperTech's executive lead Hilary-Smyth-Allen said: "Too many good ideas don't progress because the costs, risks and speed to market of traditional technology builds make the barriers too high.