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Tech

New business support programme launched for West Midlands tech firms

Ten start-ups with high-growth potential will be invited to join mentoring scheme

West Midlands Mayor Andy Street (left) and Birmingham Tech chief executive Yiannis Maos

A new business accelerator programme has been launched to boost West Midlands tech start-ups.

Called ‘ScaleUp Accelerator', it will allow ten tech start-ups to get support and mentoring with the aim of helping them grow.

The scheme is being run by not-for-profit body Birmingham Tech, in partnership with West Midlands Combined Authority and consultancy Purpose Led Performance and is targeted at local businesses with high-growth potential.

The free, six-month scheme will start in April and support the ten successful applicants by offering workshops and events alongside advice and mentoring from experts who have previously built up tech and digital companies.

Two of the companies will be chosen to work with the combined authority and experts on tech solutions to tackle the climate change emergency.

Birmingham Tech's chief executive Yiannis Maos said: "We do an amazing job of creating innovative start-ups across our region and we should be proud that, for the seventh year running, data from the Centre for Entrepreneurs shows the West Midlands is the º£½ÇÊÓÆµ's start-up capital outside of London.

"However, with investment in tech companies in the city declining, we need to do a better job of supporting those start-ups to ensure they meet their potential.