The West Midlands Growth Company (WMGC) helps the region make its mark nationally and internationally. We act as the region’s official Investment Promotion Agency (IPA) by offering complementary services to help companies to establish their operations in the region with ease.
With links to property agents, recruitment consultants, public agencies and universities, the WMGC helps businesses establish their operations in the region with ease. Whether the task is finding the right location, helping to source staff, or connecting with leading academic and research institutions, our team is dedicated to helping new businesses settle and grow in the West Midlands, with a complimentary service.
As the UK’s innovation heartland, it brings together three major cities, leading universities and a young, vibrant population. A relocation hotspot whether companies are looking to make their homes in Birmingham, Coventry, Wolverhampton or one of the surrounding towns.
The West Midlands offers city centre lifestyles for health technology companies that want the full development cycle from early-stage research and validation to clinical development to manufacturing, production and launch all within short walking or commutable distances.
At the heart of health innovation, offering companies opportunities to grow in Digital Health, Diagnostics, Devices and Data.
Bringing together unrivalled multi-disciplinary expertise and leading centres of excellence to accelerate new technologies to market rapidly and additionally, provide unrivalled access to supply chain, prototyping and manufacturing support.
A market and clinical trials test bed
With a stable and diverse population of over 6 million people with high unmet medical need providing an opportunity for high quality clinical research. The region is host to the UKs first multi-city 5G test bed providing unique opportunities to test innovative health technologies.
State of the art facilities incubators and accelerators connected into clinical academic and industry ecosystem that can accelerate and de-risk innovation.
Access to talent
With six universities, nationally and internationally renowned hospitals and a strong & innovative cluster of over 600 companies, the region provides access to talent with all the diverse and specialist skills required in the sector.
A strong industry cluster
The West Midlands is home to the 4th largest cluster of medical technology, service and supply companies in the UK presenting an opportunity to grow in this industrial sector. The West Midlands is home to a thriving life science sector with a diverse spread of start-ups, scale-ups and established businesses. Great opportunities to network with like-minded people through industry associations and sector events.
Reduce costs, reduce risk
Salary and operating costs lower than key European clusters such as Germany, France and Belgium combined with a collaborative ecosystem that reduces risk (Source: fDi Benchmark from the Financial Times Ltd 2020).
Access to funding
The UK funding programmes are flexible, available and targeted. The region's cluster and academic institution are open to work collaboratively to boost chances to access national funding opportunities from Innovate UK and SBRI. Regional funding such as Midlands Engine Investment Fund and Business Growth Programme 2 enable SMEs to grow their business and invest in skills development.
Well served with road, rail and air links (passenger and cargo) the region provides an ideal central location to service and supply customers in all parts of the UK and internationally.
Whether the task is finding the right location, reaching out to local health and life sciences networks, or connecting with leading academic and research institutions, our team is dedicated to helping new businesses settle and grow in the West Midlands.