Tech News Summary:
- The West Midlands’ official investment promotion agency has announced the launch of its Global Growth Program 2024, offering nine months of free market entry support to international businesses looking to establish themselves in the region.
- The program, developed by West Midlands Growth Company (WMGC), aims to attract investment from overseas technology companies by providing access to a range of support services and partnerships with key institutions in the West Midlands.
- The program is designed to address the challenges faced by businesses entering the UK market for the first time and will be rolled out across multiple landing centers, offering tailored support for various sectors. Applications are now open for the limited 40 spots available.
The West Midlands Global Growth Programme 2024 has officially launched, with the aim of accelerating success for businesses in the region. The programme, which is being led by the West Midlands Combined Authority, is designed to support businesses in the West Midlands to grow internationally and take advantage of new trading opportunities.
The programme will provide businesses with expert advice, practical support, and access to a network of international trade experts. It will also offer targeted funding and grants to help businesses expand into new markets and develop their global profile.
Mayor Andy Street, who is leading the programme, said, “The West Midlands has a proud history of being a global trading hub, and we want to build on that legacy by providing businesses with the tools and support they need to succeed in international markets. The Global Growth Programme 2024 is a key part of our vision to accelerate success for businesses in the West Midlands and drive economic growth in the region.”
The launch of the programme has been met with enthusiasm from local businesses, with many expressing excitement about the opportunities it will bring. Helen Smith, CEO of a manufacturing company based in the West Midlands, said, “The Global Growth Programme is exactly what our business needs to take the next step in our international expansion. The support and funding on offer will be invaluable as we look to grow our presence in overseas markets.”
The launch of the West Midlands Global Growth Programme 2024 represents a major milestone in the region’s efforts to support businesses in their international growth ambitions. With the support of the programme, businesses in the West Midlands are well-positioned to accelerate their success and reach new heights in the global market.