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New Oldham-Based Tech Accelerator To Tackle UK “Poverty Premium”29 June 2017
General
Fair By Design Fund, a partnership between Big Society Capital, the Joseph Rowntree Foundation, Finance Birmingham and Ascension Ventures Wayra Fair By Design will support up to seven tech start-ups a year, based in the new Open Future_ North accelerator in Oldham The programme will support start-ups seeking to tackle the poverty premium – where people from low-income households pay higher prices for many essential goods and services such as energy, insurance, borrowing, transport and food Wayra Fair By Design is backed by a... Read more
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Our fund to unlock stalled housing sites supports plans to build 300 new homes in first year19 June 2017
Property
The £9million Unlocking Stalled Housing Sites Programme approves £3.5million worth of investments across Greater Birmingham in 2016 Our £9million fund is set up to unlock stalled housing sites across Greater Birmingham and has approved £3.5million worth of investments to support the delivery of almost 300 homes in its first year. The Unlocking Stalled Housing Sites Programme launched in 2016 by the Greater Birmingham and Solihull Local Enterprise Partnership (GBSLEP) and managed by Finance Birmingham, is designed to remove... Read more
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Coventry schemes awarded £3.7m loan by West Midlands Combined Authority Collective Investment Fund16 June 2017
Property
The CIF has awarded CDP £2,820,000 towards the acquisition of the landmark former Coventry Evening Telegraph offices in Corporation Street The new West Midlands mayor has welcomed investment by a West Midlands Combined Authority (WMCA) growth fund for two Coventry city centre projects. Andy Street backed the £3.7m loan by the Collective Investment Fund (CIF) to developers Complex Development Projects Ltd (CDP) to secure the acquisition of two key sites in the city centre totalling 8.2 acres for major redevelopment. The CIF has... Read more
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Record year for Finance Birmingham as it invests £82million in growing UK businesses13 June 2017
Update
Firm invests £4m more in 2016 - 21% growth in a year Invested £14m more in 2016 - 21% growth in a year Support has helped almost 600 businesses and created/safeguarded 12,500 jobs since 2010 We are delighted to report that Finance Birmingham has achieved a record year having invested more than £82 million in growing businesses in 2016 - 21% more than the previous year. The results build on our strong performance since launching in 2010; our... Read more
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Global manufacturer Guhring unveils new UK HQ in Birmingham09 June 2017
Sector News
Guhring, a world-leading manufacturer of precision cutting tools, unveiled its new £12million UK headquarters in Birmingham’s Advanced Manufacturing Hub. Marked by an official launch event, which saw 250 attendees, the opening of the new HQ will see Guhring create 50 new jobs and safeguard a further 75. This expands its offering to global clients including BMW, JLR, Ford, Nissan, Airbus & BAE Systems. With ambitious plans to double in size within the firm’s first five years at the Aston-based site, both skilled and entry-level positions will... Read more
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Automechanika – NEC, 6-8 June 201705 June 2017
Event
Finance Birmingham will be showcasing our funds portfolio at this year’s Automechanika event, held at the NEC on 6-8 June Finance Birmingham will be showcasing our funds portfolio at this year’s Automechanika event, held at the NEC on 6-8 June. The 2017 exhibition is going to be 70% bigger than last year with longer opening hours and spanning across 5 halls. Hosted across three days, this event presents an exciting timetable of demonstrations, seminars and workshops from industry leaders within the automotive... Read more
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Fresh look for Finance Birmingham01 June 2017
General
Finance Birmingham’s first major website redesign improves navigation and content accessibility. Finance Birmingham’s first major website redesign improves navigation and content accessibility. We are pleased to announce our new fresh and responsive website. Designed to be more user-friendly, our website has been updated with the latest information about our funds and it’s now much easier to find out information about our flexible investment programmes. Finding access to flexible... Read more
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