Birmingham and the West Midlands benefit from one of the UK's strongest devolution settlements, giving WMCA real powers to direct grant funding. This guide maps the key opportunities for Birmingham businesses.
Birmingham and the broader West Midlands Combined Authority area have significant economic development infrastructure built around the WMCA's devolution settlement. The Commonwealth Games 2022 legacy programmes, UK Shared Prosperity Fund allocation, and WMCA investment funds together make this one of the most active grant environments outside London.
The West Midlands Combined Authority (WMCA) manages a growing portfolio of business investment programmes. The West Midlands Investment Fund deploys equity and loan capital for growth businesses. Invest West Midlands supports inward investment and local business expansion. The Business Growth West Midlands service provides free grant navigation support and connections to UK Shared Prosperity Fund grants across the region.
The West Midlands has one of the strongest advanced manufacturing and automotive clusters in the UK. The Manufacturing Technology Centre (MTC) in Coventry, High Value Manufacturing Catapult network, and the WMG at the University of Warwick connect businesses to Innovate UK and UKRI collaborative research grants. The Bruntwood SciTech Birmingham campus and Innovation Birmingham Campus support tech startup funding pathways.
Birmingham's financial services, creative, and digital sectors access sector-specific grant programmes. The Creative City programme and Jewellery Quarter development trust support creative businesses with grant funding. Businesses in the food and hospitality sector can access UKSPF-funded business support and the West Midlands Food and Drink Growth Programme.
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