University 'enhances business support' with new funding package

A new support package has been unveiled to support companies’ growth plans.

Birmingham City University (BCU) has received £775,000 to help firs upskill staff, protype ideas, collaborate with researchers and access technology and equipment. 

Heike Schuster-James, BCU’s head of partnership development in engagement, enterprise and innovation, said: “We’re thrilled to have already supported more than 300 businesses and professionals to develop their skills and adopt new technology through dedicated workshops and training sessions.

“Thanks to this additional funding, BCU will be able to enhance its business support to help local SMEs accelerate their growth and become even more competitive. 

“The funding will also create opportunities for BCU researchers to solve real-world business problems through industry partnerships and drive economic growth in the region.”  

In 2023, a £60 million Regional Innovation Fund was launched to help UK universities cultivate research and development initiatives. 

UKRI’s Research England has since distributed £48.8 million of that money across 110 universities in England.  

BCU used its funding to aid local business by investing in three key areas: STEAMhouse, Centre for Future Homes and SuperTech WM. 

BCU’s STEAMhouse is an award-winning innovation centre that empowers local organisations to develop ideas, skills and knowledge, by providing the latest technology, kit and equipment, skills development, space hire, consultancy service and events.

RIF funding enabled 42 SMEs and 30 professionals to access free support to make their ideas a reality.   

The Centre for Future Homes works with organisations to build social and private housing that meets Government objectives on ‘operational carbon’.

The funding enabled the centre to share its insights with more than 1500 homebuilding professionals and industry partners. 

SuperTech WM is a cluster organisation committed to establishing the region as a leader in professional services tech by driving innovation and collaboration.

BCU academics have collaborated with SuperTech WM to launch its Technology Roadmap – an actionable plan underpinned by data that will increase economic growth and generate jobs. 

Heike adds: “By connecting our researchers with local innovators and regional universities, we’re one step closer to realising our shared goal – boosting business in Birmingham.”

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