Five Birmingham tech enterprises will see their innovation exported internationally as winners of a new business competition.
Led by the West Midlands Growth Company in partnership with the Department for International Trade, winners will receive fully funded consultancy about exporting from OCO Global covering areas such as market research, strategy and business development.
The five winners are biomedical innovation company Adapttech, Energym which specialises in tech-led fitness, employee wellness firm Lumien, Complygate which works in candidate screening for employers and cyber security business Metcloud.
They will now work with the programme to expand into new international markets including the US, Canada and Asia.
The West Midlands Global Growth Programme is being delivered as part of the 2022 Commonwealth Games Business and Tourism Programme which is aiming to strengthen ties between the UK and Commonwealth markets.
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Neil Rami, chief executive of the West Midlands Growth Company, said: “Adapttech, Energym, Lumien, Complygate and Metcloud exemplify the many ambitious, leading-edge enterprises that are currently emerging from the West Midlands – the UK’s fastest-growing tech cluster.
“Chosen for their innovation and preparedness to begin exporting, these five winners have been able to capitalise on the region’s hotbed of young talent, wealth of resources and extensive support available for start-ups.
“The Global Growth Programme will now provide these enterprises with the expert consultancy required to develop a successful export strategy as they embark on the next phase of their growth chapter.”
Commonwealth Games Minister Nigel Huddleston added: “By promoting the West Midlands to the world as a fantastic place to live, visit and do business, we are ensuring the Birmingham 2022 Commonwealth Games leaves a lasting legacy beyond the 11 days of sport.
“This innovative scheme will not only boost export capabilities but will also offer exciting opportunities and support for international companies looking to invest in the UK.
“We are delivering on our promise to level up and drive growth across the whole country.”