Enterprising success for Birmingham

Enterprising success for Birmingham

Birmingham has been named the ‘most enterprising place in Britain’ by the 2016 Enterprisng Britain Awards.

The awards celebrate local initiatives which back business and growth in the areas, with two of the winners going on to compete in a Europe-wide enterprise competition.

The wining project saw Birmingham City Council team up with 6 Local Enterprise Partnerships (LEPs) to improve confidence, encourage investment, and attract and retain business talent.

It supported 1,000 businesses helping to generate £87m in private sector investment and create or safeguard 4,300 jobs.

Companies to benefit from the project include Westfield Sports Cars which accelerated production of a new prototype vehicle and Induction Technology Group which invested in new manufacturing equipment, leading to an increase in global sales.

Small Business Minister Margot James said:

“We have 900,000 more small businesses than in 2010 and they have an important role to play in building an economy that works for all. It’s great to see the support available for business owners making a real difference and driving entrepreneurial spirit across the UK.

“These awards recognise the value of local support and show what can be achieved when people who know their community best make their own decisions. Congratulations to all 4 winners.”

The awards are run by Investment in Young People (IiYP), on behalf of the Department for Business, Energy and Industrial Strategy, the Enterprising Britain awards.

Liverpool John Moores University, the Borough of Broxbourne Council and Kent International Business also won awards for building enterprise skills, promoting entrepreneurial spirit and supporting exports, respectively.

Birmingham City Council and Liverpool John Moores University will now go forward as the UK entries to the European Enterprise Promotion Awards.

Neville Reyner CBE DL Hon DLitt, chairman investment in Young People (IiYP) said: “Competing against strong entries from across the UK, this year’s Enterprising Britain Award winners are great local initiatives which are really helping entrepreneurs build businesses to drive local economies, create jobs and encourage enterprise.

“We wish Birmingham City Council and Liverpool John Moores University the best of luck in the European Enterprise Promotion Awards.”

 

 

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