The UK’s second largest city has more start-ups than anywhere else in the UK outside of London, according to data released by the Centre for Entrepreneurs.
Long considered the UK’s second city and the heart of the West Midlands’ engine, Birmingham is seeing new businesses set up at a furious pace.
According to figures from the Centre of Entrepreneurs, 12,108 businesses were started in Birmingham last year.
The city has recently been invigorated by its new high-profile mayor, businessman and former John Lewis chief executive Andy Street, and the announcement that the city will invite the world to visit in 2022 for the Commonwealth Games.
Tech City UK has released some data that shows a Birmingham that is firing on all cylinders, revealing why the city is such a great place to start or grow a business, particularly in the tech sector.
As of January 2018, Birmingham has 70 active tech meetup groups with over 20,000 members which enables entrepreneurs to network with like-minded people and find people with relevant skills.
The most popular meetup topics are for software engineering, followed by entrepreneurship, web development, and data science and analytics.
With 18 universities within an hour’s drive of Birmingham, the city has ready access to highly-skilled tech and digital graduates.
When you add in other factors such as Birmingham’s great connectivity to other regions, the cost of living, and the region’s young and diverse population, then it becomes clear that the West Midlands has the potential to develop as a global home for tech.
Tech City UK will publish its Tech Nation report in May which will give more insights into Birmingham’s start-up culture and the rate at which high-growth companies are being formed.
From April, Tech City UK will be gradually expanding its activities in regions across the country, including the West Midlands and Birmingham.
Under its new Tech Nation remit, its mission is to connect the most ambitious entrepreneurs across the country so that they can build great digital tech businesses that put this country at the forefront of the global technology sector.