Bruntwood SciTech’s £50m investment boosts Birmingham’s tech sector

Bruntwood SciTech has injected £50 million into Birmingham’s economy over the past year, establishing the city as a strong hub for technology outside of London. This investment has facilitated the arrival of 20 new high-growth businesses in life sciences and technology, along with the expansion of five existing enterprises across key innovation hubs in Birmingham city centre. These hubs include Centre City near New Street Station, Cornerblock in the Colmore Business District, Cornwall Buildings, Mclaren close to the future HS2 station terminus, and Innovation Birmingham, notably at the newly established digital technology hub, Enterprise Wharf.

These strategic locations offer a workspace while connecting businesses to a network of over 70 innovation-led companies, investors, universities, and research institutions. They also provide access to specialist support advisors and services, creating a fertile ground for technological and scientific advancement.

Rob Valentine, regional director for Bruntwood SciTech in Birmingham, commented on the city’s evolving business landscape: “The recent influx of disruptive and innovative businesses into Birmingham is testament to the strength of the city’s talent, infrastructure and business support proposition. Sustained growth in the levels of investment in innovation is feeding a real boom for the city’s most ambitious business leaders, and in turn, is instilling a level of confidence that’s attracting more disruptors to the city.

“What is important is that we continue to nurture this growth and not take it for granted. By creating supportive workspaces and nurturing partnerships, Bruntwood SciTech aims to cultivate an environment where start-ups and established firms can collaborate, innovate and ultimately drive economic growth for the region.”

Among the new arrivals are Bryt Energy and Apprentify, with Bryt Energy opting for Cornerblock due to its sustainability credentials.

Ian Brothwell, managing director at Bryt Energy, expressed his enthusiasm: “At Bryt Energy, we have always believed that acting sustainably is quite simply the right thing to do. That’s why we’re delighted that our move to Cornerblock will provide the next chapter of our story, with a modern and flexible working environment that aligns with our own commitment to sustainability and employee wellbeing. Without our incredible team, we wouldn’t be able to deliver on our purpose, and as we continue to grow, this space will help us towards our sustainability goals, whilst supporting our talented team as we help British businesses towards theirs.”

Image: Bruntwood Scitech