The West Midlands is the fastest growing tech sector in the UK, a position it has proudly held for the last two years. The region is now home to more than 2,300 startups that have collectively raised more than £850m in venture capital funding since 2020. The UK’s fastest-growing tech hub, home to ‘Silicon Spa’, is now valued at £15.3 billion too, up from £11.5 billion in 2021. The West Midlands could be set to create 52,000 tech jobs and see the sector grow by £2.7 billion, according to new government figures.
To ensure the region realises its potential, a new and exciting role has been created to lead the West Midlands tech sector.