A £1m competitors for founders within the West Midlands has been launched to find promising new tech start-ups within the area.
The One to Win competitors was launched at London Tech Week by TechWM – a startup assist group for the West Midlands – and a gaggle of stakeholders together with Rigby Group, SCC, Haatch and Future's West Midlands Co-Make investments Fund Planet Capital.
The competitors will settle for purposes from July, with shortlisted candidates successful the chance to current for the grand prize at Birmingham Technic Week in October.
“The One to Win is the fruits of all the things we do to nurture, platform and develop the improbable tech scene right here within the West Midlands,” mentioned TechWM CEO Yiannis Maos.
“All events concerned share the idea that the area is the sleeping big of the know-how panorama, and we've labored extremely laborious to let the world know what it has to supply.”
Steve Rigby, co-CEO of Rigby Group, added: “The West Midlands has all of the qualities to turn into a number one know-how powerhouse.
“We’re immensely happy with our roots and are excited to assist TechWM and their work to place our residence area on the worldwide stage. I strongly consider that One to Win will shine a light-weight on our homegrown know-how expertise and supply game-changing assist to the successful enterprise.”
Additionally at London Tech Week, West Midlands Development Firm, an funding promotion company within the area, launched its UK market entry programme.
This system will present assist to worldwide know-how firms seeking to increase within the West Midlands.
“We sit up for supporting a brand new cohort of firms as we proceed to advertise and strengthen the area's world-class innovation ecosystem,” mentioned Neil Rami, CEO of West Midlands Development Firm.