Levelling up the West Midlands
28 September 2021
The West Midlands is home to the University of Birmingham and the University of Warwick. Between 2014 and 2020, almost 4,300 new jobs were created by spinouts linked to Russell Group universities in the west midlands. Those 1,288 active companies had a combined turnover of £249m and brought £209m of investment to the region.
In addition to the high value jobs created by their business spin-out activities, Russell Group universities in the West Midlands currently employ around 16,000 staff, an increase of 20.9% over the last 5 years.
How universities are helping in the region
University of Birmingham - building a greener Birmingham
The University of Birmingham has invested more than £3 million in a new facility to help develop new cleaner, greener energy technologies.
University of Warwick – developing green carbon fibre to help the environment and open new global markets
Researchers at the University of Warwick have helped to develop new recycled carbon fibre that is more business friendly. Thanks to their work annual sales of the recycled product grew from £300,000 to £2million in two years and delivered huge ecological benefits.
Explore how our universities are contributing to other regions around the UK.
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Hamir Patel
hamir.patel@russellgroup.ac.uk
020 3816 1316
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Adam Clarke
adam.clarke@russellgroup.ac.uk
020 3816 1302