Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent steps he has taken to help businesses to create more highly skilled jobs in (a) Solihull and (b) the West Midlands.
The Industrial Strategy is our long-term plan to boost productivity by backing businesses to create high-quality, well paid jobs throughout the United Kingdom, with investment in skills, industries and infrastructure. The Government is supporting businesses in Solihull and the West Midlands through the Industrial Strategy Challenge Fund, which brings together world-class UK research with business investment to develop the technologies that will transform existing industries and create entirely new ones. We have to date allocated £298,603,876 of ISCF grant funding to projects in the West Midlands and £14,409 for Solihull.
Government has been working alongside the West Midlands Combined Authority, Local Enterprise Partnerships and local businesses to develop the West Midlands Local Industrial Strategy. This sets out an ambitious long term vision for the region to increase its productivity, build on its sectors at the heart of the region like automotive and life sciences, and create new opportunities for people and businesses in emerging sectors and industries.
The government have also helped businesses through the British Business Bank’s Start Up Loans programme. Since its launch in 2012, the programme has delivered 58 loans, totalling £489,951 for businesses in Solihull.
We have also established a network of Catapult Centres to commercialise new and emerging technologies. In the West Midlands, this includes the High Value Manufacturing Catapult which has two centres in Coventry, and the Energy Systems Catapult in Birmingham. These catapults will help businesses in these areas, and across the UK, to do cutting-edge R&D and train apprentices and doctoral students in high-demand technical skills.
Further examples of action across Greater Birmingham and Solihull:
Further examples of action across the West Midlands: