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13 Nov

Invitation to Tender: ScaleUp360 Programme Workshops and Business Advice

A procurement opportunity has arisen for a bank of high growth business support specialists to supply 1-2-1 business advice and workshops to businesses and entrepreneurs in the Sheffield City Region (SCR).

11 Nov

Flood Support from Nottinghamshire County Council and Derbyshire County Council

Derbyshire and Nottinghamshire County Council have announced their support for residents and businesses affected by recent flooding. Both councils are offering emergency payments of up to £300 for small businesses who have been affected by the floods.

30 Oct

Workshops at flagship iHub Innovation Centre achieve full occupancy

The £12m iHub innovation centre on Infinity Park in Derby has scored another success after its state-of-the-art hybrid workshop achieved 100% occupancy.

Automotive sector in the Midlands drives economic growth and thousands of jobs following 58 foreign

Figures released today by automotive inward investment body Drive Midlands show that the region’s automotive sector secured 58 new foreign direct investments during 2016/17, a 10% increase on the previous year. These new projects, which involved investors from the US, India and China, helped to generate almost 3,000 new jobs across the Midlands.

Drive Midlands

The announcement comes ahead of D2N2 LEP’s presence at the UK’s largest automotive trade show Automechanika this week with Drive Midlands, where it will work alongside leading organisations and partners to build relationships and promote the region’s offer to potential investors. This year’s event will feature 800 aftermarket and supply chain exhibitors, set to showcase the latest products and automotive technology.

These latest FDI results reaffirm that the automotive industry in the Midlands remains open for business following the UK’s decision to leave the EU, continuing to attract international investment and driving job creation. In 2017, the Midlands was recognised alongside countries including Poland and Turkey as a top global destination for automotive foreign direct investment by FDI Intelligence - owing to its clusters of automotive research, engineering and manufacturing excellence. The Midlands currently accounts for 50% of the UK’s automotive activity, including being home to seven high-volume car manufacturers, seven commercial vehicle producers and 16 of the top 20 automotive suppliers.

David Shepherd, Senior Business Development Manager (Automotive) at the West Midlands Growth Company, which oversees the Drive Midlands initiative, said: “The fact that the Midlands continues to attract foreign investors is proof of its resilience and ability to deliver a ‘business as usual’ perspective. As we wait for the Brexit situation to unfold, automotive businesses from OEMs right through to large manufacturers are pulling together to make sure this region remains a safe and attractive bet for investors. The pipeline continues and we’re hoping that our presence at Automechanika this week provides the perfect platform to discuss the issues, challenges and opportunities faced, and ultimately secure more interest.”

Drive Midlands will be showcasing the region’s automotive excellence, together with a range of partners, on stand 6D70 at Automechanika at the NEC Birmingham on 6-8 June 2017.
For more information visit www.drivemidlands.co.uk or call 0121 202 5115.


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