Innovation Birmingham held a milestone event for 150 people Wednesday 1st July to celebrate the 100th tech start-up to enrol onto the Entrepreneurs for the Future programme.
Part-funded by the European Regional Development Fund and Innovation Birmingham, the flagship project, which was launched in November 2009, has seen its tech start-ups secure over £4 million in initial funding rounds. 170 skilled jobs have been created as a result.
The focus of the event was presentations from the Entrepreneurs for the Future alumni and current cohort of start-ups going through the six month incubation process. The programme, which is about providing a supportive environment for tech start-ups to grow and develop their businesses, includes dedicated one-to-one mentoring with an assigned Entrepreneur in Residence. Other aspects of the offer include a variety of events and workshops delivered by leading Birmingham professionals to aid commerciality, access to finance, free co-working space, meeting rooms, telephone and wifi. The total package has a monetary value of £10,000, but is free for qualifying innovative tech start-ups.
Nick Holzherr, serial entrepreneur and CEO of Whisk.com said: “I was the first to enrol onto the Entrepreneurs for the Future programme, with a tech business that continues to run today. Had it not been for the support I received, I think I may have left Birmingham and opted for a career in banking.
“Having been running Whisk.com from a building next to the Entrepreneurs for the Future centre for over two years, I’m grateful for everything I learnt while on the programme. Birmingham has been brilliant for us – we’ve been able to afford and attract a technically highly skilled team to build a product that we’re offering to markets around the world.”
To read the full press release visit the Innovation Birmingham Campus news page