Midlands Engine awarded funding of £6.8m in 2019 to a consortium of over 20 partners who are now working together to enhance workplace wellbeing across the Midlands.
Promising indications from our January 2020 Quarterly Economic Commentary for the Midlands Engine, and the underpinning data, show our region growing GVA in total and per employee, faster than the UK as a whole between 2017-2018.
Building on the Midlands Engine – Science and Technology Department- Memorandum of Understanding, signed in Nottinghamshire by Midlands Engine Chairman, Sir John Peace in September 2019, we have now actively strengthened our connections with China.
Midlands Engine partners know that good data drives good decisions. If we are to better understand, monitor and improve the health of the Midlands economy, having to hand the best available data and evidence is key. We know too that our University partners are critical to achieving this. As part of the work exploring the future role and focus of the Midlands Engine Economic Observatory (MEEO), an initiative led by our partnership, Midlands Innovation Universities, City Redi (University of Birmingham) and Nottingham Trent University brought together academics from across the Midlands to take part in an event to help advance plans to address current and future research needs and opportunities for the Midlands Engine.
Space Park, Leicester, is now under construction – bringing academia and industry together to create an end-to-end satellite design, manufacture and data processing facility. The potential for the local economy and the Midlands Engine is massive, driving growth and creating thousands of jobs.
HS2 must be integrated with Midlands Engine Rail proposals; phase 2b must not short change the East Midlands with downgraded lines and must be constructed from the West Midlands to East Midlands first, and Midlands Connect and partners must have a role in any further review of HS2 Phase Two.
In a bid to reduce the environmental impact of global logistics, researchers at Loughborough University are working with organisations to develop environmentally sustainable, cost-effective and resilient supply chains.
More than 85 private and public sector organisations from across the Midlands will join forces to showcase billions-of-pounds’ worth of investment opportunities, as part of the Midlands UK delegation at MIPIM 2020 (Cannes, 10-13 March).