European Commission - Internal Market, Industry, Entrepreneurship and SMEs

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Birmingham's Economic Zones

Title of measure
Full title in national language:
Birmingham's Economic Zones
Duration:
2013 to 2016
Policy objectives Plus
4.3. Fostering start-ups and gazelles
5.1. Cluster development
5.5. Seed and early-stage capital vehicles, business angel networks
Presentation of the measure:

Birmingham’s advantages as a world class city, its central location, connectivity and access to a substantial labour force make it a location of choice for business.

To maximise opportunities for economic growth, Birmingham is targeting those sectors in which it has established that the city has a competitive advantage. Birmigham City council has launched a series of Economic Zones marrying the growth sectors with the city’s spatial opportunities. Located to suit the requirements of the sectors, the six Zones are:

For these Economic Zones a range of measures to attract investment and promote business growth are available. These include:

Budget, source and type of funding
Year
National public funds
Regional public funds
EU Structural funds
Private funds
Other
Form of funding provided
Grants
Other
Policy learning
To what extent the measure can be considered as a success and worthy of policy learning?:
It is too early to judge the success of the measure (e.g results of first call for proposals still not known).
Evidence of outcomes based on evaluation and other evidence:

There were no evaluations found for this measure.

What are the most important “Do’s and Don’ts” that regional stakeholders should be aware of when launching a similar measure?:

There are no do's and don'ts as of yet.

Would you recommend this measure as an example of regional good practice to policy-makers from other regions ?:
No
Organisation(s) responsible
Evaluation report(s)