Investment in technology and machinery will be examined this week in the second part of the Greater Birmingham Chambers of Commerce (GBCC) Invest to Grow campaign.
The campaign, launched last week, aims to inspire and inform businesses around investment in innovation, research and development (R&D), technology and machinery and how it can help boost productivity.
The two-part campaign includes a series of case studies, expert opinions, briefing information and research on innovation and R&D.
Part 2, launching today, explores investment in technology and machinery. It will examine topics such as making the move to digital, investing in automation and the emerging technologies that businesses need to be aware of. It is sponsored by MCS Corporate.
Ten organisations will be contributing case studies and comment pieces including; Fracino, SUEZ Recycling & Recovery UK, RSM and the GBS LEP Growth Hub.
Alongside this, the GBCC have published guidance on the support available for businesses looking to invest in this space and recommendations for stakeholders and businesses on overcoming barriers to investment.
Readers are encouraged to join the conversation on social media using #I2G18.
Henrietta Brealey (pictured), director of policy and strategic relationships at the GBCC, said: “British businesses are leaders in their field in many respects. However, there is one area where research shows we lag behind – the adoption of the latest technologies.
“The local businesses we are featuring in this campaign have already taken great strides to embrace investment in technology and machinery. While every business is different, we hope their example can demonstrate what’s possible while the expert comment pieces and information on business support available through this campaign provide the information businesses need to get started on their own journeys.
“We also recognise that businesses face very real barriers to investment. We will be exploring these, and making recommendations for stakeholders, later in this campaign.”
Rebecca Warwick, consultant, MCS Corporate said: “We are very excited to be part of this campaign to help boost the region. Growth in R&D is critical to sustained competitiveness in a global economy, particularly with Brexit looming, and this campaign is designed to drive awareness of what is effectively the government underwriting elements of R&D risk for companies.”
You can find out more about the GBCC’s Invest to Grow campaign here.