Parker added: “You can see it everywhere. Two centuries on from Watt and Boulton’s steam engine, a new generation of trailblazers here is at the forefront of a tech revolution that’s unlocking smarter healthcare, better diagnostics and the transition to cleaner energy.
“My job is to keep that spirit alive by backing their talent and investing in cutting-edge research to turn bold ideas into real-world solutions.”
Mike Wright, independent chair of the West Midlands Innovation Board, said: “The West Midlands has been building a reputation for innovation, including as a finalist in the European Capital of Innovation competition.
“As one of three regions to pilot the Innovation Accelerator model, we used £43m to support over 1,500 businesses and attracted £78m in private investment.”