Tag Archives: Economic Development Vehicle

Restructuring the West Midlands Growth Company: Reform or Rebrand?

The West Midlands Growth Company (WMGC) is being restructured into a new Economic Development Vehicle (EDV) by 2026 to focus on investment and strategic delivery. While WMGC claims credit for attracting big business, many local startups, mine included, received no meaningful support. The restructuring is a chance to fix that, but only if the new EDV backs early-stage innovators with funding access, partnerships, and scale-up support. Otherwise, it’s just a rebrand, not reform.

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