PRESS-NEWS.org - Press Release Distribution
PRESS RELEASES DISTRIBUTION

University support boosts West Midlands economy by £450 million – For every £1 invested, £22 returned to the local economy

WMG at the University of Warwick has boosted the West Midlands economy by £450 million – with every £1 invested into WMG’s small and medium enterprise (SME) programmes, around £22 has returned to the local economy.

University support boosts West Midlands economy by £450 million –  For every £1 invested, £22 returned to the local economy
2024-04-05
(Press-News.org) WMG at the University of Warwick has boosted the West Midlands economy by £450 million – with every £1 invested into WMG’s small and medium enterprise (SME) programmes, around £22 has returned to the local economy.

Celebrating 20 years of tailored business support, WMG has delivered manufacturing expertise to 15,000 SMEs in the Midlands. It has supported the creation of more than 13,000 jobs, 350 new businesses and 355 internships over the last two decades.

WMG has delivered critical projects to SMEs to help them succeed in digitalisation, business change and product design. A key ongoing project is helping SMEs mange the energy crisis with a specialised toolkit and tailormade roadmaps to help organisations reach Net Zero.

As a High Value Manufacturing Catapult (a government initiative driving manufacturing innovation), WMG is playing a pivotal role in the revival and development of the West Midlands and the wider UK manufacturing base.

Dr Mark Swift, Director of SME Engagement at WMG, University of Warwick, said: "Our work over the last 20 years has shown that targeted, high value support can help SME manufacturers accelerate growth, improve productivity, and create jobs.

"It is vital that we continue to be a guiding force to help businesses implement new technologies, develop their teams, and continue to innovative and prosper. We have an important legacy to protect and continue and I am delighted to lead a team of industry experts working tirelessly to do just this."

Adrian Williams, Managing Director, Pashley Cycles, said: "Working with WMG over the years has given Pashley the opportunity to take advantage of skills, expertise and facilities which we would never otherwise have access to. This is really helping us create robust and reliable, yet lightweight products which we’re confident will give us a competitive advantage in the market.”

 

Peter Davies, Co-Chair of the Manufacturing Assembly Network and CEO of James Lister & Sons, said: "WMG has been an outstanding source of advice, guidance, support and access to funding opportunities for all members of the Manufacturing Assembly Network (MAN).

"The specialist assistance has helped us unlock innovations, bring new services to market, achieve efficiency gains and, in more recent years, accelerate our move towards sustainable manufacturing and taking advantage of the green economy.

"WMG 'gets' manufacturing and what we need and is happy to work with us to achieve an outcome that works for all parties."

 

Founded by the late Professor Lord Kumar Bhattacharyya forty years ago, WMG began offering tailored support to SMEs in the Midlands in 2004.

 

Notes to Editors

 

WMG, University of Warwick

WMG is a world leading research and education group, transforming organisations and driving innovation through a unique combination of collaborative research and development, and pioneering education programmes.

 

As an international role model for successful partnerships between academia and the private and public sectors, WMG develops advancements nationally and globally, in applied science, technology and engineering, to deliver real impact to economic growth, society and the environment.

 

WMG’s education programmes focus on lifelong learning of the brightest talent, from the WMG Academies for Young Engineers, degree apprenticeships, undergraduate and postgraduate, through to professional programmes.

 

An academic department of the University of Warwick, and a centre for the HVM Catapult, WMG was founded by the late Professor Lord Kumar Bhattacharyya in 1980 to help reinvigorate UK manufacturing and improve competitiveness through innovation and skills development.

 

About High Value Manufacturing Catapult (HVMC)

The University is one of seven HVMC centres driving innovation and business transformation for the manufacturing industry.

The HVMC aims are:

Growing manufacturing businesses and the contribution of the manufacturing sector to the UK economy Investigating innovative technologies or scaling-up new products and processes to prove they have achieved manufacturing readiness Working with academic partners to build on research at universities and research establishments in the UK and beyond, and using our expertise to help shape and deliver UK manufacturing policy Working with UK Government and others to develop high quality training provision to meet industry standards Media contact

University of Warwick press office contact:

Annie Slinn 07876876934

Communications Officer | Press & Media Relations | University of Warwick Email: annie.slinn@warwick.ac.uk

 

 

END


[Attachments] See images for this press release:
University support boosts West Midlands economy by £450 million –  For every £1 invested, £22 returned to the local economy University support boosts West Midlands economy by £450 million –  For every £1 invested, £22 returned to the local economy 2

ELSE PRESS RELEASES FROM THIS DATE:

$1.9 million awarded to create device that will reduce death from bleeding

$1.9 million awarded to create device that will reduce death from bleeding
2024-04-05
The Department of Defense awarded a little more than $1.9 million to a multidisciplinary team of researchers at the University of Arkansas and University of Arkansas for Medical Sciences to develop a wearable device that will assist with the early detection and monitoring of internal and external bleeding. The grant comes as part of the Department of Defense’s prestigious Congressionally Directed Medical Research Programs. Hemorrhagic shock is currently the leading cause of preventable death in casualty care settings. Existing methods often fail to detect blood loss until the onset of shock, which can be too late for some patients. This makes early detection and management ...

Renowned St. Jude clinician and researcher to receive coveted award at AACR annual meeting

Renowned St. Jude clinician and researcher to receive coveted award at AACR annual meeting
2024-04-05
Scientists at St. Jude Children’s Research Hospital are preparing to demonstrate their expertise and foster collaborations at the American Association for Cancer Research (AACR) annual meeting. It will be held April 5-10, 2024 in San Diego, California. Each year, members of the cancer research community including scientists, clinicians, healthcare professionals, cancer survivors, patients and advocates attend AACR’s annual meeting. It provides an opportunity for St. Jude researchers to share their research findings ...

Fuelling nerve cell function and plasticity

Fuelling nerve cell function and plasticity
2024-04-05
Nerve cells (neurons) are amongst the most complex cell types in our body. They achieve this complexity during development by extending ramified branches called dendrites and axons and establishing thousands of synapses to form intricate networks. The production of most neurons is confined to embryonic development, yet few brain regions are exceptionally endowed with neurogenesis throughout adulthood. It is unclear how neurons born in these regions successfully mature and remain competitive to exert their functions within a fully formed organ. However, understanding these processes holds great potential for brain repair approaches during disease. A team ...

First cardiac bioimplants for the treatment of patients with myocardial infarction using umbilical cord stem cells

First cardiac bioimplants for the treatment of patients with myocardial infarction using umbilical cord stem cells
2024-04-05
The results of a pioneering study support the safety of the bioimplants called PeriCord, made from stem cells of the umbilical cord and pericardium from a tissue donor, which aid in the regeneration and revascularisation of the affected area. The study has monitored 7 interventions of this pioneering tissue engineering surgery over three years, noting excellent biocompatibility and no rejection in patients. The therapy has been developed by the research group ICREC (Heart Failure and Cardiac Regeneration) at Germans Trias i Pujol Research ...

Drug shortages prior to and during the COVID-19 pandemic

2024-04-05
About The Study: Supply chain issues associated with drug shortages increased at the beginning of the COVID-19 pandemic according to the results of this national cross-sectional study. Ongoing policy work is needed to protect U.S. drug supplies from future shocks and to prioritize clinically valuable drugs at greatest shortage risk.  Authors: Katie J. Suda, Pharm.D., M.S., of the University of Pittsburgh School of Medicine, is the corresponding author.  To access the embargoed study: Visit our For ...

Radiation before mastectomy cuts time delays for reconstructive surgery in breast cancer patients

2024-04-05
Researchers at The University of Texas MD Anderson Cancer Center showed that altering the sequence of breast cancer treatment to administer radiation before mastectomy allowed for concurrent breast reconstruction surgery, which reduced the number of operations required, minimized treatment delays and improved patient satisfaction. The Phase II trial results, published today in JAMA Network Open, evaluated 49 patients who received radiation therapy followed by mastectomy with immediate breast reconstruction. There were no complete flap ...

A deep dive into the genetics of alcohol consumption

A deep dive into the genetics of alcohol consumption
2024-04-05
A research group centered at the University of California San Diego School of Medicine has drilled deep into a dataset of over 3 million individuals compiled by the direct-to-consumer genetics company 23andMe, Inc., and found intriguing connections between genetic factors influencing alcohol consumption and their relationship with other disorders. The study was recently published in the Lancet eBioMedicine. Sandra Sanchez-Roige, Ph.D., corresponding author and associate professor at UC San Diego School of Medicine Department of Psychiatry, explained that the study used genetic data to broadly classify individuals as being European, Latin American ...

CHEOPS detects a ‘‘rainbow’’ on an exoplanet

CHEOPS detects a ‘‘rainbow’’ on an exoplanet
2024-04-05
The CHEOPS space telescope, whose scientific operations centre is based at the University of Geneva (UNIGE), is providing new information on the mysterious exoplanet WASP-76b. This ultra-hot giant is characterised by an asymmetry between the amount of light observed on its eastern terminator - the fictitious line that separates its night side from its day side - and that observed on its western terminator. This peculiarity is thought to be due to a ‘‘glory’’, a luminous phenomenon similar to a rainbow, which occurs if the light from the star - the ‘‘sun’’ around which the ...

UTSA joins consortium to create sustainable aviation hub in San Antonio

UTSA joins consortium to create sustainable aviation hub in San Antonio
2024-04-05
(SAN ANTONIO, TEXAS) — UTSA has signed a memorandum of understanding (MOU) with the U.S. Department of Energy Advanced Research Projects Agency – Energy (ARPA-E), the City of San Antonio, and CPS Energy to develop and promote energy technologies that could potentially decarbonize the aviation sector. The ambitious project will pursue a range of research and development objectives, including sustainable aviation technologies, battery technologies and battery storage solutions, enhanced electric vehicle charging technologies and power-related technologies. The MOU will position San Antonio as an innovation center for these new energy solutions, accelerating their development ...

Kerr-enhanced optical spring for next-generation gravitational wave detectors

Kerr-enhanced optical spring for next-generation gravitational wave detectors
2024-04-05
The detection of gravitational waves stands as one of the most significant achievements in modern physics. In 2017, gravitational waves from the merger of a binary neutron star were detected for the first time which uncovered crucial information about our universe, from the origin of short gamma-ray bursts to the formation of heavy elements. However, detecting gravitational waves emerging from post-merger remnants has remained elusive due to their frequency range lying outside the range of modern gravitational wave detectors (GWDs). ...

LAST 30 PRESS RELEASES:

Ocean temperatures reached another record high in 2025

Dynamically reconfigurable topological routing in nonlinear photonic systems

Crystallographic engineering enables fast low‑temperature ion transport of TiNb2O7 for cold‑region lithium‑ion batteries

Ultrafast sulfur redox dynamics enabled by a PPy@N‑TiO2 Z‑scheme heterojunction photoelectrode for photo‑assisted lithium–sulfur batteries

Optimized biochar use could cut China’s cropland nitrous oxide emissions by up to half

Neural progesterone receptors link ovulation and sexual receptivity in medaka

A new Japanese study investigates how tariff policies influence long-run economic growth

Mental trauma succeeds 1 in 7 dog related injuries, claims data suggest

Breastfeeding may lower mums’ later life depression/anxiety risks for up to 10 years after pregnancy

Study finds more than a quarter of adults worldwide could benefit from GLP-1 medications for weight loss

Hobbies don’t just improve personal lives, they can boost workplace creativity too

Study shows federal safety metric inappropriately penalizes hospitals for lifesaving stroke procedures

Improving sleep isn’t enough: researchers highlight daytime function as key to assessing insomnia treatments

Rice Brain Institute awards first seed grants to jump-start collaborative brain health research

Personalizing cancer treatments significantly improve outcome success

UW researchers analyzed which anthologized writers and books get checked out the most from Seattle Public Library

Study finds food waste compost less effective than potting mix alone

UCLA receives $7.3 million for wide-ranging cannabis research

Why this little-known birth control option deserves more attention

Johns Hopkins-led team creates first map of nerve circuitry in bone, identifies key signals for bone repair

UC Irvine astronomers spot largest known stream of super-heated gas in the universe

Research shows how immune system reacts to pig kidney transplants in living patients

Dark stars could help solve three pressing puzzles of the high-redshift universe

Manganese gets its moment as a potential fuel cell catalyst

“Gifted word learner” dogs can pick up new words by overhearing their owners’ talk

More data, more sharing can help avoid misinterpreting “smoking gun” signals in topological physics

An illegal fentanyl supply shock may have contributed to a dramatic decline in deaths

Some dogs can learn new words by eavesdropping on their owners

Scientists trace facial gestures back to their source. before a smile appears, the brain has already decided

Is “Smoking Gun” evidence enough to prove scientific discovery?

[Press-News.org] University support boosts West Midlands economy by £450 million – For every £1 invested, £22 returned to the local economy
WMG at the University of Warwick has boosted the West Midlands economy by £450 million – with every £1 invested into WMG’s small and medium enterprise (SME) programmes, around £22 has returned to the local economy.