A Guide to Business in Birmingham A Guide to Business in Birmingham | Page 9
A guide to business in Birmingham
Information technology and media
Birmingham has a growing IT and creative media sector, accounting
for £2bn GVA (Gross Value Added) (2), the second largest growth
of all cities in the UK.
The region is widely renowned for being a ‘hotspot’ for digital and e-commerce businesses,
with over 1,000 businesses contributing over £18m to the local economy (7).
A £25m Digital Media Academy is a hub of regional knowledge and innovation, supporting
leading players in the region including BBC, Codemasters, Blitz, Sega and CentreSoft.
Demand for commercial office space from the Telecoms, Media and Technology sector is
growing quickly and is said to have accounted for 12% of leasing activity in Birmingham in 2012
(compared to 5% over the last five years) (3).
Birmingham Science Park, located on a site adjacent to Aston University and the Eastside
area, is a particular hub for technology firms, with other clusters at Fazeley Studios, the
Custard Factory and the Jewellery Quarter.
This graph shows the popular business sectors in Birmingham.
Source: payscale.com/research/UK/City%3DBirmingham/Tallies
Commercial Property – Industrial Units, Office Space to Rent
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