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West Midlands businesses boost profits with a little help from the virtual world
Use of the innovative technology on offer at the University of Birmingham and the Manufacturing Technology Centre in Coventry, will help businesses save time and money with costly repeat experiments which normally go hand in hand with testing new ideas.
The new project called CASiM2 is supported by £2.6 million from the European Regional Development Fund, which is managed by the Department for Communities and Local Government and matched through funding and staff skills by the University of Birmingham, the Manufacturing Technology Centre, Airbus and Rolls-Royce.
Communities Minister Baroness Hanham CBE said: “In order for businesses to survive and thrive new ways of working that save time and money but still gain the results is key. This project offers businesses an exciting opportunity to try out and explore the innovative technology by putting their new products and ideas to the test in a cost effective, reliable and safe environment. I am pleased that we are able to provide support to a project that will be really beneficial to the future development of businesses in the West Midlands.”
The project will firstly help to raise awareness of the new technology on offer and the benefits it can bring to a business, followed by a demonstration of its capabilities
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