Marches eco-tech sector thriving, says survey
More than 65 per cent of environmental technology businesses in the Marches have experienced growth in the last year, new research has revealed.
A report on the Marches Environmental Technologies Network (Metnet) said more than 40 companies have accessed information on finance for expansion since May 2010.
Funded by European Regional Development Funding, Advantage West Midlands and local councils, the network was established in April 2010 to provide support for environmental technology companies. It also helps businesses looking to diversify into the sector.
Project manager at Metnet, Patricia Head, said: "This report demonstrates that not only are we on track to achieve the objectives of the project, which includes engaging with these growing companies and assisting them in any way we can, but also that we are genuinely making a difference.
"Companies are attributing contract wins and financial grant support success to our services which include events, seminars, email bulletins and a website where these companies can learn more about what assistance is available to them and how they can access it."
