OUR PROFTECH ECOSYSTEM: PROPTECH
Our PropTech ecosystem brings together innovators from real estate, housing, and urban development to explore how emerging technologies can drive smarter, greener, and more inclusive places.
A GROWING OPPORTUNITY
West Midlands' PropTech sector is experiencing remarkable growth, positioning the region as a significant hub for property technology innovation. With a 540% increase in PropTech startups and scale-ups over the past three years, the region is attracting substantial investment and fostering a collaborative ecosystem.
LATEST PROPTECH NEWS
Reforming Home Buying: Real Momentum, Real Opportunity
Home Buying and Selling Reform
The UK government’s new consultation on home buying and selling reformwhich welcomes contributions up until 29December, signals a defining moment for the property sector. With industry, innovators, and policymakers finally aligned, the opportunity for real change has never been greater. Here’s why this matters, and how the West Midlands is already leading the charge.
Nationwide Innovation Call Launches to Bridge the UK’s Financial Advice Gap
A coalition of leading financial institutions including PWC, NatWest, Barclays, Standard Life, M&G, Lloyds Banking Group, Dudley Building Society and BNP Paribas Personal Finance have joined forces to launch a UK-wide innovation challenge to explore how technology can reshape consumer access to financial support at the critical advice-guidance boundary.
Aston University and SuperTech WM announce strategic partnership to strengthen the region’s innovation-led economy. The collaboration will help accelerate growth in the Business, Professional and Financial Services (BPFS) sector. Aston University will contribute research, skills and thought leadership in areas such as AI.
Why the Legal Sector’s AI Future Depends on People, Not Just Tech. The latest thought leadership write up from SuperTech’s WM LawTech Forum with guest, Oxford Brookes University.
We’ve reached a point where generative AI tools are ready to reshape legal practice. Yet for many law firms, the real challenge isn’t figuring out what AI can do — it’s deciding whether to rely on it.
Packed house at our recent BPFS event.
The event marked a milestone for the region, as the Business, Professional and Financial Services (BPFS) sector has been confirmed as a core growth sector in both the recently-published national and soon-to-be-announced Local Growth Plan.
We believe that SuperTech WM is the first cluster organisation in England to achieve Bronze Award status within the European Cluster Management Excellence accreditation scheme from the European Secretariat for Cluster Analysis (ESCA) - fantastic recognition for how we have supported our ecosystem and our innovative ambitions for the future.
EVENTS
Following the announcement of our PropTech Growth Partnership with the Ministry of Housing, Communities and Local Government’s Digital Planning Programme, the UKPA are delivering regional roadshow event bringing together local authorities, property developers/investors, and PropTech companies
This year’s conference will unpack shifting client expectations, examine whether UK and EU sustainable finance frameworks are achieving their intended impact, and spotlight the innovation needed to keep sustainability strategies resilient and effective. Expect a full day of insight, discussion and high-impact networking with leaders across investment, sustainability, policy and legal sectors.
CASE STUDIES
Furbnow has now become the leading home decarbonisation platform in the UK, winning key large-scale contracts across local authorities.
We caught up with Co-Founder and CEO Becky Lane to find out what is next for the company.
Propfest Connect, a SuperTech event that took place in June 2024, looked at opportunities and challenges for collaborative data within the property industry, bringing over 60 delegates together for informed discussions.
In our latest ProfTech case study, we speak to geospatial expert Dave Fox to discuss how advances in space age technology and the 2008 global recession had a deep impact on Coleshill-based Geospatial Insight Ltd.
CrowdProperty is a West Midlands based business who, in the space of seven years, have become one of the world’s most successful PropTech and FinTech businesses, with the region being key to their phenomenal growth.
Nimbus® Maps is a West Midlands based PropTech whose phenomenal growth has led to their services now being used by more than 10,000 property investors, developers & professionals across the UK.
HOW TO GET INVOLVED
USEFUL LINKS
GSLEP
West Midlands Growth Hubs for sector-specific business support, skills support and access to finance.
West Midlands Innovation Alliance
West Midlands Innovation Alliance for science and technology based innovation.
Birmingham Tech
Birmingham Tech for knowledge, insight and support for tech organisations across Birmingham and the West Midlands.