A new generation of technology entrepreneurs will be able to access more than £200,000 in support funding via a new initiative being run by Innovation Birmingham.
The body, based at Birmingham Science Park Aston, has been awarded £230,000 by the European Regional Development Fund (ERDF) to deliver a coaching and mentoring programme aimed at accelerating the growth of tech companies.
Called 'e4f Inspire', it will work with firm based at the Innovation Birmingham Campus which have been established for more than a year.
A series of events has also been designed to inspire company growth and these will be open to over 100 leaders of businesses located in Greater Birmingham.
Other activities to be run throughout the 15-month programme include a series of workshops, dinners, off-site visits, funded internship/apprenticeship placements and peer group sessions.
To coincide with the launch of this new initiative, Innovation Birmingham is extending the duration that tech start-ups can stay on its Entrepreneurs for the Future (e4f) incubation programme, from six to nine months.
Innovation Birmingham chief executive Dr David Hardman said: "The e4f Inspire programme will provide tech companies in the early years of growth with the type of specialist coaching that CEOs of the biggest organisations can normally only benefit from.
"CEOs of small tech companies can easily fall into the trap of being far too engrossed in day-to-day client work, or tech development activities, and putting a management team in place is easier said than done with the knife-edge finances of a growing business.
"However, putting aside time each month to challenge the status quo and work on achieving the next stage of growth - alongside peers from the same sector - is a model that has proven results."