Midlands Industrial Association Limited was founded in 1982 by a group of individuals who possessed relevant experience in urban regeneration, industrial and commercial development and local government.

The Association is a registered Friendly Society (Reg. No. 23468) whose declared aims and objectives are to promote employment and fight dereliction through the encouragement of the small firms sector, by providing suitable workspace through the refurbishment of redundant buildings and the reclamation of derelict sites in inner city areas. The Association currently has 7 projects in management, jointly accountable for 270,000 sq.ft. of commercial and industrial floor space and accommodation for small firms, with a rent role of some £1.3m per annum.

The Association believes very strongly that appropriately designed, well presented and sympathetically managed premises are a major contributory factor to the success of newly established and existing small firms. Consequently, great emphasis is placed upon upkeep and maintenance and "hands on" management.

In addition, all tenants are offered easy-in, easy-out monthly licence terms, which cover not only rental charges but also service costs. In some cases, heating, electricity and rates are also included spreading the occupiers property costs dramatically, smoothing cash and at the same time enabling accurate budgeting.