Tech Nation hits the road with leading State of the Nation report

Tech Nation, the UK’s leading network for tech entrepreneurs, will this week take its recently launched ‘UK tech on the global stage’ report to ten major cities across the UK in just nine weeks. Sponsored by leading audit, tax and consulting firm RSM, the roadshow will kick-off in Newcastle today (23 May).

The 2019 report, the latest annual state-of-the-nation analysis, revealed that the UK is the fourth in the world for scale-up investment; the total venture capital investment in UK tech topped £6bn, more than any other European country; the UK employs 5% of all high-growth tech workers globally; 35% of Europe and Israel’s’ tech unicorns (£1bn valued businesses) were created in the UK, and; that this country leads the rest of the world in fintech with investment in high-growth tech firms topping £4.5bn between 2015-18.

Tech Nation will use the roadshow to present the findings of the UK’s leading report in the context of each of the cities and regions it visits.

Liz Scott, head of entrepreneur engagement at Tech Nation, comments: ‘The Tech Nation report has been the UK’s leading state of the nation report on tech since 2015. Each year we have monitored the growth of the sector and provided information about the opportunities and challenges. This year it is our pleasure to present UK tech on the global stage. The nation is truly delivering on its tech promise, and fast becoming one of the strongest tech economies in the world. We look forward to sharing our findings with leading tech businesses in each of the cities we visit and discussing what this means at a regional level.’

David Blacher, partner and head of technology and media at RSM, comments: ‘The findings of Tech Nation’s latest report make for some encouraging reading for the UK’s TM sector. Whilst we cannot deny that this sector, like any other, is not impervious to the political and economic headwinds, its growing strength is demonstrating its importance to the future growth of the UK in a global context. It also illustrates that the UK is keeping pace with the government’s ambition, as set out in it’s Industrial Strategy, to become the world’s leading hub for tech by 2030.’

Seminars will take place in Belfast, Birmingham, Bristol, Cambridge, Cardiff, Edinburgh, Leeds, Manchester, Newcastle and Reading.

At each session Tech Nations entrepreneur engagement managers will present an introduction to the report findings and a local deep-dive into the findings and implications specific to the local region. This will then be followed by a panel session made up of local tech business founders, investors, professionals and local authority representatives. This will be followed by a Q&A session and networking.