‘We Are Open For Business,’ Says UK By Announcing New Award To Attract Top Tech Talent Globally – News18

The UK appears to be gearing as much as transfer on from Brexit, pandemic and the on-going Russia-Ukraine battle and eventually concentrate on its tech enterprise technique to spice up its financial system. On the sidelines of the UK’s largest tech convention – London Tech Week – Business & Trade Secretary, Kemi Badenoch, addressed delegates, tech corporations and traders on the Banqueting House in London to announce that ‘UK is open for business’.

At London Tech Week 2023, the UK invited the most important ever Asia Pacific delegation, together with funding funds value £100 billion.

WATCH VIDEO: UK Wants To Be The ‘Unicorn Kingdom’

“Ladies and Gentlemen, we are open for business. And that’s why I’m excited to announce the launch of our new global tech awards, promoting the benefits of the UK ecosystem around the world,” mentioned Business & Trade Secretary, Kemi Badenoch.

The UK’s authorities is actively selling itself to world tech companies as “Unicorn Kingdom”.

The new award is an growth of the Tech Rocketship Awards and is named ‘Unicorn Kingdom: Pathfinder Awards 2023’. The UK authorities hopes to establish the “brightest and best tech companies around the world.” The winners can be flown to the UK and given assist to assist them speed up their enterprise progress.

“And while I’m talking about growth, I’m sure you are all aware that it was just a few weeks ago that we agreed our accession to the CPTPP – the UK’s biggest trade agreement since we left the EU – which promises huge potential for the UK economy. Such trade deals are often framed as being all about tariffs and the trading of physical goods, but they’re about much more,” mentioned Badenoch.

The authorities is seeking to cement additional its relationship between the tech sectors of the UK and APAC. “For this reason, it is my great pleasure to say that the APAC Digital Trade Network, which seeks to raise the profile and accelerate the expansion of UK technology in Asia will expand its coverage to two new markets – Vietnam and Taiwan,” added Badenoch.

She additionally introduced that the federal government has appointed Oxfordshire-based Intralink to ship assist throughout 11 APAC markets, “ensuring UK tech firms get the support they need to trade and flourish in this fast-growing and vibrant part of the world.”