30 British tech companies have today been announced as the first participants in the Department for International Trade’s (DIT) new Tech Export Academy programme that will begin this week.
The new Academy was launched in June 2020 at London Tech Week Connects by Secretary of State Liz Truss. It will see the first two cohorts of smart city tech firms participate in a nine-month programme that will provide a package of support to help them expand and grow their business in the Asia Pacific region.
108 companies applied for the programme across smart cities capabilities, from smart mobility and infrastructure to smart buildings and cyber security. An independent panel selected the successful companies based on the strengths of their products and services, their focus on exporting to the Asia-Pacific region and their commitment to diversity and inclusion, a key priority for DIT and the tech sector more widely. The 30 successful companies are based across all four nations of the UK.
The panel consisted of DIT’s Chief Scientific Adviser Dr Mike Short, Oriel Petry (Director of the Technology and Advanced Manufacturing Directorate), Colin Sinclair (CEO of the Knowledge Quarter in Liverpool) and Jane Morrison-Ross (CEO at tech trade body ScotlandIS).
The programme is being supported by the following companies: PWC, Linklaters, Deloitte, KPMG, BDO, Taylor Wessing, EY, HSBC, Santander Grant Thornton and Clifford Chance. These partner companies will host bespoke sessions with the cohorts on regulatory, tax, intellectual property and legal issues in the Asia Pacific region.
The programme will also include opportunities for the businesses to meet investors, undertake pitch training and learn about UK Export Finance support as well as participate in virtual trade missions to the Asia-Pacific region.
In light of the growing relationship between DIT and the Thai Ministry of Digital Economy and Society, which oversees smart cities development in the country, there will be an opportunity for the companies to attend a dedicated trade mission to Thailand next year. During the mission, the companies will showcase their expertise, products and services to the Thai market.
The names of the chosen tech firms were revealed in a speech by the Minister for Exports Graham Stuart MP at London Tech Week 2020.
Minister for Exports, Graham Stuart MP said: “Congratulations to the brilliant British smart cities businesses chosen to take part in this ambitious scheme. The programme will help the companies unlock their export potential and get a foothold in one of the fastest-growing regions in the world.
“There is an increasing global demand for smart city technology, as we design urban environments that better suit the needs of 21st century life, from transport to energy to residential design. It is businesses like these joining the programme today that are working on and discovering the best solutions. I look forward to seeing the outcomes of this scheme, and what opportunities these innovative businesses grasp over the next nine months.”
Trade Commissioner for Asia Pacific, Natalie Black said: “Smart cities technology is a key area of interest across Asia Pacific. Governments and corporate businesses are keen to collaborate so I am delighted the Tech Export Academy has chosen to focus on this region first and look forward to supporting the first 30 selected companies in growing their business in this part of the world.”
Cohort 1: Avalon
- Alchera Technologies
- ASH Projects & Contracts Ltd
- Awen Collective
- Humanising Autonomy
- Informed Solutions
- Symphonic Software
- Unmanned Life
Cohort 2: Camelot
- Conigital Ltd
- Emu Analytics
- Ovon Technology
- Sensat Surveying Limited
- Space Syntax
- Sycous Limited
- Telensa Systems Pty Ltd
- Vivacity Labs
- Vortex IoT Ltd
- Vucity Limited