Last Thursday I was privileged to be at the brilliant Tramshed Tech accelerator in Cardiff for the launch of the latest “State of the Nation” report from Tech Nation, the UK’s network for ambitious tech-based entrepreneurs. Yet again, there were some fascinating statistics including about the situation here in Wales with the report showing that there are currently 3,605 Welsh digital tech firms employing 45,000 people and having a total turnover of over £1 billion. However, the emphasis this year was not to look inward but to examine the performance of the UK tech economy on the global stage and how our innovative companies, entrepreneurial communities and ground-breaking technologies are making an impact across the world. And rather focusing on start-up firms that usually are at the core of most research studies into the tech sector, the report focuses on those high growth scale-up firms which currently account for 80 per cent of the £6.3bn of tech investment into UK firms in 201...
Entrepreneurship, innovation and the economy