Tag Archives: uk

TCIO

Does the UK technology sector measure up?

Bdaily Business News

Does the UK technology sector measure up? (An opinion piece by me published at BDaily.co.uk Business News)

It's Technology Week on Bdaily. Daniel Steeves, a Canadian Partner at James Caan’s Mayfair firm HB Prime Advantage offers his opinion on how the climate could be improved for the tech businesses in the UK in comparison with other countries.

From commitments to infrastructure improvements, through to making available more visas for skilled workers, the UK Government has been backing some relatively successful efforts to attract new or added presence from some of the ‘big players’ to London but, in my opinion, a bit too focused an eastward view.

Regardless of the geography, supporting technology-focused or technology-enabled start-up businesses (a space currently supporting tens of thousands of jobs and billions of pounds in revenue across the UK) is a clever approach as both a short-term tactical and a longer view strategic position to work towards bolstering and growing our economy.

The problem is not only that an East London focus excludes the successful and growing technology industry we have in Cambridge and down the M4 Corridor to Oxford (the places in the UK where those billions are generated) but that, for the most part, the typical east London start-up is in the consumer-facing space rather than targeting the business to business environment (the companies in the UK who are generating those billions).

“Build it and they will come” does not apply to industry in general or the technology sector in particular, rather it is something that happens… and then grows. I grew up in the growing Silicon Valley (North) as Ottawa was sometimes called. Like its California namesake businesses started and grew in that geography partly in support of the Military and mostly because of what was under the ground… as the industry (and the local population) grew, so did the supporting ecosystem, from the service sector through to education to Government.

So, how to improve the climate for technology start-ups in general? I’d consider starting with the following three things:

  • Continued encouragement and support for business start-ups, but enhanced with education and awareness on what constitutes a sustainable business.
  • A little (or a lot) less hands-on involvement with the business of the sector, replaced with a greater focus on removing roadblocks related, for example, to taxes and visas
  • Just let it happen… from an external point of view the Government should support start-ups as though they were plates spinning on a stick: don’t touch the stick until you are certain that the plate is going to fall (and be ready and aware to be sure of which ones to be sure of catching!)

(please click here to read the original article)

Tuizzi is going global / EU-Startups

You might say you could have done this too. But the fact is that Tuizzi did it first and got the second place at the Startup Games in London, last weekend.

Tuizzi is simply the booking.com of outdoor advertising. Either you are a small business owner, a brand manager or an advertising agency, this platform will help you find and buy the local advertisements you are looking for. And if you are the proud owner of a few billboards, you can put them for sale there and even manage your business for a fee.

I met today Afonso Santos, co-founder of this Porto based startup and asked him if it was really “too easy”. The answer: “It was fun and at the end we got the best prize I could ask, a new mentor I trust will help us put the next step in place”. Afonso also mentioned the team (three co-founders and one employee) is looking to take the next step. After all, there’s ten man-years of experience gathered, adding up the team member’s commitment to the project. “We are making some money in Portugal and we think we are more than ready to take a global approach, we just feel we need to take an additional step before scaling up”, reveals Afonso.

Tuizzi was the recent winner of the Switch Conference in Lisbon and defeated 120 startups at London Startup “Olympics”, all but UK-based Versarien, a high technology company specializing in materials development that “took the gold medal”. You can read more here and here.

Now it’s back to business. Just for reference, when Afonso told me about an interested Portuguese group in the same sector, it took me one attempt to guess which one was. But the company is looking for other markets and “a big investor might be in the horizon”, so are the effects of the Startup Games second place. I know some calls and mails are being exchanged and that a deal might come in the next weeks. Afonso confirms “this will be a Series A round, we mostly funded the project ourselves up to now”. We look forward to hear from that development. My guess: given the size of the market they are, that may well be the deal of the year in Portugal.

Tuizzi is going global / EU-Startups.

Digital Sizzle

Digital Sizzle 4 – an audience with Tech City

An excellent evening: food, company, conversations, beer… a true tech evening!

(btw the Google Campus in east London is v. nice!!)

LIVE: Digital Sizzle 4 – an audience with Tech City.

Here's a Storify recap of Digital Sizzle 4 on Twitter, comments & pics

The video!! (this could get scary!)

pics from Paul Clark

TCIO Impact Report

Kernel Review of TCIO Report

The Troika, from the Kernel