UK tech scale-ups set sights on Australia

A cohort of 11 UK tech scale-ups with ambitions of expanding to Australia have been selected to take part in the inaugural Tech Nation International Growth Program for Australia.

The program, led by technology entrepreneur network Tech Nation, is being funded by the UK Government’s Digital Trade Network initiative.

This initiative is designed to help technology companies pursue trade and investment opportunities between the UK and Asia Pacific.

Tech Nation is collaborating with Asia Market Entry and the UK Department for International Trade in Australia to deliver the program.

Among the 11 companies participating in the program are automation software developer Maxatta, location analytics company Pearlai, compliance software provider ISMS.online, personal alarm system manufacturer Buddi, and risk analysis and assurance software company nPlan.

The launch comes in the wake of the conclusion of the fourth round of negotiations for the anticipated Australia–UK Free Trade Agreement, which is expected to include provisions to reduce barriers for digital trade between the two markets.

“Australia is an extremely important partner for the UK tech sector, and a country that shares our success in this field. We can’t wait to see the success that our International Growth Program in Australia, as part of the Digital Trade Network, brings to both countries,” said Tech Nation CEO Gerard Grech.

“We recently undertook an informal survey with Tech Nation Alumni in the UK and the feedback showed that as many of them are looking to expand to Australia, as they are to Europe. It shows there is real appetite for growth and investment by the UK tech sector into Australia.”

The cohort of companies also includes Cyan Forensics, Giki, LandTech, Hadean, DragonFly AI and SoPost.

Image credit: ©stock.adobe.com/au/denisismagilov

Originally published here.