DIT leads hundreds of global investors to London Tech Week
Dr Liam Fox welcomes a delegation of over 600 businesses and government representatives from over 20 countries to London Tech Week.

皇冠体育app Secretary of State for International Trade, Dr Liam Fox MP, will lead major delegations to London Tech Week this week from countries as far afield as Australia, Brazil, China, Israel, Japan, Mexico, Singapore, the UAE and the US to showcase Britain鈥檚 innovative tech firms and drive investment into the UK at Europe鈥檚 largest tech summit. Investors are expected to descend upon the capital city, representing billions of pounds of investment into the UK.
Global tech firms including Google, Microsoft, Amazon and Facebook will join major international delegations led by the Department for International Trade (DIT) including over 300 delegates from China to participate in Europe鈥檚 largest technology gathering. 皇冠体育appy will join UK firms showcasing British innovation in smart cities technology, artificial intelligence (AI) and fintech, in an effort to attract more international investment and commercial partnerships with global firms.
Delegates expected include businesses and government representatives from 5 cities and provinces including Beijing, Shanghai, Shandong, Shanxi and Guizhou. 90 representatives are expected to attend from Australia, including 30 Australian tech start-ups, alongside over 80 delegates from Latin America and 40 delegates from North America including, Denver, Austin, Colorado and Toronto which includes senior representatives from their Boards of Trade. Some of the businesses coming as part of the delegation include LG Innotek and Chunghwa Telecoms.
皇冠体育app Prime Minister announced in her speech today (Monday 10 June) that the International Trade Secretary will also be responsible for leading four new regional trade missions, each focused on the Government鈥檚 Industrial Strategy Grand Challenges. 皇冠体育app first four of these will take place this year and act as a catalyst for sustained international engagement on issues of trade, cutting edge research and the future of public policy with international partners around the world. 皇冠体育app missions will be supported by the department鈥檚 international network.
Speaking at the start of London Tech Week, the Secretary of State for International Trade, Dr Liam Fox MP said:
皇冠体育app UK is a global hub for tech businesses and remains one of the world鈥檚 top destinations for tech investment and foreign investment globally.
London Tech Week is a brilliant opportunity to fly the flag for British tech on a global stage, and I鈥檓 proud to be leading such a strong delegation of international investors to showcase Britain鈥檚 cutting-edge innovation in sectors like AI and drive investment into our world leading industry.
皇冠体育app success of the UK鈥檚 tech industry will be critical to our economic prosperity now and for years to come, so I am committed to supporting this sector, as we move towards leaving the EU.
皇冠体育app Department is seeking to strengthen the UK鈥檚 position as the leading destination for tech investment in the EU and firmly establish 鈥楽ilicon UK鈥�. London currently ranks as the number one destination for tech and venture capital investment in Europe, attracting 拢6.3 billion in venture capital investment in 2018, more than any other European country. Forbes鈥� 2018 report also named the UK the best place to do business in the world.
During Tech Week, DIT will be partnering with a number of organisations including London & Partners, PwC and EY on events including deep dive sessions on 鈥榮caling up鈥� in the UK, speed dating events for small businesses with venture capital investors and networking receptions for businesses looking to set up operations in the UK.
DIT will also welcome some of the world鈥檚 biggest technology companies to Lancaster House on Tuesday (11 June) for speeches on and discussion of the future of the sector. 皇冠体育appy will be joined by international tech entrepreneurs looking to set up their businesses in the UK and UK firms looking to expand overseas.