Tech City UK chief exec: 'The UK is creating digital jobs faster than we can fill them' Digital is redefining British business.
We’re on an amazing trajectory, typified by unrivalled success stories and record growth in the tech sector. But there is a potential problem. The rapid progress of our digital industries could be prematurely stymied by a lack of tech skills within the British workforce. The plain fact is that the UK is creating digital jobs faster than we can fill them. A recent study found that Britain will need 745,000 additional workers with digital skills to continue growing the economy over the next four years. The government’s recent introduction of computing into the primary school curriculum is an important reform.
Founders and CEOs who are hiring say that universities are still not teaching enough practical digital skills that are so important to today’s fast growing digital businesses. The challenge is to start creating employees and entrepreneurs suited to our growing digital economy. Finally, we need to democratise access to all tech-related skills. Explicit cookie consent. NSW bets $1.7 million on medtech hub in Sydney. With an election just three weeks away, the New South Wales government is continuing to place bets on industry hubs to help commercialise innovation, announcing today that it would spend $1.7 million on a medical tech knowledge hub.
The “medtech” hub was the fourth of five industry-led Hubs being rolled out in NSW. Last week the government threw its support behind a financial industry tech hub, named Stone and Chalk, in Sydney’s CBD. The others already in place focus on digital creative and energy innovation, while transport and logistics has yet to be finalised. Campus Biotech. The Campus Biotech is a Swiss institution hosting research institutes and biotechnology companies.
The Campus Biotech is located in the former Merck Serono building, in Geneva (Switzerland). History Campus Biotech. Biotechnology. "Bioscience" redirects here.
For the scientific journal, see BioScience. For life sciences generally, see life science. Biotechnology is the use of living systems and organisms to develop or make products, or "any technological application that uses biological systems, living organisms or derivatives thereof, to make or modify products or processes for specific use" (UN Convention on Biological Diversity, Art. 2). Depending on the tools and applications, it often overlaps with the (related) fields of bioengineering, biomedical engineering, etc. Singapore Launches Program In San Francisco To Attract More U.S. Startups. Singapore is already one of the most developed startup hubs in Asia.
Now its government wants to bring more U.S. startups to the city-nation. Earlier today, the Infocomm Development Authority Of Singapore, a government organization focused on growing the country’s tech industry, opened a new office for Infocomm Investments in co-working space Block 71 San Francisco, which was originally set up by NUS Enterprise, an entrepreneur program run by the National University of Singapore, and SingTel Innov8, the telecom’s investment arm. While Block 71 San Francisco was first launched to help Singaporean companies break into the U.S. market, Infocomm Investments’ new office will help U.S. startups that want to expand into Asia.
Resources founders can tap into include Singapore-based accelerator programs and potential funding from Infocomm. Photo Credit: williamcho via Compfight cc. Seedcamp Reveals 7 New Startup Investments. When we last caught up with Seedcamp, it had just invested in seven new startups.
Now it’s ready to announce its latest batch of investments with five springing from Seedcamp Berlin and two graduates of previous Seedcamp weeks emerging from working in stealth. At Seedcamp Berlin, the micro-seed investment and mentoring program invited 19 companies to attend from hundreds of applicants. Five were chosen to receive investment. Germany's Rocket Internet promises 10 more startups every year beginning in 2015. In a slideshow released before its earnings call today, Berlin-based startup factory Rocket Internet said it would launch 10 new companies in 2015.
So far in 2014, Rocket says it has launched seven companies. The company created five of those before its IPO in early October and two more since then. 5 Fintech Startups to Watch from Techstars’ Barclays Accelerator. London is well known for being a global center of business and finance, so it makes some sense that it’s also now home to a flourishing FinTech scene – with the likes of Level 39‘s dedicated FinTech accelerator space, and now, Techstars’ first graduating cohort from its Barclays Accelerator demo day in London.
As with all the best-known programs nowadays, applications to join far outnumbered the spots available. More than 350 applicants from nearly 50 countries were eventually whittled down to 11 businesses, some of which didn’t exist more than three months ago and some of which have been in preparatory stages for years. While it’s not the ‘sexiest’ area of technology in some ways – the services are often business or employer-focused, rather than on the end-user – it’s an area that presents one of the biggest opportunities in both the size of the potential markets and the impact on people’s lives. Crowdestates. University of Wollongong launches AU$10m startup seed fund. The University of Wollongong (UOW) has launched an AU$10 million seed fund aimed at providing a pipeline of early stage business development for young tech startups, in order to attract outside investment.
The initiative is part of the university's iAccelerate initiative, a co-working space and program that was launched in 2012 to provide support for first- and early stage business development. Artesian Venture Partners will manage the seed fund, with PricewaterhouseCoopers advising on the structuring of the fund. According to Artesian Venture Partners, the seed fund is designed to provide seed and follow-on investment in early stage, capital-efficient, technology-focused startups from the university’s iAccelerate program.
Article continued here. Enterprise european network. America’s Tech Guru Steps Down—But He’s Not Done Rebooting the Government. Todd Park (third from left) with members of his digital team (from left): Haley Van Dyck, Vivian Graubard, Park, Jennifer Anastasoff, Mikey Dickerson, Erie Meyer, and Brian Lefler.
Michael George The White House confirmed today the rumors that Todd Park, the nation’s Chief Technology Officer and the spiritual leader of its effort to reform the way the government uses technology, is leaving his post. Largely for family reasons—a long delayed promise to his wife to raise their family in California—he’s moving back to the Bay Area he left when he began working for President Barack Obama in 2009. Government-sponsored enterprise. Congress created the first GSE in 1916 with the creation of the Farm Credit System; it initiated GSEs in the home finance segment of the economy with the creation of the Federal Home Loan Banks in 1932; and it targeted education when it chartered Sallie Mae in 1972 (although Congress allowed Sallie Mae to relinquish its government sponsorship and become a fully private institution via legislation in 1995).
The residential mortgage borrowing segment is by far the largest of the borrowing segments in which the GSEs operate. GSEs hold or pool approximately $5 trillion worth of mortgages. For a comprehensive list of articles discussing Fannie Mae, Freddie Mac, and Government-Sponsored Enterprises, see Fannie Mae and Freddie Mac: A Bibliography. Backing of US Currency The Congress has specified that Federal Reserve Banks must hold collateral equal in value to the Federal Reserve notes that the Federal Reserve Bank puts into circulation.
Business Government to help SMEs resolve disputes with launch of online tool. Profectus BioSciences. Sme germany. Google launches new venture fund for European start-ups. 10 July 2014Last updated at 06:58 ET Ambitious European tech entrepreneurs can bid for a slice of Google's $100m Google is launching a venture capital fund to invest in promising European technology companies. SBA 504 Loan. Y combinator. SBC Stirling. Business Mentoring Scotland. The great Australian brain drain: Why are our founders heading overseas? Barnaby Joyce wants cheap loans for farmers, but will it help small business? The outcome of Agriculture Minister Barnaby Joyce’s calls for the federal government to offer an extra $280 million in cheap loans to embattled farmers could have flow-on effects to rural small businesses, the National Farmers Federation suggests.
Joyce wants the loans to be given at highly discounted interest rates to farmers having trouble paying off commercial bank debts, in addition to the $420 million Farm Finance loan package which was released in 2013. Melbourne Accelerator Program, University of Melbourne. Tech is Exploding All Over the UK, Not Just London. James Parton is the European Director at Twilio. The Internet economy currently accounts for around 8.3 percent of British GDP according to Boston Consulting Group’s latest study, The Connected World. Innovation Investment Fund (IIF) Business Victoria - Start, Run & Grow Your Business.