East of England Unites Tech Cluster To Drive £650M In Economic GrowthApril 19, 2016
TechEast was launched on Monday 18th April, with a four year plan to underpin the creation of 5,000 new digital technology roles in the East of England. This will be executed through provision of support to existing and startup companies and launching of initiatives to help drive growth – including a TechEast embassy to launch in London this Summer.
The Government-backed Tech Nation Report, launched in February this year, stated there are 152,136 digital tech jobs in the East of England, with tech companies accounting for £4.6bn in economic value. The main tech centres in the East are Cambridge (18,532 jobs), Ipswich (9,981 jobs) and Norwich (5,306 jobs) – adding the 5,000 new jobs equals a proposed TechEast cluster of approximately 38,819 jobs, putting it in the top 5 list UK tech city clusters.
Ian Buxton, Chairman of IM commented: “Innovation Martlesham will be one of the largest clusters within TechEast and is an important hub for collaboration and innovation within the Eastern region. We are pleased to support TechEast and ready to show the nation what the Eastern Powerhouse is capable of.”
Tim Whitley, Managing Director of Research and Innovation at BT, commented: “BT has been an innovation pioneer for 170 years, and we continue to unlock new opportunities – nowhere more so than Adastral Park, our global research and development campus in Suffolk, which employs 3,500 scientists and engineers.
“The East of England is an increasingly vibrant hot bed of invention, and a great place to develop cutting-edge technology. The first GPRS mobile data call was made in the East, 90% of all smart phones in the world use chip-sets designed in the East and the world’s entire fibre-optic communications infrastructure is based around work carried out by BT here in the East.”
TechEast is being established to address three key challenges to the East’s tech cluster expansion and success:
1 Low understanding of the East’s rich tech heritage and current capabilities at a national level
2 Win further government and company investment in the East’s digital tech economy
3 Training more tech specialists and attracting new digital tech talent to the region
For further information, visit www.techeast.com and follow TechEast on Twitter: @TechEastUK