The British Government will create a global network of tech hubs, based on the successful model of the UK Israel Tech Hub that operates out of its embassy in Israel.
The network was announced today as part of a new Digital Strategy focusing on expanding digital skills in the UK.
The strategy includes the creation of five international tech hubs in emerging markets, based on the UK Israel Tech Hub model founded in Israel five years ago. The new hubs will create and develop partnerships between UK companies and local tech firms.
Since its creation, the UK Israel Tech Hub has facilitated over 80 bilateral tech partnerships, with a deal value of £62 million. These partnerships include deals between Britain’s RBS and Israeli cyber and fintech companies; a cooperation between the UK’s Dyson and Israeli Breezometer; and a partnership between pharmaceutical giant GlaxoSmithKline and researchers from Israel’s Technion to co-develop new treatments.
British Ambassador to Israel, David Quarrey, said: “Today’s announcement is further evidence that tech relations between the UK and Israel are stronger than ever, and are now an inspiration for the UK’s tech engagement around the world. The UK Israel Tech Hub plays a vital role in forging a strong tech and innovation partnership. If you are living in the UK today, you use technology from Israel daily – in banks, hospitals, digital government services and even online shopping. Britain’s new Digital Strategy acknowledges the success of the hard work we’re doing to advance these relations and it sets a promising future for our tech cooperation”.
Director of the UK Israel Tech Hub Naomi Krieger Carmi said: “We are delighted the UK government has recognized the unique potential of the model we have developed with Israel. Together with our Chairman Haim Shani, Ambassador David Quarrey and the excellent Tech Hub team we have grown this ‘start up’ over the past five years to a successful model which delivers significant business value to both economies.
Krieger Carmi added: “I look forward to working closely with colleagues in London and the five new locations around the world, to adapt and rollout the model and create a global tech network for the UK, with Israel taking a central position within it”.
The UK Israel Tech Hub was founded in the UK Embassy in Tel Aviv in 2011, aimed at promoting tech and innovation partnerships between the two countries. The Hub focuses on several areas with high potential for partnerships, such as online retail and fintech, biomed, cyber, mobility, smart cities, cleantech, educational technologies, creative industries and Arabic online content.