The Department for Commerce, Industry and Trade will help six of Britain’s outstanding emerging technology companies accelerate their entry into the German market and grow their customer base as part of the new government-backed UK Tech Accelerator programme, based in Stuttgart. It provides an opportunity to
The program, which will be held at the future industry hub CODE_n in Stuttgart, will offer selected companies an immersive experience over five months. Successful applicants will benefit from his package of customized support, including introductions and visits to major global companies and venture capitalists such as Bosch, BMW and ZF.
The city of Stuttgart is the capital of the German state of Baden-Württemberg, the third most innovative state on the planet and Germany’s largest exporter. In addition, we spend around €30 billion on research and development each year, the highest amount of any region in Europe.
The six companies at the heart of Germany’s technology ecosystem will have a unique opportunity to foster collaboration, drive export success and develop proofs of concept with industry leaders from September 2024.
Kathryn Boyd, country director for Germany at the UK Department of Industry and Trade, said Germany, the UK’s largest trading partner in Europe, was a natural fit to pilot a UK technology accelerator. “Our trade relationship with Germany is one of the most high-tech.” Earth incorporating trades such as artificial intelligence, cybersecurity and quantum computing,” she said. “Britain’s trade with Germany exceeds trade with China in terms of value and is second only to Britain’s trade with the United States, but it also has the advantage of being close by. services, up from around £1.5 billion in 2016.
“With one of Europe’s leading technology ecosystems here in the UK, our business is perfectly placed to help Germany’s leading global companies and exporters gain early adoption of emerging technologies. Our aim is , to make it even easier for British technology companies to enter the German market through the accelerator.”
Applications for the UK Tech Accelerator program are open until Friday 1 March 2024 for emerging technology companies with existing sales plans into the German market in areas such as AI, cyber, quantum, IoT and digital transformation. Masu.