News release

Date: 2nd November 2011

TechWorld welcomes Business Secretary Vince Cable as keynote speaker

The Rt Hon Dr Vince Cable MP, Secretary of State for Business, Innovation and Skills, will deliver a keynote speech on day two of TechWorld, one of the UK’s largest international technology events, hosted by UK Trade and Investment and held at ExCeL London from November 16 – 17.

November 2nd 2011 - The Rt Hon Dr Vince Cable MP, Secretary of State for Business, Innovation and Skills, will deliver a keynote speech on day two of TechWorld, one of the UK’s largest international technology events, hosted by UK Trade and Investment and held at ExCeL London from November 16 – 17.

Now in its sixth year, TechWorld will welcome in excess of 500 hand picked international investors and buyers from more than 50 countries, plus 1,000 of the UK’s leading technology companies and 100 exhibitors. A dedicated One2One Meeting programme will also take place during the two-day event to enable delegates to schedule meetings with potential investors and partners. This session proved to be a huge success last year, as it resulted in 45 percent of companies securing revenue opportunities from international markets.

Business Secretary Vince Cable said: “TechWorld provides talented and innovative UK technology businesses with a springboard to global markets. It has been designed with one aim in mind– to open up new channels of growth for British entrepreneurs, both through export and greater collaboration around enabling technologies, such as advanced materials and nanoscale technologies.”

Ed Vaizey Minister for Culture, Communications and Creative Industries, will open Tech World 2011. He will also deliver a keynote address on day one with Nick Baird, Chief Executive of UK Trade and Investment.

The keynote sessions will launch a conference and workshop programme around four strategic themes;

Energy and Environment
Digitally Connected World
Enabling Creativity
Explore Export

Expert speakers from leading organisations such as London 2012, The Institute of Engineering and Technology, Nokia, Eidos, Philips Research UK, the BBC, the University of Oxford and the Imperial College, London will also take part in the event.

Initial findings from a new piece of research, ‘Smart cities of the future in Asia: The opportunities for UK business’, will be made available during the Energy and Environment conference. The research project closely analyses and benchmarks the ‘smart cities’ of the future in 10 markets across Asia*, and the opportunities they will present to UK business. The final report will be launched in February 2012 at the ‘Explore Asia – a world of opportunities for UK companies’ conference.

Vince Cable continues: “The renewable energy field is constantly evolving and the UK is at the forefront of developing new technologies and applications As burgeoning BRIC nation cities face the dual challenges of population growth and related environmental impacts, the demand for our innovation and expertise will increase.”

As part of the Entrepreneurs Festival, hosted by Tech City London from 14 – 19 November, more than 100 British and 400 international entrepreneurs will attend TechWorld, with delegates from Japan, Pakistan, Jordan, Denmark, Brazil, Egypt, France, Kenya and Nigeria.

Stephen McGowan, Head of Operations, ICT Sector, at UK Trade and Investment concludes: “TechWorld is the best event to meet and learn from global leaders in the technology industry. The total turnover for all international companies that are already attending TechWorld is more than £2 billion, and we expect this to increase significantly as more delegates continue to sign up.

“Quite simply, TechWorld is a platform for UK companies, across the spectrum of the technology sector, to establish international partnerships and receive the right advice to start exporting to new markets and revenue streams.”

Ends

* Indonesia, Japan, Hong Kong, Vietnam, Malaysia, Thailand, Philippines, Singapore, South Korea and Taiwan.

Media contacts:
Kate Macnamara Grayling: 0121 265 2760 / 07714 222793 kate.macnamara@grayling.com
Nick Wiltshire, Grayling: 0121 265 2760, 07740 732884 nick.wiltshire@grayling.com

Notes to editors:

1. TechWorld 2011 (16 – 17 November 2011, ExCel, London), hosted by UK Trade & Investment and now in its 6th successful year, is the UK’s largest international technology event. Last year’s event saw more than 450 international investors from 50 countries meet with UK delegates and exhibitors from technology, science and research and development. In excess of 3000 one-to-one meetings were conducted and 45% of UK business attendees expected to generate revenue from international markets as a direct result of the event.

This year the event is focused on helping UK technology and science entrepreneurs increase overseas trade, access critical research and development and identify new markets for growth.

For more information on UKTI, please visit www.techworld.uk.com

2. The research project ‘Smart cities of the future in Asia: The opportunities for UK business’ is conducted by Frost & Sullivan Ltd in partnership with UK Trade & Investment

3. UK Trade & Investment (UKTI) is the government department that helps UK-based companies succeed in the global economy. We also help overseas companies bring their high quality investment to the UK’s economy – acknowledged as Europe’s best place from which to succeed in global business. UKTI offers expertise and contacts through its extensive network of specialists in the UK, and in British embassies and other diplomatic offices around the world. We provide companies with the tools they require to be competitive on the world stage.

For more information on UKTI, visit www.ukti.gov.uk or telephone +44 (0)20 7215 8000.

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