Intralink signs UK tech promotion deal for Asia Pacific

Intralink signs UK tech promotion deal for Asia Pacific

Business news |
By Nick Flaherty

Intralink in Oxfordshire has signed a deal with the UK government to promote technology to the Asia-Pacific region, including potential investors.

Intralink is to run a new £5.6m (€6.5m) UK-APAC Tech Growth Programme over the next four years as part of the UK’s Digital Trade Network (DTN) to help UK tech companies and entrepreneurs trade in the APAC region. Intralink has many years of working with semiconductor companies in Japan and China.

“Seamless collaboration with our global counterparts is the key that will unlock the potential of our leading start-up community, and in turn the UK’s future as a science and technology superpower. This is why Intralink’s work with the Digital Trade Network to bring together the UK and Asian tech communities is fundamental to our shared success,” said Minister for Technology and the Digital Economy Paul Scully.

The DTN itself will also expand to Taiwan and Vietnam to ensure UK exporters can access digital tech expertise and help with market access and digital trading systems.

Over 600 investors from the region are attending this week’s UK Tech Week in London with a session at the London Eye, following the recent signing of the CPTTP trading partnership.

This includes a strategic partnership between Malaysian company Sunway Group – one of Southeast Asia’s leading conglomerates – and Cambridge-based venture capitalist firm Deeptech Labs, enabling them to accelerate the growth of net zero technologies and open new avenues for UK startups in the APAC region.

“This record-breaking delegation from Asia Pacific demonstrates our deepening relationship with nations across the CPTPP,” said Natalie Black, His Majesty’s Trade Commissioner for Asia Pacific.

“At this year’s London Tech Week, we are seeing delegations of startups brought over by the Japanese government and our first ever delegation from Vietnam, demonstrating how the UK is the tech powerhouse of the CPTPP.”

Missions from Australia and Mexico are also included in the APAC delegation.

UK Tech Week is also meant to see further details on the UK’s semiconductor strategy: Underwhelming semiconductor strategy is set up to fail. However the focus from UK prime minister Rishi Sunak was more on AI security.


If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :    eeNews on Google News


Linked Articles