Tag: DCMS

Tech Nation forced to close by March

Posted on February 2, 2023 by - News

Tech Nation, the UK industry body set up in 2014 to support tech entrepreneurs in scaling up their businesses, is closing after the UK government pulled funding to give it to Barclays Bank.

The government-backed organisation has been working for more than a decade to help the UK scale up tech its ecosystem and done rather well.

Tech Nation’s core grant funding from DCMS is being awarded to Barclays Bank and no one is really sure why.  The Government claims that Barclays Eagle Labs got the cash following an open competition and rigorous assessment process.

BT in line for BDUK

Posted on March 19, 2013 by - News

ukflagWith Fujitsu pulling out of the Broadband Delivery UK Framework there is just one ISP most think could win the contract – BT.

Despite this, the Department for Culture, Media and Sport is not too fussed. A spokesperson told V3 that although it wants as much competition in place for the contracts, the department accepts some projects are “not as commercially competitive” because of the required scale and infrastructure.

BT has that infrastructure.

Fujitsu for its part said that it was pulling out of the process after conversations with the Department. Ultimately, the company decided there wasn’t enough value. It did not detail the “various conditions surrounding the BDUK process” that ruled it out of the competition.

BT promised it would make good on its investments of up to £1 billion. So far, BT has won Wales, Rutland, North Yorkshire, Surrey, Suffolk and Lancashire, V3 reports.