Small and medium-sized enterprises (SMEs) are the backbone of the UK economy, representing over 99% of all businesses and providing about 60% of private sector employment. SMEs drive competition, stimulate innovation and create jobs — all of which are essential for economic growth. To capitalise on the forthcoming technological revolution, it is vital to foster an environment where these enterprises can thrive.

To further understand the economic and social impact of tech SMEs in the UK, techUK has undertaken quantiative and qualitative research of tech SMEs. The research has comrpised of data outlining the current macroeconomic picture of tech SMEs in the UK, and interviews with 30 tech SMEs to understand the further the successes and challenges they have had as a business, and how government and organisations can further support them with their business priorities. 

The launch event will introduce the findings of the latest report on tech SMEs, highlighting trends, challenges, and opportunities in the tech industry. The event aims to bring together industry leaders, policymakers, entrepreneurs, investors, and media to discuss the report’s insights and their implications.

Agenda

Introduction 

Macroeconomic outlook of tech SMEs

Understanding SMEs impact

  • David Milne, CEO, Kytemark

Panel discussion

  • Katharine Fuller, Chief Operating Officer, TechWM (Chair)
  • Paula Whitehouse, Deputy Dean Enterprise and Engagement, Aston University College of Business and Social Sciences; Director, Aston Centre for Growth