Tech Nation will reach the end of its journey on 31 March, and after that it will be up to Barclays Eagle Lab to provide similar, perhaps complementary services to the UK tech community's startups and scale-ups.
We had an interesting chat with Tech Nation's CEO, Gerard Grech, on the impending closure, how it came to pass, and what happens next with regards to the non-profit's activities, its team and, of course, himself personally.
Grech explained why Tech Nation was unable to continue operating without the UK government's core funding, and called into question Barclays' ability to serve the UK tech ecosystem's needs at the same level as Tech Nation has in the past nine odd years as a private, commercial organisation rather than a non-profit, a sentiment echoed loudly by others as well.
Grech also pointed out that Tech Nation will be continuing its work bringing global tech talent to the UK through the 'Global Talent' visa scheme in the immediate term, despite the impending cease of operations and the fact that Barclays will not be taking this over. The organisation has helped bring more than 6,000 tech workers to the UK with the visa endorsement process to date, and will continue to do so until further notice.
Grech also commented on a potential future for Tech Nation's assets and body of work, this week's launch by Prime Minister Rishi Sunak of an all-new Department for Science, Innovation and Technology in the UK, and whether or not he will ever bank with Barclays. :)
Enjoy the listen: