Day: July 4, 2018

• New agreement will see countries’ leading research centres deepen collaboration
• National governments sign five-year accord to work together to improve digital services
• London start-up accelerator Entrepreneur First to open fifth international office in Paris

Digital Secretary Matt Hancock will today visit Paris to announce a package of measures to strengthen ties between the UK and France’s digital industries.

The aim is to boost both countries’ digital economies and forge closer links between cutting-edge companies from both nations.

Mr Hancock will address a landmark bilateral conference on data and the digital economy alongside his French counterpart, Mounir Mahjoubi. He will confirm the UK’s world-leading centre for AI and data, The Alan Turing Institute, is signing an agreement with the French institute, DATAIA, to promote collaboration between the French and British sectors.

It will see the two organisations pursue collaborative research in areas of shared interest – for example, in fairness and transparency in the design and implementation of algorithms.

They will also work together to share expertise, paving the way for visiting researchers to spend time at each Institute and hosting joint workshops and funding calls.

At the UK-France Digital Colloque – a summit of more than 350 businesses, researchers and officials from both countries – Mr Hancock and Mr Majoubi will also sign an accord on digital government. This will commit to extending their cooperation in the digital sector – on innovation, artificial intelligence, data and digital administration.

Mr Hancock will also confirm London-based Entrepreneur First, a beacon for the UK’s excellence in developing tech talent, is to continue its global expansion with a new Paris office. He will also bang the drum for British tech and promote the opportunities for business-to-business collaboration at a breakfast meeting with business leaders.

Digital Secretary Matt Hancock said:

The UK is a digital dynamo, increasingly recognised across the world as a place where ingenuity and innovation can flourish. We are home to four in ten of Europe’s tech businesses worth more than $1 billion and London is the AI capital of Europe.

France is also doing great work in this area, and these new partnerships show the strength and depth of our respective tech industries and are the first stage in us developing a closer working relationship. This will help us better serve our citizens and provide a boost for our digital economies.

Alan Wilson, CEO of The Alan Turing Institute, said:

The fundamental goal behind all our research is to build a data and AI enriched world for the benefit of all. In order to do this, it is critical to forge international collaborations and share our knowledge, expertise and ideas with other research centres around the world.

The Institute and DATAIA both share a vision for building research in data science and AI which crosses disciplinary boundaries and recognises the societal implications of data and algorithms. It is a pleasure to kickstart this engagement and we look forward to working with them to advance UK and French excellence in this area.

Matt Clifford, EF co-founder and CEO, said:

EF exists to enable the world’s most ambitious people build extraordinary companies. It was founded in London, where we’ve already helped spark the development of high growth companies from scratch.

As we continue our global expansion we’re looking forward to working with France’s future founders and strengthening the ties between business and investors in both countries.

Notes to editors

Digital Colloque

The UK and France are world leaders in the digitisation of public services and are developing a data ecosystem which supports policy makers, corporates and startups using data from across the spectrum of closed, shared and open data.

The Digital Colloque will see leading policymakers and industry experts discuss the technologies revolutionizing the world.

It follows the commitment made by the President Emmanuel Macron and Prime Minister Theresa May during the France-UK Summit in January 2018 to boost cooperation in these fields.

This Colloque builds on the success of the inaugural UK France Data Summit 2017 in London and the UK-France Summit in Sandhurst in January 2018, where both countries agreed to foster bilateral discussions on digital issues.

It comes ahead of the French presidency of the G7 in 2019 and British presidency in 2021 to promote their shared vision on Global challenges.

More than 350 businesses, researchers and officials from both the UK and France are due to attend the Colloque.

Entrepreneur First

Entrepreneur First (EF) was founded in London in 2011 by Matt Clifford and Alice Bentinck to connect the world’s most ambitious technologists to the best investors globally. EF’s bespoke programme, the first of its kind in the world, helps outstanding individuals to find co-founders and investment, and build high growth technology companies from scratch.

Entrepreneur First, started in London in 2011, is a beacon for the UK’s excellence in developing tech talent, and already has sites in Singapore, Berlin and Hong Kong.

Its alumni include Magic Pony Technology, led by Rob Bishop and Zehan Wang, which was acquired by Twitter for £150m. Magic Pony’s founders, Rob Bishop and Zehan Wang, studied together at Imperial College, and met at Entrepreneur First.

To date EF – which opened its Singapore office in 2016 and this year opened in Berlin and Hong Kong – has helped over 1,000 individuals build over 150 companies with a total valuation of over $1 billion. EF’s companies have been funded by some of the world’s leaving venture investors in Europe and Silicon Valley.

And EF itself has also raised from some of the world’s best investors,including Reid Hoffman (founder of LinkedIn), Demis Hassabis (founder of DeepMind), Greylock Partners, Mosaic Ventures, Founders Fund, Lakestar and more.

• new joint government-industry Sector Deal worth £420 million to transform construction through innovative technologies to increase productivity and build new homes quicker with less disruption
• ‘bytes and mortar’ revolution to use digital design and offsite manufacturing to transform building construction
• landmark deal will boost the delivery of government’s ambition to deliver 1.5 million new homes by 2022
• deal will support Clean Growth Grand Challenge mission to halve the energy use of new builds by 2030, helping families reduce their utility bills

An ambitious new partnership between the government and the construction industry, will be announced today (Thursday 5 July 2018) by the Business and Energy Secretary Greg Clark, in a speech to the Northern Powerhouse Summit in Newcastle.

With almost half of the economy reliant on the built environment and the services it enables, the government is bringing together the construction, manufacturing, energy and digital sectors to deliver innovative approaches that improve productivity in construction and accelerate a shift to building safer, healthier and more affordable places to live and learn that use less energy.

Business and Energy Secretary Greg Clark said:

The construction industry is fundamental to growing our economy as we build to invest in our future. Major infrastructure projects like HS2 and the commitment to deliver 1.5 million homes by 2022 mean that we need a construction sector that can drive innovation, delivering homes and infrastructure quicker.

As buildings account for around 30% of total emissions, we also want to ensure that we are at the global forefront in designing and building smart, energy efficient and affordable homes and buildings through the Clean Growth Grand Challenge, saving families money on their bills.

This Sector Deal is supported by the biggest government investment in construction for at least a decade and will drive economic growth and create well-paid highly-skilled jobs in every part of the UK.

Andrew Wolstenholme, Co-Chair of the Construction Leadership Council said:

Securing this deal sends out a statement about the vital contribution our sector makes to the country. Our industry builds the schools to educate the young, the hospitals to care for the sick, the police stations to keep us safe, the roads and railways that get us to work, the power stations that keep us warm and the homes we return to each day.

We are an industry that must be at the forefront of the UK’s drive for future growth and prosperity – and I’m confident that this deal will help to achieve that.

International Trade Secretary Dr Liam Fox said:

British firms are at the forefront of innovation in the construction and infrastructure sector and the government’s new Sector Deal will ensure that even more of our businesses have the confidence to do business in overseas countries.

With the global infrastructure market estimated to be worth $57 trillion by 2030, the opportunities are clearly there for our companies. That is why DIT, through our network of HM Trade Commissioners, Officials and GREAT.gov.uk, will work to identify these opportunities and provide advice to overseas businesses who may want to invest in the UK.

The Construction Sector Deal will deliver:

• £420 million investment in ‘bytes and mortar smart construction’ – investment will transform construction through use of digital building design, new manufacturing technologies and offsite manufacturing helping cut the time taken to deliver new build by 50%
• cheaper energy bills for families and businesses – support Industrial Strategy mission to halve the energy use of new builds by 2030
• 25,000 construction apprenticeship starts and 1,000 Construction T Level placements by 2020 to help give young people the skills that industry needs – with £34m to scale up innovative training models across the country
• $2.5 trillion of global exports – a globally-competitive sector targeting the growing international infrastructure market that is set to grow by 70% in the years ahead

Smart construction

The £420 million joint investment aims to transform construction productivity by driving the development of new innovative construction materials and techniques which will speed up building time, reduce disruption and ensure the homes, workplaces and public buildings of the future are more energy efficient. The deal will support the development of affordable, easy to construct homes, schools and other buildings which can be quickly and sustainably manufactured offsite, then assembled where and when needed.

Helping families save money

As buildings account for around 30% of the UK’s emissions, this Sector Deal will also help put the UK at the forefront of the global clean growth shift towards cleaner, more efficient construction. The government’s Buildings Mission announced by the Prime Minister as part of the Clean Growth Grand Challenge, set the objective of at least halving the energy use of new buildings by 2030, helping families to save money on their bills and making the UK a leader in the move to clean, green sustainable construction.

Future construction skills

As part of the deal, the government will work with the Construction Industry Training Board (CITB) to ensure a strategic focus on future skills needs and increase significantly the number of approved apprenticeships standards. With a third of the industry’s 3 million workers aged over 50, the Construction Sector Deal includes £34 million for expanding innovative construction training programmes across the country to up-skill the existing workforce and a commitment to increase the number of apprenticeship starts to 25,000 by 2020. Government will work with industry to prepare for implementation of new construction T Levels by supporting the sector to offer high quality construction industry placements. There will also be a single industry portal to support construction careers based on Go Construct.

Industrial Strategy

The government’s modern Industrial Strategy sets out how the government is building an economy fit for the future, and how we will help businesses create better, higher-paying jobs in every part of the UK with investment in skills, industries and infrastructure. Underpinning the strategy are four Grand Challenges reflecting global trends that will shape the future and represent industries where the UK has an edge: artificial intelligence and the data economy; clean growth; healthy ageing; and the future of mobility. Today’s investment forms part of the Clean Growth Grand Challenge, with the Transforming Construction investment supporting low-carbon approaches to housing.

Notes to editors

The construction sector, including the supply chain and professional services, had a turnover of £370 billion in 2016 and employed around 3.1 million workers, or around 9% of the UK workforce. The sector also exported over £8 billion of products and services. Increasing construction productivity would have a significant economic impact. Industry will be contributing up to £250 million, catalysed by a £170 million injection from government through the Industrial Strategy Challenge Fund.

• Government-backed industry-led delivery panel to boost new legal technologies
• Industry experts to provide advice and support
• Builds on Government strategy to drive business innovation

In a speech at the Lord Mayor’s Dinner for HM Judges at Mansion House on Wednesday evening, the Lord Chancellor unveiled plans for a panel of industry professionals to support and accelerate the development and adoption of innovative new legal technologies.

Chaired by The Law Society’s incoming President Christina Blacklaws, the group will provide direction to the legal sector and help foster an environment in which new technology can thrive.

The Government recognises the importance of embracing cutting-edge initiatives to ensure the UK’s £24billion legal services sector continues to grow and retain its world-leading reputation.

The legal sector is already adapting to harness the power of these emerging technologies – with the Serious Fraud Office introducing a document review system, backed up by artificial intelligence, that can review 2,000 documents a day and law firms embracing automated digital contracts that allow for on-going monitoring of contract terms.

Lord Chancellor David Gauke said:

I am determined to ensure our world-leading legal services sector continues to thrive and that the UK remains the primary choice for international business.

The Lawtech industry is experiencing rapid growth and cutting-edge initiatives are already underway across the country.

It is of paramount importance that, working together, we foster an environment in which these new technologies are embraced and take advantage of every opportunity created.

The UK is the ideal place for LawTech to thrive – with its progressive regulation, world-leading professionals and financial services sector and huge tech talent pool.

Today’s announcement builds on the Government’s work to boost innovation and emerging technologies and create a thriving service industry.

In April of this year, the Prime Minister announced a £20 million fund to encourage work between businesses and researchers and help the service industry, including the legal sector, take advantage of new technologies.

The Home Office has also announced the launch of start-up visas for entrepreneurs looking to come to the UK.

Notes to editors:

More information on the Home Office’s start-up visa programme is available here: https://www.gov.uk/government/news/new-start-up-visa-route-announced-by-the-home-secretary

More information on the Government’s £20 million industrial strategy can be found here: https://www.gov.uk/government/collections/industrial-strategy-challenge-fund-joint-research-and-innovation