Fast-track Your Company’s Expansion
to the UK
Elevate your business to the next level by expanding to the UK and Europe
UK: A GREAT MARKET OPPORTUNITY
The UK is now the fifth largest economy in the world, has one of the lowest corporate taxes in the G20 and a highly skilled and educated workforce, and is also the hotspot for tech investment. Last year, the UK attracted $15B worth of venture investment in 2020, the third largest only after the US and China. This was $200M more than the previous year despite the pandemic and Brexit, and more than VC investment in Germany and France combined.
Industries today also experience more global challenges than ever before, affecting how value chains operate and perform, changing business and working dynamics worldwide. This has also marked a shift towards a new technological reality, where market optimism towards the adoption of new technologies are at an all-time high.
There is no better time to expedite the expansion of your company to the UK, with the value of technologies set to rise amid the growing dynamism of worldwide markets.
IoT Tribe will work hand-in-hand with you to fine-tune your company’s value proposition and connect you with ambitious corporates as well as visionary public agencies to drive the sustainable growth of your best-in-class technologies, starting with the UK and European markets.
London Tech Calling
In partnership with Enterprise Singapore and the Singapore Economic Development Board under the Global Innovation Alliance, IoT Tribe runs the heavily-subsidised London Tech Calling programme to assist scaleups and small-medium enterprises (SMEs) in Singapore that are planning to expand into the UK and European markets.
Scaleups and SMEs that participate in the market access programme will receive support in defining their priorities for the UK market, analysing and accessing suitable development opportunities, and guidance on market entry. IoT Tribe’s headquarters in London, UK will serve as a primary base for their market access into the region.
What The Programme Will Provide
8 to 10 scaleups and SMEs will be selected to participate in each cohort of the London Tech Calling programme, and each will get to work with a wide range of experts, mentors and strategic partners to propel their market expansion plans to the UK and beyond.
Scaleups and SMEs on the programme will participate in a series of online capacity building activities to develop a good understanding of the business landscape and market opportunities in the UK, as well as hone their go-to-market strategy for the UK. This is followed by a 10-week virtual soft landing in London, UK where we will connect you to potential clients, partners, investors, suppliers and more through facilitated 1-1 meetings. You will also get the opportunity to attend networking sessions and external events, to maximise your business development outreach.
An optional 1-week market immersion trip to the UK is also planned for November 2021 (subject to travel advisories) to capture additional business opportunities and build in-market connections.
Virtual Capacity Building – Weeks 1 to 2
Companies will participate in a series of capacity building workshops, focused on the market landscape and opportunities, as well as how to effectively do business in the UK. The IoT Tribe team will also work closely with you during this time to define your priorities.
Soft Landing in the UK – Weeks 3 to 12
You will also get curated introductions and facilitated 1-to-1 meetings with a wide range of business partners in the UK based on your needs. You will also get opportunities to attend networking sessions and external events to extend your outreach.
Anchoring Your Impact – 6 Months
Participating companies will continue on as IoT Tribe alumni upon graduation from the programme and receive follow-on support from the team. Alumni companies will also be invited to stay active within our networks and remain participative through our events.
Held between June and November this year, the upcoming cohorts to embark on IoT Tribe’s London Tech Calling programme will focus on:
Cohort #03: Smart & Sustainable Cities
July – October 2021
Pioneer the development of smarter, greener infrastructure in UK and European cities through the strategic expansion of your setup into the region.
Relevant Industries: Built Environment, Mobility, Energy, Networks & Connectivity
Cohort #04: Fintech & Cybersecurity
August – November 2021
Shape the future of the booming financial services and cybersecurity sectors in the UK and Europe with your cutting-edge technologies.
Relevant Industries: B2B Finance, Blockchain, Payments, IoT Security
Cohort #05: Industrial & Manufacturing
September – December 2021
Drive the disruption and adoption of Industry 4.0 technologies to unlock new value creation across industries in the UK and Europe.
Relevant Industries: Industry 4.0, Supply Chain, Logistics, Manufacturing
Proven Track Record
Applicants should be post-revenue with some traction in their market of focus, and they will also be assessed during the screening process for their eagerness to expand into the UK and European markets.
Singapore Startup, Scaleup or SME
Applying companies should be companies registered in Singapore and have at least 30% local shareholding. Exceptions could be made for Singapore-based companies that do not meet the 30% local shareholding requirement, but applicants will have to justify that they have core business activities in Singapore.
Commitment to Participation
Representatives of accepted companies will be required to commit fully to participate actively across all phases of the programme, with the guaranteed support of their board.
Participating scaleups and SMEs should possess the financial capacity to bear all ancillary costs related to participation in the programme.
Babbobox – London Tech Calling #01
Though it is still halfway through the programme, I’ve already found it to be really
beneficial with the structure, various webinars with different experts in order to get us ready for entry into the UK market. Giving us a wealth of information.
On top of all that, most valuable were the introductions made through IoT Tribe’s contacts. At times, I do feel they have gone over and beyond what they are tasked to do. At this point, I must say that I’m more than satisfied and am looking forward to the rest of the programme.
– Alex Chan, CEO
SensorFlow – London Tech Calling #01
The London Tech Calling programme comes at a perfect time for SensorFlow as we are gearing up to expand internationally in line with the global hospitality sector’s need to optimise energy and operational efficiency while adapting to the COVID-19 pandemic.
We are looking forward to making the most out of the support and the new connections via the programme to further expand the use of our technology which helps hotels and commercial properties maximise the use of limited resources, adopt clean technologies, and become more sustainable.
– Saikrishnan Ranganathan, CEO