Andrew Jenkins welcomes announcements for bounce-back plans to support the NI tech sector

Andrew Jenkins, Fintech Envoy for Northern Ireland has welcomed announcements by the UK Government of bounce-back plans to support the tech sector in Northern Ireland. He said:

“This announcement of bounce-back measures by the UK Government is fantastic and will be hugely beneficial to the whole tech sector in Northern Ireland particularly. Our vibrant tech sector which employs 28,000 people in Northern Ireland has firmly positioned itself as global excellence hub.”

The range of measures announced which seek to increase tech exports to fast-growing international markets, including Asia-Pacific, strengthen scale-ups’ readiness to export, and attract investment to drive innovation and create jobs, will allow the sector to confidently move through the economic recovery phase coming out the other end much stronger.”

“In terms of our fintech offering, Northern Ireland has shown itself to be adept in attracting international investment. The plans for a fintech campaign including promoting UK fintech companies who enable digitisation and resilience in priority export markets is brilliant and will ensure we remain the best place to start, scale and internationalise a fintech business.” 

“The UK Government have also in recent days launched an important independent strategic review into the wider fintech industry across the UK. This review aims to identify opportunities to promote further growth in the sector. The focus by the UK Government and indeed our Economy Minister on fintech is really encouraging. Taken together, these initiatives will ensure the levers are in place to accelerate change and enhance our global reputation.”

“The road ahead is not going to be straight-forward, but it is clear that with tech at the heart of our recovery, the economic challenges facing us in Northern Ireland can be overcome.”