Boris Johnson launches body to promote Britain’s education technology sector
London-based Edtech UK will look to drive forward growth of the £45bn global industry to bring it "on par with fintech"
London & Partners, Boris Johnson’s promotional agency, has today announced the launch of a strategic body to advertise and encourage opportunities in education technology (edtech).
The body, Edtech UK, wants to accelerate growth of the sector and ensure that edtech remains “on par” with London’s thriving financial technology (fintech) community.
According to new research from London & Partners, the global edtech industry is currently worth £45bn and is set to reach £129bn by 2020.
Edtech is reported to be one of the fastest growing tech sectors in Britain with over 1,000 start-ups across the country and more than 200 based in the capital.
Johnson commented:“London has all the ingredients to become the edtech capital of the world – a thriving technology sector, the city is globally recognised for education excellence and a leading financial centre. Londoners are also a highly diverse bunch from all over the world and are buzzing with ideas and a desire to learn. I have no doubt that Edtech UK will help drive forward this growing sector in the capital.”
Ian Fordham, CEO of EdTech UK, added:
“Edtech has come of age. The UK is home to some of the world’s leading schools, colleges, universities and education businesses. Edtech UK will be a pro-active organisation building and accelerating a vibrant education and learning technology sector and leading new developments with our founding partners. It will also be a front door to government, educators, companies and investors from Britain and globally.”