Tendertec presents its investment opportunity at the IoTA Wales Investor Event
For creating an amazing experience at IoTA Wales and organising the IoTA Wales Investor Event.
For believing in 9 startups looking to change the future.
For working tireless behind the scenes.
For supporting and challenging us to better ourselves.
For giving us the opportunity to create what we know will become lifelong friendships with the phenomenal entrepreneurs in our cohort.
The Internet of Things Accelerator Wales
The Internet of Things Accelerator Wales (IoTA Wales) is a national first. The programme brought investment, intensive training and invaluable contacts to help 9 startups make Wales and the world a smarter place.
The 9 startups are:
- Awen Collective
- Emsol: Emissions as a Service
- F&W Insights
- Haandle – Parental Controls
- Immersity – VR Training & Learning – Safety & Security
- iPoint Tech
- Mobilized Construction
- Tendertec – Revolutionising the way seniors live independently
- VRGO – The VR Chair
Wales – the IoT place to be?
A recent Tech Nation report finds that Wales has the fastest growing digital economy outside of London. The Cardiff/Swansea tech cluster creates £392 million annually in GVA [gross value added], employs 17,000 people and saw 103 start-ups launched last year.
The organiser of London’s biggest IoT meet up, Alexandra Deschamps-Sonsino, claims that Wales has a competitive advantage over London that it will need to capitalise on in order to make the most of the commercial opportunities available.
She said: “You can make a profitable business in this space by manufacturing just 5,000 pieces and, through the production of the Raspberry Pi, Wales has the manufacturing capability which we just don’t have in London. That bit is potentially the hardest piece of the jigsaw.”
Secretary of State for Wales Alun Cairns said: “Wales is a dynamic nation that is home to some of the most innovative companies in the world.”
“As we prepare to leave the EU, I want Welsh innovators to seize the opportunities available to expand their companies and help us trade on the global stage.
Read More about the programme here.