Digital economy centre to be created in Swansea

Swansea has been included in a UK Government plan to invest £23 million in setting up six next-generation digital economy centres.

Others will be created in Newcastle, Nottingham, York and Bath.

The centres were announced today as part of Chancellor George Osborne’s emergency summer budget.

They’ll exploit opportunities across sectors of the digital economy, including the creative industries, finance, healthcare and education.

Matt Warren, founder and CEO of Swansea-based tech start-up Veeqo, said: “It’s fantastic to see the UK Government taking much needed steps to invest in the growth of the UK’s tech scene outside of London, through the form of six new digital centres.

“It’s amazing that one of them will be opening in Swansea because we have so much talent here in terms of technology. You only have to look at the Tech Nation report earlier this year, which ranked South Wales as one of the UK’s fastest growing tech clusters.

“My own tech start-up, Veeqo, has benefited greatly by being involved in the local tech scene to help us hire great talent from the local universities.”