Lord Mayor of London visits Welsh tech scene

Peter Estlin, the Lord Mayor of London, recently embarked on a trip to Wales to learn about the country’s growing technology scene and boost economic ties.

Last week, he met with seasoned technology entrepreneurs Chris and Gaile Griffiths – founders of OpenGenius and Tec Marina – to gain an insight into the thriving Welsh tech sector.

Networking with business owners and CEOs at the Penarth-based co-working space, Estlin explored ways of strengthening links between Cardiff and London.

As the 691st Lord Mayor of the City of London, Estlin regularly travels across the UK and promotes the nation as a hotspot for global investment – particularly innovation and technology.

The Lord Mayor said: “I am delighted to be visiting Cardiff and meeting a number of key business leaders to discuss the challenges and opportunities facing our two cities. Cardiff is an innovative hub with an increasingly vibrant financial and digital offer.”

Located in Penarth Marina, TecMarina offers 20,000 sq ft of. hi-tech, creative office workspace for technology businesses. It’s also the headquarters of software firm OpenGenius.

This trip comes as a recent report by the think tank Centre for Cities and the City of London Corporation named Cardiff the UK’s leading city for financial services exports.

According to the research, more than half (54 per cent) of Cardiff’s total exports are financial services. They make up 81 per cent of the city’s services exports, too.

In April, the City of London Corporation doubled the resources involved in its regional strategy, which will help to build the relationship with cities like Cardiff.

Gaile Griffiths, operations director at OpenGenius, said: “We’ve built a small piece of Silicon Valley here in Wales and we were delighted that the new Lord Mayor of London chose to visit OpenGenius, the team behind the development, and to meet many of the other fast-growth businesses located here in Tec Marina.”