Barriers to growth, funding availability, economic prospects, and the challenges of Covid-19 are some of the areas highlighted in a new survey of the region’s tech sector.
Bishop Fleming carried out the Technology, Innovation and Growth sector survey, in partnership with Tech South West.
The findings, which can be read in full here, show current sector sentiment and trends, as well as the impact of Covid-19 and the lockdown, and have been analysed against the Tech South West pre-pandemic survey carried out late 2019 / early 2020.
Pippa Clarke, Head of Technology, Innovation and Growth at Bishop Fleming, says: “The survey results show that whilst the sector isn’t immune from the impact of the current situation, it is strongly resilient. It is of no surprise to me that good quality relationships continue to be important, both in terms of access to trusted advice and looking after the wellbeing and morale of the team in challenging times”.
Dan Pritchard, co-founder of Tech South West, said: “It’s a tough environment right now which is why I’m heartened to see plenty of positives. The tech sector is incredibly adaptable but achieving sales and growth in a challenged economy is difficult. Innovation and decisive actions will deliver the best outcomes and that’s already well underway across the many different specialisms we have in the region.”
Bishop Fleming are hosting a series of webinars exploring the findings. The first is for start-ups on Thursday July 2. To find out more and to sign up, here.