Trade Mission 2016 – day in Bristol with our hosting partner West of England LEP

Trade mission “Baltic Tech Companies & Future Municipalities” brought together a range of high-profile guests and entrepreneurs from Great Britain and Baltic states to share experiences and forge collaborations for the benefit of all participants.

Events of the second day of Trade mission took place in Bristol and were hosted by our partners West of England Local Enterprise Partnership. Morning reception and welcome remarks were followed by presentations, Q&A discussions and Panel discussion: Technology & Future Municipalities.

The most comprehensive analysis of the UK’s Digital Tech Economy publish by Tech Nation 2016 has revealed that companies in the UK’s digital and technology industry generated around £87bn for the UK’s economy between 2010 and 2014, with Bristol and Bath being the third largest economy (£8.2bn) and largest digital tech cluster in terms of productivity.

The UK’s first Smart Cities Index 2016 has named Bristol as the leading smart city outside London and leader in the UK for digital innovation, with Playable City recognised as a strong element of Bristol’s future city approach. Bristol is identified as one of only two cities in the UK named as a smart city Leader, the other being London. These two cities have set themselves apart from the others through their clarity, breadth and inclusiveness of their smart city visions and planning, and are leading the way in implementing significant projects at both the pilot and full-scale levels. Bristol is particularly strong in the digital innovation category, which evaluates the city’s strategy to develop and exploit digital technologies and services, scoring the top mark of 92 out of a possible 100 points. It also comes out top for stakeholder engagement, implementation of projects and delivery of the city’s digital strategy.

Innovation for the world’s future cities involves technological innovation including the application of rapidly advancing information and communications technology, sensing and data analysis – but also innovations in city – making processes involving new ways of delivering, financing and managing city systems. Innovation in architectural design, infrastructure planning, software applications, finance models and citizen engagement are all relevant to building the world’s future cities.

This panel session covered key aspects of new development within Technology and Future Municipalities, and how Baltic technology companies and municipalities can benefit from this. The panel also discussed how can local governments unlock economic opportunities? How can sharing and analysing data create value for cities? How the West England is creating a supportive infrastructure for tech clusters? Why Bristol is the right city for Tech companies and innovation growth?  And more.


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