Tech Nation, the UK’s leading tech organization, has been acquired by the Founders Group (FF Group), a venture founded by Brent Hoberman in 2005.
Despite the acquisition, Tech Nation will not remain the endorsing body of the UK Talent Visa for long. Tech Nation lost a bid for government funding to Barclays Eagle Labs, which prompted it to shut down its operations.
However, it continued to oversee Global Talent visa applications through its website to minimize disruption to the service.
Tech Nation is now working with the U.K Home Office to find another organization to take on its role as an endorsing body for the Global Talent visa, but it will continue offering the service in the meantime.
The FF Group, which comprises the Founders Forum, Founders Factory, and Firstminute Capital, plans to build on Tech Nation’s achievements by relaunching Tech Nation programmes and reports on the UK tech sector as part of its existing portfolio of events and services tailored to entrepreneurs.
Hoberman founded the FF Group in response to the lack of credible, peer-to-peer European entrepreneur networks to rival those that existed in Silicon Valley.
The Tech Nation acquisition is expected to further strengthen the FF Group’s commitment to supporting tech entrepreneurs and startups in the UK, especially as a third of the U.K.’s tech unicorns passed through at least one of Tech Nation’s growth programs.
Under the ownership of the FF Group, Tech Nation is well-positioned to continue its mission of nurturing tech entrepreneurs, fueling the growth of startups, and fostering innovation within the UK tech ecosystem.
Leveraging the expertise and resources of the FF Group, Tech Nation is poised to make an even greater impact with its programs and initiatives, benefiting the entire UK tech community.
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