Global Tech Talent Endorser is to shut down by the end of March

End of the Tech Nation Era

After over a decade of serving the UK scale-up tech ecosystem, Tech Nation announces it will cease operation from 31st March 2023, leaving the future of both the UK’s existing Global Talent visa and proposed tech visa schemes uncertain.

This is a direct result of the UK’s Department for Digital, Culture, Media, and Sport (DMCS) withdrawing their grant funding, which Tech Nation has been relying on to run its accelerators, reports, and visa programmes. The DMCS has now decided to grant the £12 million funding to Barclay’s tech incubator Eagle Labs. Eagle Labs has worked with start-ups across the UK since 2015.

Tech Nation emphasised that it is “not viable” to run its operations without government funding, as it is structured as a non-profit and public interest company.

Tech Nations Legacy

Tech Nation is a non-profit organisation which has helped champion and support over 5000 start-ups in the UK.  It has worked with nearly a third of the country’s unicorn companies and had run the Global Tech Talent Visa.

Alumni include many of Britain’s most successful tech companies including Monzo, Deliveroo, Depop and Skyscanner to name a few.

It has helped drive the UK tech sector to be the number one in Europe and third globally (after US and China).

In light of Tech Nation’s planned closure, 415 tech industry figures signed an open letter calling for the decision to be reconciled.

What happens now?

Tech Nation is the official Home Office designated endorsing body authorised to endorse individuals with expertise in technology under the Global Talent Visa. This visa enabled ‘exceptional’ talent from around the world to live and work in the UK. This allowed oversea tech figures to contribute their cutting-edge expertise putting the UK at the forefront of international tech arena. Tech Nation has notified the Home Office that it will also cease to be an endorsing body.

It has yet to be confirmed who will be taking over Tech Nation’s role in administering the UK’s Global Talent Visa, leaving the future of tech strand of the visa uncertain. However, it has been reported that the Home Office is working closely with Tech Nation to explore long-term solutions.

With the removal of the grant funding, the UK will have to consider new mechanisms to continue their race to be the next Silicon Valley.   

About Us

Queensbury is an award-winning, international, multidisciplinary law firm with offices in the United Kingdom, China, Dubai, and Spain. Queensbury provides expert advisory support to all types and sizes of businesses, entrepreneurs, and individuals. From legal and strategic support to delivering projects and change, we can support our clients through their growth.

We appreciate that the process of moving to the United Kingdom can seem quite daunting which is why we will be able to assist you through the process. Our lawyers will guide you through the process of the relevant visa. We will provide you with resources and step-by-step assistance for a seamless transition into the UK whether that is for yourself, an employee, or your business.

For a free consultation, contact us at info@thequeensburygroup.com

What is the Global Business Mobility Visa?

In July 2021, the Government published its UK Innovation Strategy which detailed several new immigration routes. This included the Global Business Mobility Visa which is set to be introduced in Spring 2022 and promises to provide a visa route allowing overseas businesses greater flexibility in transferring migrant workers to the United Kingdom to establish and expand their business.

The route aims to accommodate overseas entities and innovative companies in a post-Brexit and post-pandemic world. The Government hopes that providing greater flexibility and improving business mobility, would give the UK a competitive edge to compensate for the loss of free movement following Brexit.

What does it intend to replace?

The new Global Business Mobility visa intends to build upon the existing framework and consolidate several visa routes into a single route, including the Intra-Company route and the Sole Representative of an Overseas Business Visa.

By building on the framework of these routes, it would make it easier for overseas businesses to establish a presence in the UK and assign migrant workers.

In addition, the Global Business Mobility route is expected to include new provisions concerning import and export-related secondments.

How will the Global Business Mobility Visa look like?

The new route will enable overseas businesses, with no presence in the UK, to temporarily send an assignee (i.e., an employee) to the UK for a specific corporate purpose.

The assignment will be classified into five categories:

  • Graduate Trainee
  • Secondment Worker
  • UK Expansion Worker
  • Service Supplier
  • Senior or Specialist Worker

In order to qualify for the route, the applicant will need to satisfy several requirements including; the UK receiving business shall need a sponsor licence and provide sponsorship; there must be an existing relationship between the overseas sending business and the UK receiving business; the appropriate skills and financial thresholds are met; the worker must be an existing employee with a minimum length of employment overseas; assignments will be temporary but flexible (i.e. they shall have the chance to switch into a permanent route) and there will be no English language requirement.

Any Senior personnel and key users of the service must undergo criminality checks.

How can my business prepare for hiring talent under the Global Mobility Visa?

A sponsorship licence can be obtained from the Home Office, which aims to make a decision within 8 weeks. Priority service is available which reduces the processing time down to 10 working days. 

Queensbury has notable experience in helping businesses of all sizes and in various industries successfully secure a sponsorship licence. To find out more on how your business may benefit from being a sponsorship licence holder, contact us today or book a free consultation via. info@thequeensburygroup.com.

The information in this article is for general information purposes only and does not purport to provide legal advice. Whilst we try to ensure the information and law is current as of the date of publication it should be emphasised that, due to the passage of time, this does not necessarily reflect the present legal position. The Queensbury Group accepts no responsibility for loss which may arise from accessing or reliance on information contained in this news article. For formal advice on the current law please don’t hesitate to contact Queensbury. Legal advice is only provided pursuant to a written agreement, identified as such, and signed by the client and by or on behalf of Queensbury.