New visa schemes intended to attract leading tech talent to the UK are under fire with three endorsing bodies pulling out.
The visas have been branded “not fit for purpose” by tech industry’s trade body, following the decision by partners to abandon the schemes.
The startup and innovation visas were launched last spring. Under the terms of the schemes, applicants are required to seek training in UK-based accelerator schemes run by accredited endorsing organisations.
But four of the 30 endorsers have pulled out during the last quarter. Russ Shaw, of the tech trade body Tech London Advocates, told The Times: “The intentions are right but the implementation has not been fit for purpose.”
This morning we reported that a group of leading quantum computing experts have led an exodus from the UK in favour of Silicon Valley.
The scientists left Britain to found an ambitious quantum startup, reportedly believing that they could more easily secure funding in the States.
The news will deepen concerns that the UK is not working hard enough to attract and retain top talent in the tech sector.
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