// INDUSTRY INSIGHT //

Historically, many promising UK technology businesses have either moved overseas or been acquired before reaching their full potential. While acquisitions can be positive, we should also be creating an environment where ambitious British companies can continue growing independently, retaining valuable intellectual property and creating high-skilled jobs at home.

At Memorify, we are committed to scaling internationally while remaining headquartered in the UK. We are already preparing for international expansion, but we see no contradiction between being a global company and a proudly British one. In fact, I believe Britain ' s openness, talent and reputation for innovation are competitive advantages on the world stage.

Britain has the ingredients that founders need: exceptional talent, world-leading research, a growing innovation ecosystem, supportive funding programmes and evolving capital markets. The opportunity now is to turn those strengths into a generation of globally significant companies.

THE FUTURE OF BRITISH TECHNOLOGY SHOULD NOT SIMPLY BE ABOUT CREATING THE NEXT UNICORN. enormous potential for smaller, innovative companies to create entirely new categories of products and services. We are building what we believe is a new category of memory technology – using AI not to keep people endlessly scrolling, but to help them reconnect with moments that matter.

The UK is uniquely positioned to support this kind of innovation because it combines scientific excellence with entrepreneurial ambition. It is a place where founders can develop original intellectual property rather than simply repackaging existing technology. It is a place where businesses can think globally from day one.

The next challenge for Britain is ensuring that more companies can scale here for the long-term.

If the UK is serious about leading the industries of the future, then backing innovative SMEs must remain a central part of that ambition. One year after the launch of the UK’ s Modern Industrial Strategy, businesses like Memorify show what can be achieved when entrepreneurs are given access to the right support. Grants, R & D incentives and innovation funding do more than help companies grow; they enable founders to pursue ambitious, long-term projects that might otherwise struggle to attract early investment. In a rapidly evolving global economy, fostering this type of innovation will be critical to ensuring the UK ' s next generation of technology companies can be built, scaled and retained here at home.

The future of British technology should not simply be about creating the next unicorn. It should be about creating companies that solve real problems, improve people ' s lives and demonstrate that innovation driven by purpose can become a powerful engine for economic growth.

And there is no better place to build that future than the UK. �

Intelligent SME. tech

37