![](https://www.factotum.com/wp-content/uploads/2024/03/BLOG-SIZE-IMAGES-3-870x410.png)
The UK’s technology sector, a vital cornerstone of its economy, was brilliantly showcased at the prestigious Go:Tech Awards. This event celebrates the nation’s tech pioneers and innovators, drawing together professionals, investors, and entrepreneurs to highlight the dynamic and vibrant nature of the UK tech industry. With over 1.7 million people employed and contributing more than £150 billion annually, the impact of this sector is both profound and expansive.
It was an incredible honour to present the Fintech Business of the Year award at the Go:Tech Awards to True Potential. It underscored the robust ecosystem that nurtures continuous innovation, supported by the UK’s leading business incubators, universities, and technology associations. These collaborations are essential for driving economic growth and technological advancement.
The UK’s leadership in the European tech sector, with a market valuation exceeding $1 trillion, was evident in the energy and ambition at the awards. The event mirrored the expansive tech landscape in the UK, which has fostered nearly 400 high-growth startups since 2000, each adding fresh ideas and innovations to the market.
The Go:Tech Awards truly capture the essence and strength of the UK’s tech industry, emphasising its key role in driving economic growth, spurring innovation, and reinforcing the UK’s position as a leader in the European tech scene. Watching this sector evolve, and the continuous innovation it brings is always exciting. Congratulations to all the deserving nominees and winners for their outstanding contributions.