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Virtual Technology Cluster Group: The VTC Group

London Tech Players
London Tech Players

The Virtual Technology Cluster Group (“The VTC Group”).

Business and technology networks are a fast growing reality and are proliferating worldwide. In the UK, in special with the rising star of the London tech city fast growing global stardom, tech networks has been shining and are now bringing new business for both startups, SMEs and big corporations.

A cluster established by leading industry experts and investors, The Virtual Technology Cluster Group’s (“The VTC Group”) is a model that enables major multi-national companies to attract emerging and disruptive technology innovators (“VTC Members”) into their supply chain.  VTC Members are offered revenue opportunities by the Sponsors, access to advisers providing expert scale-up services and networking opportunities, and support from the Academic and Investment communities.

In March 2015 the first VTC, focused on UK cyber security IP, services, and information communications technology (ICT), was launched in association with Lockheed Martin, a global defence and security corporation. Membership currently exceeds 70 leading entrepreneurial IT businesses from startups through to publicly listed entities, all focused on revenue driven business growth.

The VTC Group is now creating a number of additional sponsored technology clusters focusing on different sub-sectors across the globe.

The launch of The VTC Group was done following the success of the Lockheed Martin VTC. Connecting large corporates to disruptive technology innovators and driving dynamic opportunities and demand for VTCs across multiple sectors.

The Virtual Technology Cluster Group, an organisation enabling multi-national companies to attract entrepreneurial IT companies into their supply chains, is official launching in March 2016.

Relevant Stats about Technology Transfer in UK
Relevant Stats about Technology Transfer in UK

Established by leading industry experts and investors, The VTC Group’s model enables disruptive technology innovators (“VTC Members”) to gain access to revenue opportunities offered by the Sponsors. There are advisers providing expert scale-up support, networking opportunities, and support from the Academic and Investment communities.

The first application of the VTC model – the Lockheed Martin Virtual Technology Cluster (“LM VTC”) – was launched in March 2015, with a focus on cyber security and information communications technology (ICT). Attracting co-sponsors such as EMC who joined in January 2016, the LM VTC now boasts in excess of 70 technology companies, with highlights including:
– More than 20 industry experts in fields such as accounting, legal, technical services and communications.
– Reciprocal support from Derby University, Crossword Cyber Security and Vision 2020 Network Ltd.
– Three member companies have provided support to Lockheed Martin R&D activities.
– Three member companies supported a recent Lockheed Martin winning bid.

StartUp Britain Geo Location, 70% of business out of London
StartUp Britain Geo Location, 70% of business out of London

Having established the VTC model, the LM VTC is now in its second year. Lockheed Martin will continue to help technology SMEs in the UK supply chain make connections and pursue opportunities, connecting its members to a growing number of industry experts providing advice and support in specialist areas.

The VTC Group has attracted significant funding from a number of high profile investors that will enable it to both build its own business by creating additional sponsored technology clusters in different sub-sectors across the globe, and to invest in opportunities produced within each VTC. It has appointed a number of senior executives and entrepreneurs to its Board to help guide the organisation.

The Chairman of The VTC Group is Ken Olisa, OBE, and the CEO is Auriol Stevens. The Board also includes Mike Kennedy, John Moore and Michael Wellesley-Wesley. James Lort is a Director and Head of Operations is Alexis Vickery.

On this subject Auriol Stevens, CEO, the VTC Group, commented:
“When we launched the first VTC last year, alongside Lockheed Martin, we were confident it would be a success. The quality of entrepreneurs, advisers and other supporters, combined with the opportunities for Members to compete for new business has meant that creating the VTC Group was an obvious next step. We see similar exciting opportunities and demand for VTCs in almost every sector we have researched and we will be launching the next VTC shortly.”

Hernaldo Turrillo
Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

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