Wednesday, June 27, 2018 –
3:07pm
British tech start-ups flourish as
investors pile in
Self-driving cars get £30m bump
start
The UK’s “compassionate technology” sector is bigger than that
of the rest of Europe combined, new research suggests.
Companies working in the sector use technology to support
vulnerable people, such as those suffering from loneliness, poor
mental health or inadequate social care. According to Public, an
organisation which supports tech start-ups in the UK, it’s a
business worth £7bn in Britain alone.
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Examples of compassionate tech in practice include Beam, a
company founded by entrepreneur Alex Stephany. Beam uses social
media to find sponsors and match them with homeless people in need
of help. It’s not a charity, and for every £10 it receives, it uses
£1 which to fund its operation and pay salaries for staff.
One of its beneficiaries, Davina, who had been homeless for
seven years, is now “training to become an accountant” after Beam
raised £2,320 for her in just nine days, the BBC reports.
Other compassionate tech firms include No Isolation, which
designs computer technology that helps elderly people to stay in
touch with relatives and friends, and GP at Hand, which seeks to
ease the burden on the NHS by helping people book appointments on
smartphones.
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