Nominations open for Top 100 Asian Stars in UK Tech 2024 list
Nominations have opened for the Top 100 Asian Stars in UK Tech 2024 list that celebrates the contribution made by British Asians to this country’s tech sector. As this year is the tenth edition of the list, it seeks to spotlight the societal impact of startup founders in sectors like HealthTech & ImpactTech.
Focus on HealthTech and ImpactTech
“As we celebrate the tenth anniversary of the Top 100 Asian Stars in UK Tech list, empowered by having the entire Asians in Tech initiative independently assessed by a Cambridge Venture Project (CVP) team from the University of Cambridge Judge Business School, we decided to look at the societal impact nominees are having in the world via the introduction of an ImpactTech category for this year,” said Lopa Patel MBE, Chair of Diversity UK, who has helmed the initiative since its inception.
“The findings of the CVP team highlighted that the Asians in Tech initiative inspires, empowers, and connects founders; helping them get funding and support. The CVP team also focussed their in-depth research on the healthtech and life sciences sector, finding that nominees in the sector demonstrated two important positive economic indicators. Firstly, the number of years before a (healthtech) start-up receives their first funding has been reducing, and secondly, healthtech start-ups have been hiring employees in addition to the original founders.
“The CVP insights are illuminating in that they show the hard-to-measure impact and correlate it to a sector that is very important for the UK, so HealthTech as a category is returning for the fifth year in the Top 100 Asian Stars in UK Tech list.” added Lopa.
“Our mission is to improve diversity and inclusion in Britain, and we were pleased to have focused the attention of policymakers and the media on the challenges faced by ethnic tech entrepreneurs. The sector has not only grown, making the UK the third largest tech ecosystem in the world and first in Europe, but innovators have focused on the most pressing global challenges; from climate change and health tech to harnessing the power of Generative AI.”
“In last year’s list, the mix of technologies like AI (6%), Greentech (6%) and FinTech (8%) were well represented alongside Business (15%), Investors (18%), the HealthTech & Life Sciences sector (22%) and the evergreen Start-ups (25%) categories” commented Lopa, “and in addition to ‘holding their own’ in the list for a third year at 48%, the Top 5 Investors 2023 were all women! Last year was also a bumper year with 30 Asian Tech Pioneers being honoured for their leadership of change and support for the tech sector and entrepreneurial ecosystem. I can’t wait to see what the 2024 nominations bring”.
Nominations are now open at https://asiansintech.com/nominate/ and will close on 19 May 2024. The Top 100 Asian Stars in UK Tech list will be published in July 2024 on this website.
The aim is to showcase the wealth of talent on the British digital scene; from startup founders, creatives, social entrepreneurs, technologists, venture capital and angel investors to the policy makers and game changers. The key objective is to address the perceived lack of diversity in the tech sector by highlighting the business models, innovation, funding and support networks being created by these Asian digital entrepreneurs. Shortlisted nominees not only gain considerable media attention, they also make valuable connections to help fund or scale their business; are part of a network of innovators; can pitch their ventures at Tech Showcases; are recognised in industry publications and go on to win other competitions and awards.
Top 5 Categories
In addition to the Chairman’s Award (selected solely by the Chair of the Judging Panel) and Asian Tech Pioneers Awards (selected by the Judging Panel); Top 5 individuals are highlighted in the Top 100 Asian Stars in UK Tech list in five categories.
The Top 5 categories for 2024 are:
- Business (incl. B2B, B2C, EdTech, FinTech, InsureTech, IoT, Proptech, Retail, RegTech etc.)
- HealthTech (incl. Life Sciences, Medtech, Wellbeing and Health-related tech businesses)
- ImpactTech (incl. AI, ESG, Climate Tech, GreenTech, Energy, Social Enterprises, Tech for SDGs) *
- Investors (incl. Accelerator, Incubator, Angel Investor, PE, Venture Capital, Corporate Investor)
- Startups (entrepreneurs who have set up in the past 5 years or so)
* In previous years we have chosen to showcase Digital Influencers (2015), Social Entrepreneurs (2015), EdTech (2016), FinTech (2017 & 2023), Creative Industries (2018), Sustainability (2020) GreenTech (2021), AI (2022) and Life Sciences (2022).
Eligibility Criteria
To avoid disappointment and for inclusion in the Top 100 Asian Stars in UK Tech list, individuals must comply with eligibility criteria, the full details of which are available at https://asiansintech.com/eligibility-criteria-2024/
Nominations
Individuals can nominate themselves or other eligible candidates via the website. Nominations close at midnight on 19 May 2024. https://asiansintech.com/nominate/
Judges
A panel of expert judges then shortlist the final Top 100 for inclusion on the list, which will be published online in July 2024 on this website.
