UK’s tech innovation agency sees two new members appointed.
Business Secretary Vince Cable has announced that Douglas Richard and Hazel Moore have been appointed to the Technology Strategy Board, while Sir Christopher Snowden, Sara Murray, and Stewart Davies have all been reappointed. All involved will serve until June 2015 and collect remuneration of £9,180 per year.
"The Technology Strategy Board has an important role in our plans to create the best conditions for balanced and sustainable growth by stimulating advancing technology development and innovation. Doug Richard and Hazel Moore will build on the strong mix of business talent, insight and experience on the Governing Board," said Business Secretary Vince Cable.
Sponsored by the Department of Business, Innovation and Skills (BIS), the Technology Strategy Board is designed to ‘accelerate economic growth by stimulating and supporting business-led innovation.’ It launched the ‘Connected Digital Economy Catapult’ earlier this year.
Douglas Richard has 20 years experience in the techn sector and also featured the TV series of Dragons’ Den. He is an active angel investor and founder of the School for Startups. He was Chairman of the Conservative Party Small Business Task Force, and is a non-executive director of BrightPearl Software. Between 1996 and 2000 Richard was President and CEO of Micrografx, and founded Visual Software and ITAL Computers.
Hazel Moore is the chairman of FirstCapital, and comes from a background in advising technology companies on venture capital and private equity, mergers and acquisitions. Moore was previously based in Hong Kong and London for W.I. Carr and began her career with GEC Marconi.
TSB Chair and Cisco UK and Ireland CEO Phil Smith thanked the outgoing members.
"It’s great to be able to welcome such experienced and knowledgeable new members to the Board and to retain some existing strengths with the reappointments. The Technology Strategy Board is the UK’s innovation agency and so it’s essential that we have a rich and diverse pool of business expertise on the Governing Board. It’s our job to help ensure the organisation builds on its current strengths and continues to encourage innovation and business growth. I would also like to express my deep thanks to the outgoing members, Anne Glover and John Brown for their long and distinguished service," Smith said.
The Government has been pushing technology based businesses as part of its plan to redevelop the UK economy into Europe’s tech hub.