London business shortlisted for UK StartUp Award 2024

GOTHENBURG, Sweden - March 27, 2024 - PRLog -- London-based startup Caustaza Group LTD has been named a finalist ahead of the London final of the StartUp Awards.

The UK StartUp Awards was launched to recognise the booming start-up scene across the UK which has accelerated over the last few years with over 900,000 new businesses founded in the UK in 2023, a 12% increase from the year before.

Over 900 businesses have been shortlisted for this year's UK StartUp Awards and the contribution of these firms - all of which were started in the last three years - is significant, having created nearly 6,000 new jobs since they were established and generating annual sales of £480 million.

Caustaza Group LTD is an an innovative development agency founded by Abdelkhalek Bakkari in 2020. The business has been nominated for the AI StartUp of the Year Award in London.

Abdelkhalek Bakkari, founder of Caustaza Group LTD, said: "Being shortlisted for this prestigious award is a true testament to the hard work and dedication our team has poured into our AI-driven solutions. It's an honor to be recognized among the top players in the industry, and it reaffirms our commitment to driving innovation in the tech space. This moment is a milestone for [InnovateTech], and it fuels our passion to continue delivering cutting-edge products that empower our customers and lead the way in artificial intelligence."

Supported nationally by ScoreApp, GS1 UK, Starling Bank, OVHcloud, GiftRound, Airwallex, the programme will celebrate the achievements of the amazing individuals who have turned an idea into an opportunity and taken the risk to launch a new product or service.

The cohort of finalists will be considered for the regional prizes by a panel of seasoned judges with experience founding or supporting entrepreneurial ventures. The winners from each region will then be invited to the first UK final taking place at Ideas Fest, the Glastonbury for Business festival in Tring, Hertfordshire on 12th September 2024.

Professor Dylan Jones-Evans OBE, the creator of the UK StartUp Awards, said:

"​​Start-up businesses are the lifeblood of any economy, being responsible for new jobs, innovation and wealth creation across the UK. All the finalists this year represent the best of those entrepreneurs who have spotted an opportunity and through their sheer hard work, talent and perseverance, have created amazing new businesses that are creating real impact in their sectors. Building on the success of previous years, we are now looking to identify the 'best of the best' with all the finalists who win their category in their region going on to represent their region at the first ever UK National StartUp Awards final later this year".

This year's regional UK StartUp Awards finalists can be found online at https://startupawards.uk/