"I'd like to see Mr Osbourne committing to offering 'innovation incentives' in his budget speech in the shape of grants and subsidies to organisations that are able to demonstrate that they are safeguarding the next generation of IT skills," said Drew.
Gary Calcott, technical product manager at Progress Software, added that many of the nation's small businesses lack the skills they need to drive innovation.
"It's clear that programming language skills need to be on the curriculum and taught in schools if we want to encourage the next generation of developers," said Calcott.
"The only way for Britain to be a genuine innovation leader in the years to come is if the government can produce and integrate world-class developers throughout the country's small businesses. This in turn will reduce our economic dependency on the banking industry."
Intellect, the trade association for the UK tech sector, has outlined a three-point plan for profit ahead of the budget, calling on the government to incentivise large technology firms to nurture young businesses, encourage lending, and allocate ring-fenced apprenticeships funding.
The organisation said the Chancellor must take decisive action to tip the scales in favour of growth and support the upsurge of tech in the UK if the country is to avoid a triple dip recession.
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