While the rest of the UK was up in arms about the granny tax and VAT on pasties, one particularly interesting piece of the budget announcement slipped by largely unnoticed.\nGranted, computer games probably don\u2019t command the same level of interest from our average Daily Mail reader, but the announcement that the government was extending the tax breaks\u00a0it affords the film industry into the animation and gaming sectors was probably the only measure George Osborne introduced that actually took anybody by surprise.\nAt last, I thought, someone up there among the powers that be has understood the concept of investing in technical innovation.\nHowever once I had the time to digest the news a little more my joy rapidly became frustration.\nWhy just the gaming and animation industries? What about technology innovation in other areas? The answer, of course, is obvious.\nThe average voter is going to appreciate the fact that Wallace and Gromit aren\u2019t going to be emigrating any time soon, and they can cheer the fact that Downton Abbey doesn\u2019t have to move its filming to a Bulgarian mansion.\nCall me a cynic but name a politician who doesn\u2019t have one eye on the opinion polls.\nI find this very frustrating. I recently became a partner in an organisation called Capitalise.\nWe are a small group of investors who are focused on finding, investing and supporting the very best of the UK\u2019s innovative new startups in the business-to-business technology space.\nAs regular readers might have noticed, this is something I am passionate about, not just because it\u2019s an area that excites me but because I firmly believe that it\u2019s here that we will find the engines of UK economic growth in the future.\nIt\u2019s nothing new, we have always been great at inventing things but politicians need to realise that yearning for the good old days when we built things in factories is not going to turn the economy round.\nWe need to create a new manufacturing industry focused on software and technology and we need to support it with tax breaks and investment to ensure the next generation of technologists doesn\u2019t feel it has to go elsewhere to find the support they need.\nThe technology industry already has a significant skills shortage (which in itself could be blamed on the lack of support for technology and software development at schools level) so the last thing we need is further brain drain.\n\nI don\u2019t want to be overly negative. There are signs that the need to support this industry is being taken seriously in some quarters.\nThe Technology Strategy Boardset up in 2008 runs some excellent events designed to bring business, government and academia together as a catalyst for innovation.\nHowever, a lot of the work the board is doing is focused on healthcare and life sciences.\nLaudable no doubt and certainly an area that needs focus but I would like to see the same level of focus and commitment in supporting the companies that have the potential to be the next Facebook, Google or Apple.\nThere are some useful mechanisms in place to give investors incentives to get involved such as the Seed Enterprise Investment Scheme, but these are about encouraging others to get involved rather than providing direct support for startups from the government.\nTalking of Facebook, the company\u2019s recent acquisition of Instagram (although not B2B I admit) is an amazing example of how in the US an idea can develop from a thought to being worth $1bn in the blink of an eye.\nThere is no reason why Instagram couldn\u2019t have been British. Next time I hope it will be.\nI don\u2019t want to lay the blame for this solely at the feet of successive governments. Business itself has a role to play in supporting our startups.\nIn the last article I talked about how and where CIOs can find innovation and the fact that they need to go look for it outside of the usual places.\nAside from this being a critical part of the CIO\u2019s role moving forward, it is also incredibly important for the economy.\nCIOs can help by setting up apprenticeship schemes, investing in the youth of today, giving them technology skills that will help create a new type of high-tech manufacturing industry as well as providing opportunities for startups to show what they can do.\nNot only are these the companies that could provide the technology that sets your company apart from the rest, but by supporting them you are supporting the UK economy and a strong economy is good\u00a0for everyone.