By Marcus Leach
The Mayor of London Boris Johnson today (November 10th) heralded the capital’s emergence as Europe’s leading digital city as he revealed the creation of over 1000 high-tech jobs in the capital and the roaring success of London’s Tech City.
The number of companies locating in the new technology hub has nearly trebled since the beginning of the year.
Stretching from Shoreditch to the Olympic Stadium London’s Tech City, which celebrates its first anniversary today, is now home to 600 companies an almost threefold increase from the start of the year. In addition the Mayor’s promotional agency London and Partners has helped 130 new high-tech companies set up in the capital, 20 of them in Tech City, which has created over 1300 jobs.
The capital is already home to three times more software and IT companies than any other European City and has the largest cluster of venture capital backed companies outside the US. Access to huge markets, great connectivity, a skilled work force and proximity to other world class creative industries such as film, advertising and fashion are all key attractions for the growing digital economy in London.
Through his digital strategy the Mayor is working hard to strengthen the city’s appeal by improving digital connvectivy in the capital with the roll out of 4G ahead of 2012, freeing up London’s data enabling it to be transformed into apps, websites and mobile products and delivering digital skills to business by investing in hi-tech apprenticeships. More than 1,300 apprenticeship opportunities were created in this sector in the 2009/10 academic year.
“London’s is leading the charge on Europe’s digital boom. Across the capital hundreds of new technology businesses have emerged with an exciting cluster bursting into life in Tech City," The Mayor of London Boris Johnson said.
"I want to see London continue to shine as a beacon for the world’s best creative minds and entrepreneurs so that this emerging sector benefits the whole of London, delivering new skills, jobs and investment.”
Join us on