The UK's fastest growing sector has given its support to the campaign to remain in the EU, with 70% of tech firms insisting that EU membership is good for British business.
A survey of small and large tech businesses, conducted by techUK, found that 70% support the UK remaining in the European Union. Just 15% of those surveyed wanted a Brexit, while 15% said they were undecided.
Julian David, CEO of techUK said: "UK tech is thriving, creating jobs almost three times faster than the rest of the economy. The vast majority of our members say that being in the EU supports growth. Open markets and cooperation are good for business. This is not about fear, it is about opportunity - a market of 500 million consumers."
techUK members supportive of remaining in the EU said membership makes the UK more attractive to international investment (76%), gives companies a better deal on trading relations (75%), and makes the UK more competitive globally (71%). More than four in 10 (42%) said the UK would create more jobs as part of the EU.
Nearly three quarters (73%) said a Brexit would create more risk and uncertainty for their business. Just under a third (65%) said it would make the UK less attractive to foreign investment. Fifty-eight per cent said it would give the UK less influence on global issues impacting their business, and 55% said it would make international trade less favourable.
Regardless of their position on the referendum, the majority of the tech sector agree that membership of the EU is good for business. A clear majority (69%) of all those surveyed said key EU policies have a positive impact on their ability to buy and sell and invest (64%) in Europe. Just 3% of all respondents said EU membership had no or negative impact on their ability to invest and do business across Europe, and only 3% thought that EU trade policies had a negative impact on their ability to trade outside of the EU.
Mr David said: "Most of these companies, large and small, have customers and or suppliers across the EU. They are saying they will still have to comply with EU rules, whatever the UK decides on 23 June. A British exit would mean the UK giving up control over how those rules are set. That could put UK businesses at a real disadvantage."