By Claire West
The Minister for Universities and Science David Willetts hosted a Christmas clinic with Shoreditch’s leading technology entrepreneurs at Tech Hub last night.
The event marked the first of a series of clinics where entrepreneurs will come face-to-face with Government Ministers, technology specialists and trade advisers to discuss issues such as access to finance, barriers to growth, product pitches and mentoring.
David Willetts said:
“Just over six weeks ago, the Prime Minister said he wanted to transform London’s East End into one of the world’s leading technology centres. This event is an important step in making this commitment a reality. These clinics are a vital ingredient to help entrepreneurs and tech start-ups to grow and thrive.
“In the New Year, UK Trade & Investment will set up regular drop-in clinics so that technology start-ups get the help they need from Government to develop their business here and internationally.”
Anthony Browne, the Mayor's Economic Development Advisor said:
“Entrepreneurs are vital to London's economic growth. In our city, we have a truly unique combination of global strengths in the creative, scientific and financial sectors.
“East London in particular is fast becoming a hub for innovation in this sphere and the Mayor will do all he can to support both start-ups and established firms to develop further London’s reputation as a leader in the digital world. We are here to help and we are also here to listen.”
UK Trade & Investment has established the Global Technology Taskforce which is recruiting the very best technology companies and talent to Britain.
Vodafone, Google, Facebook, Intel and Silicon Valley Bank are among the leading companies that have committed to invest in the UK.
The UK’s ICT sector is one of the liveliest in the world. It employs more than a million people and contributes more than £66 billion to the UK economy.
The Government is committed to creating the right environment for technology businesses. This includes:
• Creating a new Entrepreneur Visa for entrepreneurs backed by UK investors.
• Carrying out an independent review of the intellectual property framework.
• Looking at ways to remove barriers to growth in the digital and creative industries.
• Launching a new ‘peer to patent’ system to make it quicker and cheaper to register a new patent.