If you’d like to keep informed on emerging technologies, the technology team at the Department for International Trade is delivering a number of events around the globe this year, with the Science and Tech Superpower Showcase 2022.
Key UK assets
London
London ranks fourth in the world for tech venture capital investment, with $10.6 billion invested in 2020. It’s home to a cluster of technology companies known as ‘Silicon Roundabout’, including Facebook, Intel and Google.
It’s also home to research institutes such as Imperial College London and University College London.
Thames Valley
Thames Valley is often referred to as the ‘Silicon Valley of Europe’. It is a technology hub centred around Reading and stretching as far as Swindon, Oxford and West London. The area contributed £10 billion in turnover in 2019 - 2020 to the UK economy.
The region has over 8,000 tech companies, including Microsoft, with their UK headquarter based at Thames Valley Business Park. It’s also a strong research and development base, with world-class universities such as the University of Oxford.
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If you’d like to preserve knowledgeable on rising technologies, the technological know-how crew at the Department for International Trade is turning in a variety of occasions round the globe this year, with the Science and Tech Superpower Showcase 2022.
Key UK assets
London
London ranks fourth in the world for tech mission capital investment, with $10.6 billion invested in 2020. It’s domestic to a cluster of technological know-how corporations acknowledged as ‘Silicon Roundabout’, such as Facebook, Intel and Google.
It’s additionally domestic to lookup institutes such as Imperial College London and University College London.
Thames Valley
Thames Valley is frequently referred to as the ‘Silicon Valley of Europe’. It is a technological know-how hub centred around Reading and stretching as a long way as Swindon, Oxford and West London. The vicinity contributed £10 billion in turnover in 2019 - 2020 to the UK economy.
The location has over 8,000 tech companies, inclusive of Microsoft, with their UK headquarter based totally at Thames Valley Business Park. It’s additionally a sturdy lookup and improvement base, with world-class universities such as the University of Oxfords
provides academic leadership. World-class institutions such as the University of Cambridge and Imperial College London are amongst its members.
Business and government support
Support is available in the form of a knowledge transfer partnership. This is available to firms of any size based in the UK. The partnerships are provided by UK Research and Innovation, which provides grants to help businesses innovate, grow and develop, and connects companies with academic partners to address innovation challenges.
The Science and Technology Facilities Council (STFC) drives innovation in the technology sector by bridging the gap between businesses and pioneering science. It offers support to tech start-ups by offering business incubation programmes, providing the access to facilities, expertise and networking events.
of all kinds.
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UK tech captured more than a third of the total (£89.5 billion) investment into Europe in 2021, with £29.4 billion raised by UK start-ups and scale-ups. With more money than ever flowing into UK tech – £29.4 billion in 2021, up from 2020’s £11.5 billion – almost £9 billion of all venture capital invested went into start-ups and scale-ups outside London and the South East. The regions are home to nine of the 29 unicorns formed in 2021.
The combined value of UK tech companies founded since 2000 is now £540 billion, after the biggest year-on-year increase since 2013/14. The UK is more attractive to international investors than ever, with 63% of tech investment in 2020 coming from overseas, up from 50% in 2016.
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