1.
Gerard
Grech
CEO,
Tech
City
UK
@TechCityUK
@gerardgrech
September
2016
Developing
a

2. Who
are
we?
1.
programmes
|
2.
policy
convening
|
3.
advocacy
-­‐
Founding
stage
-­‐
20,000+
UK
sign-­‐ups
-­‐
17,000+
in
training
-­‐
Later
Stage
-­‐
£1.2bn
raised
-­‐
£1.bn
on
the
LSE
-­‐
10
acquisitions
Most
comprehensive
annual
analysis
of
the
UK’s
Digital
Tech
Economy
-­‐
Mid
stage
-­‐
Mentorship
program
-­‐
£180M+
raised
Accelerating
digital
growth
across
North
of
England
Concierge
service
for
fast-­‐growth
US
tech
companies
Dedicated
Visa
Scheme
for
hiring
digital
tech
talent
Alliance
between
the
UK’s
many
thriving
tech
clusters
Techcityuk.com
@techcityuk.com

3. 3
4
key
drivers
powering
the
UK’s
£89Bn
digital
economy
@techcityuk
@gerardgrech
Smart
Capital
Rich
ecosystem
Business &
policy
environment
Cri<cal
mass of
talented
people

4. 4
+2.8x
1.56M
UK
Tech
Jobs
Jobs
growing
41%
In
non-­‐digital
industries
like
educaGon
&
Finance
Faster
than
the
wider
economy
£50K
Average
UK
Tech
salary
+36%
Higher
than
UK
average
salary
1.
The
UK’s
tech
talent
pool
is
growing
fast
Source: Tech Na<on 2016 Report, Tech City Uk/Nesta
@techcityuk
@gerardgrech

5. 2.
$3.5Bn
Venture
Capital
invested
in
2015.
5x
more
than
2010.
More
funds
now
exist,
opening
up
new
opportunities

6. 8
3.
End-­‐to-­‐end
policy
conditions
for
tech
growth
are
ripe
>£2.75
Bn
latest
market
Cap
>£1.1
Bn
latest
market
Cap
4.
Corp
Tax:
17%
(joint
lowest
in
the
G20)
1.
Seed
Enterprise
Investment
Scheme
&
EIS:
50%
relief
on
capital
gains
tax
3.
Visas:
Entrepreneurs’
Visa,
Tech
Nation
Visa
2.
R&D
Tax
Credits:
fueling
innovation
5.
London
Stock
Exchange
high
growth
segment
@techcityuk
@gerardgrech
>£1.75bn raised via EIS
and SEIS in 2014-­‐15

7. 4.
Rich
Ecosystem:
>60
UK
tech
accelerators,
>100
co-­‐
working
spaces
&
50+
tech
business
support
orgs
@techcityuk
@gerardgrech

8. 38
ROUNDS
£1.5
Bn
RAISED
+
£1.22
Bn
RAISED
FROM
5
IPOs
+
10
ACQUISITIONS
In
the
last
24
months…
Good
conditions
create
great
companies
@techcityuk
@gerardgrech

9. 9
This
is
why
40%
of
‘$1bn
valued
tech
companies
are
in
the
UK
and
the
digital
economy
is
growing
32%
faster
+32%
than
the
wider
UK
Economy
Growing
Source: Tech Na<on 2016 Report, Tech City Uk/Nesta
*based on 58K iden<fied Digital Businesses
@techcityuk
@gerardgrech
&

10. |
Thank
you
for
listening.
Don’t
forget
to
check
the
Digital
Business
Academy.
Good
luck
today
&
tomorrow.
Gerard
Grech,
CEO,
Tech
City
UK
www.techcityuk.com
@techcityuk
@gerardgrech