Companies need to be based in London and have a foothold in the US to succeed

Dispelling the myths

"There’s a positive ‘viral’ effect that builds in the clusters. An ecosystem develops that fosters growth and focus and can help attract interest from funders."

Entrepreneur

"We want to know scale can be achieved, and quickly… Aiming to be No 1 in France is not enough. By the time they’ve cracked France, someone else will have cracked Germany and the whole thing will be lost."

Investor

Many countries have tried to emulate the “perfect storm” conditions that created Silicon Valley in order to support technology and innovation.

We look at the relationship between location and access to clients and markets and funding opportunities. We also look at which territories UK companies predict will have an impact on their decisions in the future.

Which markets are predicted to grow the most in the next 5 years?
Where is investment in my business likely to come from in the future?
Where are the talent pools I need to access in order to grow my business?

38% disagree

That for growing tech businesses within the UK, being in London improves your chance of success

Our report aims to stimulate debate and create a dialogue between investors and entrepreneurs. Click here to read the full report.

Location, location, location - What should you consider?

As advances in technology mean that the world effectively gets smaller, many argue that it does not matter where a business chooses to physically locate. However, our research has reinforced some widely held views about the top 5 factors that might help you reach that decision about where to start.

Local tax system – what incentives are available and how difficult is it to do business in your chosen home territory from a regulatory standpoint?
Location of your customers – if you’re not able to service them quickly and efficiently from your chosen location, will you be able to grow your business effectively?
Access to talent – from where will you source your key team members now and into the future?
Access to funders – does it help to be on the doorstep of potential providers of finance now and into the future?
General ecosystem of peer companies – clusters of like companies generate more than just a buzz and media headlines. How can you take advantage of the infrastructure and local knowledge whilst also keeping one eye on what your competitors are doing?