The cluster of around 1,300 technology companies in London’s ‘Tech City’ is quickly growing. Young entrepreneurs with niche expertise are hoping to lead the way in boosting the economy through innovations in cloud, mobile and IT sectors.
IT departments often rely on new innovations to solve problems, enhance processes and drive businesses forwards. There are some fantastic opportunities for rising tech start-ups to deliver big ideas and fresh innovations, if they can just increase their brand visibility and build up sales. Many tech start-ups lack the skills to sell themselves as the big global names of the future, but do tend to benefit from having greater flexibility, which is one way to beat their more established competitors.
Investment in tech start-ups is a key priority for the UK government. They have backed London’s Tech City Investment Organisation, which supports local start-ups looking to expand and connects them with potential investors.
London is currently leading the start-up job market with 34% of all current positions. According to Silicon Milkroundabout, 67% of tech workers would be easily persuaded to join a start-up company. Job satisfaction and learning opportunities are high on the priority list of many young tech workers, which is ideal for the tech start-up industry.
Why would you consider joining a tech start-up?
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