TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
Introduction to United Kingdom for Startups - Univ. Assignment
1. [ London, The City of Opportunity ]
Geonnam Park / Jinsoo Choi / Junyeong
Gil
2. Why London?
London, The City of Opportunity
Financial Support
Well-Organized & Extended Coverage Support: Future Fifty & UKTI
Business-friendly Environment
Administrative Convenience: Companies House
Solid Foundation
Technology Exchange & Educational Programs by Major Corporations
3. 1. Financial Support Program: Future Fifty
London, The City of Opportunity
“London is the City
for Entrepreneurs”
-Carl Dawson, founder of Proversity
(www.proversity.org)
In 2013, The Government of United Kingdom
has selected 50 promising and innovative
companies and provided extensive support as
follows:
1. Strategic Consulting Service
2. Educational Workshops
3. Expansion of Investment through Promotions
4. Government-provided Advertisements
Since then, the project known as Future Fifty
has shown remarkable growth and
achievements.
On-Demand Food Delivery Service
Flight Comparison & Reservation
Personalized Typing Prediction
4. 791 million
Total Funding Raised by Future Fifty Companies
17,000 Person
Employed by Future Fifty Companies
1. Financial Support Program: Future Fifty
London, The City of Opportunity
Employment & Expansion Results Financial Results
30% Growth Rate
In 12 months among Future Fifty Companies
170 Countries
Number of countries Future Fifty Companies have
customers in
63% Increase
Increasing in funding from 2014 to 2015
£1.1 billion
Collective raise on London Capital
Markets
5. 1. Financial Support Program: UKTI
London, The City of Opportunity
“UKTI really motivated us
and showed us what was
possible to do”
-Julien Labruyere, Director of VetCT
(www.vet-ct.com)
75% of UKTI Clients
Reported satisfaction to the UKTI Service
£65,000
Additional Profit gained by UKTI Service
in average
UK Trade & Investment(UKTI), is a government-
operated trade support service. It works with UK-
based businesses to support their successful
expansion to global market and encourage
investment in the UK by overseas businesses.
UKTI also arranges events like Market Visit to the
United States(Feb. 2015) and The China Marketing
& Strategy Program. Companies can participate in
these events and learn practical information
necessary for expansion.
6. 2. Business-Friendly Environment
London, The City of Opportunity
One-Stop Administrative System
Starting a Business Closing a Business
Requirements:
1. The Company’s Name
2. Registered Address of the Company
3. Names & Addresses of Directors
4. Details of Shareholders & Share Capital
5. Takes £15 / Single day
Requirements:
1. Payment of legislated retirement allowance
2. Responsibility restricted to capital only
3. Joint Surety NOT required
7. 3. Solid Foundation: Tech City
London, The City of Opportunity
“Right now, SiliconValleyis the leadingplacein the world forhigh-tech growth
and innovation.But there’sno reasonwhy it has to be so predominant.”
-David Cameron, Prime Minister of United Kingdom
(Nov. 4, 2010, In a speech to high tech
businesses leaders entrepreneurs in East London) In 2010, The Prime Minister of UK has announced
Tech City Project. The project is to raise East
London as the second Silicone Valley, and more
than 100 major corporations including Google,
Facebook, Amazon and Intel have participated
since then.
The project provides helpful programs for
businesses from starting to expanding overseas, in
association with other organizations. Currently
there are more than 1,300 startup businesses
operating, with more than 50 business nurturing
organizations and venture capital companies.
Reliable Partners
8. 3. Solid Foundation: Tech City
London, The City of Opportunity
Co-working Space
Both Part-time & Full-time
Various Events
Daylong Workshops,
Classes with Industry Professionals,
and much more
Device Lab
Able to Test Projects Instantly
Provided Services
Results
70,500 Event Attendees
91% Satisfaction Rate
1,000 Mentorship Sessions 34 million fund raised
9. Join London!
London, The City of Opportunity
Administrative Convenience
Government Support with Remarkable Results + Open Opportunity to International Market
Practical Support from Major Corporations