The presentation highlights the growth of the UK tech economy, noting a $260 billion turnover and significant increases in tech jobs and salaries. Key growth drivers include record investments, favorable policy conditions, and a thriving startup ecosystem with numerous tech clusters emerging across the country. The document emphasizes the importance of tech hubs like London, which houses a substantial number of Europe's tech unicorns.

1. A
short
presentation
given
at
SXSW
2016
on
the
UK
Tech
Economy
-­‐
based
on
Tech
Nation
2016
Report
and
its
growth
drivers
@techcityuk

2. 2
2
ENGAGING
PARTS
TO
THE
PRESENTATION
UK
Digital
Economy
growth
WHY
(a
view)
1. 2.

3. Who
we
are:
1.
programmes
|
2.
policy
convening
|
3.
advocacy
20,000
UK
sign-­‐ups
15,000+
in
training
Stage
B+
concierge
-­‐
£1bn
raised
via
30
rounds
-­‐ £1.1bn
via
IPOs
-­‐ In
26
months
Most
comprehensive
annual
analysis
of
the
UK’s
Digital
Tech
Economy
Leadership
Mentorship
programme
for
stage
A
businesses
Accelerating
digital
growth
in
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

4. 4
British
Digital
Tech
Economy
is
growing
steadily
$260Bn
Total Digital
Turnover*
+32%
than the wider
UK Economy
Growing
Source: Tech Nation 2016 Report, Tech City Uk/Nesta
*based on 58K identified Digital Businesses

5. 5
+2.8x1.56M
UK Tech
Jobs
Jobs growing
41%
In non-digital
industries like
education & Finance
Faster than the
wider economy
$80K
Average UK
Tech salary
+36%
Higher than UK
average salary
British
Digital
Tech
Economy
is
stronger
than
ever
Source: Tech Nation 2016 Report, Tech City Uk/Nesta

6. 6
Key
Tech
Clusters
are
emerging
across
the
country
Cambridge
Oxford
Bristol/SW

7. 7
The
North
of
England
&
Scotland
growing
stronger
Manchester
Newcastle
Edinburgh

8. 8
London
is
home
to
13
of
Europe’s
40
Tech
Unicorns.
London
Major Operations:

9. 43%
of
all
European
$1bn
dollar
valued
companies
are
based
in
the
UK

10. 30
FUNDING
ROUNDS
£1.1Bn
RAISED
£1.18
Bn
RAISED
FROM
4
IPOs
6
ACQUISITIONS
In
the
last
24
months…

11. 3.
Creative
talent
&
critical
mass
of
expertise
in
various
sectors
1.
Smart
capital
2.
Strong
business
&
policy
environment
4.
Rich
ecosystem
&
connected
nation
4 key
growth
drivers
are
powering
this
UK
growth
Why
this
growth?

12. 1.
Investment
in
UK
tech
again
hit
record
high
in
2015
at
>
$3.5Bn.
On
average,
>30%
of
EU
investment
in
UK
((11%
of
Eu
population)
VC
investment
in
London
tech
companies
is
20x
what
it
was
in
2010
UK
companies
raised
>30%
of
all
European
VC
money
in
Q4
‘14
Source: CB Insights/London & Partners, 2015
UPDATE

13. More
funds
now
exist,
opening
new
opportunities
and
securing
the
growth
potential
of
talented
teams

14. 1
4
2.
Policy
conditions
for
tech
growth
are
ripe:
end
to
end.
From
start
up
to
exit.
End-­‐to-­‐End.
>£2.5Bn
>£1Bn
4.
Corp
Tax:
20%
(joint
lowest
in
the
G7)
1.
50%
relief
on
capital
gains
tax
on
early
stage
investments
3.
Visas:
Entrepreneurs’
Visa,
Tech
Nation
Visa
2.
R&D
Tax
Credits:
fueling
innovation
5.
London
Stock
Exchange
high
growth
segment

15. 3.
Very
rich
Ecosystem:
Key
HQs,
>60
UK
tech
accelerators
&
>100
co-­‐working
spaces
&
50+
support
orgs

16. 1
6
4.
Deep
&
extensive
pool
of
talent,
with
top
research
universities,
Digital
Skills
Academies
&
Int.
HQs
International
&
EU
HQs
Technology
Institutes
&
World-­‐class
Universities

17. Finally,
pls
say
hello
to
our
Tech
City
UK
companies
with
us
at
SXSW!

18. @TechCityUK
#UKatSXSW
Thank
you
for
coming
Read
The
Report
at
www.techcityuk.com/technation

19. MIKE
BUTCHER
TechCrunch
Managing
Editor
@mikebutcher
NICO
PEREZ
Mixcloud
CEO
@nicoperez
VINCE
BANNON
Getty
Images
SVP,
Partnerships
@pointer8708
BEN
BOWLER
Chew
CEO
@benbowler
&
the
Disruption
of
Music
@TechCityUK #UKatSXSW
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