Results tagged “Tech City”

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Chancellor George Osborne hailed Tech City and its role in the future of banking at a meeting at Canary Wharf on Wednesday.

He was launching Innovate Finance at Level39 and said he believes London can lead the way in Fin Tech.

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Startup incubator Level39 says that a new partnership with Microsoft is validation of Canary Wharf's quest to become a significant player in the Tech City community.

The collaboration will see startup companies at the One Canada Square hub have access to mentoring, finance and advice from one of the largest software companies in the world.

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The tech incubator space in the heart of Canary Wharf, Level39, has marked its first birthday.

It comes as management at the hub, based on the 39th floor of One Canada Square, revealed 682 firms had applied for membership in the first 12 months - highlighting huge demand from global tech companies for residence in London.

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Companies at the cutting edge of the tech world will be welcomed to the Olympic Park's cluster in summer 2015 for a huge festival, it has been announced.

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Start-up companies in and around east London's Tech City are predicted to thrive following a Government cash injection of £2.5million.

The seed finance, to be made available to about 400 entrepreneurs across the capital during the next 12 months, will be delivered by Start Up Direct, also based in the Shoreditch hub.

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