London lures more start-ups to secure its European tech hub status
London — Mayor of London Sadiq Khan has announced a new programme of investment days for London start-ups, as he tries to maintain the UK’s position as a European hub for tech firms. The UK national trade body for early stage companies will help run 20 investment days in London over the next four years, offering coaching and connections to potential investors, alongside $740,000 in funding. In the wake of the Brexit vote other cities are making greater plays to attract entrepreneurs. French President Emmanuel Macron has called to make his country "a start-up nation", while local billionaire Xavier Niel has spent €250m to transform a former Parisian freight station into a 34,000m² start-up campus containing 3,000 desks for rent. Khan’s latest announcement comes almost a year after he launched a £7m fund to give the city’s younger population access to jobs in the tech industry. He has also recently appointed the city’s first ever chief digital officer, Theo Blackwell. "Since I became ...
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