Building a Sustainable Technology Ecosystem and Cluster Bindi Karia

BUILDING A TECH ECOSYSTEM

The London StoryBindi Karia@bindik

A LITTLE BIT ABOUT ME

Technology and

Innovation

Industry Advisory Boards

EUROPE - A SNAPSHOT

EUROPE – A SNAPSHOT

275, 129

171, 294

95, 338

171257

INNOVATION ECOSYSTEM

Technology and

Innovation

Entrepreneur

Investors (VC, Angels, Other)

Incubators / Accelerators /

CoWorking

Corporates

Government / Policy

Community / Grassroots

Universities and Students

Other (Advisors etc)

THE LONDON STORY

2008-2010• Community /

Grassroots Driven

• Early Adopters

2010-2012• Government gets

involved• Mid-Adopters

2012 - 2014• Corporates and

Incubators “pile in”

• New CoWorking Spaces

• Urban Planning • Significant Policy

changes

2015- • The age of the

“EuroCorn”• Scale-up is the

new “Startup”• Established *and*

Emerging Funds• World Class

industries ie FinTech

• London Stock Exchange

SEEDS ARE SOWN (2008 -10)

Incubators / Accelerators /

CoWorking

Government / Policy

Other (Advisors etc)

Investors (VC, Angels,

Other)

Corporates• AWS - 2006• Microsoft - 2008• IBM - 2010

• Established Funds • Seedcamp – est 2007

Technology and

Innovation

Entrepreneur

Community / Grassroots

Universities and Students

• Moo / Dopplr /Songkick / Mind Candy / Huddle / Skimlinks

• Cheap property (Old Street Roundabout)

• TechCrunch Europe Launches• Drinktank• Minibar• FOWA

• UCL• Imperial Innovations• NACUE Launch

TAKING SHAPE (2010 – 12)

Incubators / Accelerators /

CoWorking

Government / Policy

Other (Advisors etc)

• Tech City UK Launch• Entrepreneur Visa• Number 10 focus

• TechHub• Trampery• Bakery• Innovation Warehouse

• Advisors starting to look at market

Technology and

Innovation

Entrepreneur

Investors (VC, Angels, Other)

CorporatesCommunity / Grassroots

Universities and Students

• 3Beards• Meetups extraordinaire• Events every single night

• Google Campus• Telefonica WAYRA• Amazon• Facebook• Silicon Valley Bank

• Entrepreneur First• Collider• And more….

• UCL• Goldsmiths University• Imperial Innovations

• Multiple new companies• Transferwise• Yplan• Duedil

HYPER GROWTH– 2013-14

Technology and

Innovation

Entrepreneur

Investors (VC, Angels, Other)

Incubators / Accelerators/ CoWorking

Corporates

Government / Policy

Community / Grassroots

Universities and Students

Other (Advisors etc)

• Law Firm Tech Practices• Accountant Tech Practices• R&D Tax Credit Firms• Privately run trade missions• Tech Conferences• Urban Planning

• UCL• Goldsmiths University• Imperial Innovations• LBS• LSE

• London Tech Week• CodeClub• Makers Academy• General Assembly

• TCUK• Entrepreneur Visa• London & Partners• UKTI Trade Missions

• Second Home• WeWork• Canary Wharf, L39• Rainmaking Loft• British Land

• John Lewis• Unilever• Aviva• Barclays • Santander• GCV

• Established VCs raise more• Connect Ventures• Playfair Capital• Whitestar VC• Mosaic• Seedcamp• Techstars

• “BRITCORNS!!”• TCUK Future Fifty• London Stock Exchange Elite• Entrepreneur *Career*

Choice

Note: data from July’14Source: LinkedIn

Note: data from July’14Source: LinkedIn

HUB FOR TECH£26bn direct

economic impact

1 in 9 jobs are digital

34,000 tech companies

155, 600 employees

Source: London & Partners

INCUBATORS & ACCELERATORS

“EUROCORNS”

HOTTEST SECTORS

FinTech Visual FX

AdTech CyberTech

Source: Tech.eu

IN CONCLUSION…

Technology and

Innovation

Entrepreneur

Investors (VC, Angels, Other)

Incubators / Accelerators /

CoWorking

Corporates

Government / Policy

Community / Grassroots

Universities and Students

Other (Advisors etc)

THANK YOU! @[email protected]