Rather than try to emulate Silicon Valley, we should celebrate exactly what it is that makes us different from the Californian tech hub. As Instant Impact co-Founder, Felix Mitchell, pointed out earlier this week, here in the UK we've managed to create multiple cities of innovation. From Edinburgh to Manchester, Cambridge to London, there are Start-ups springing up just about everywhere. This level of diversity leaves us with a very exciting Start-up ecosystem indeed.
The next step then is creating the investment structures needed to allow the most ambitious of these small companies to scale up into unicorns of the future. Our innovation, passion & entrepreneurial spirit are certainly not trailing behind the US, but perhaps our financing communities are.
Let's stop hiding behind Silicon Valley, stand up for UK Start-ups and give them exactly what they need to grow.
“The environment in which the UK operates is very friendly towards the start-up ecosystem. What we’ve got to do is reinforce in many different ways the value of starting a business in the UK and why you would do it here and not anywhere else.”