Posted: 21 Oct 2021 Resource Type: Research Report Download Back The UK’s tech ecosystem is one of the most competitive in the world. Its growing presence is a signal of the strength of research and development in the UK, as well as the depth of investment and collaboration frameworks present. The Square Mile and the City cluster of businesses is home to much of this, creating a supportive atmosphere for tech companies to grow, with unrivalled access to the market for mentorship, investment, and business development. ‘One of the things that makes London so attractive to tech firms is its advanced and interconnected business ecosystem. The clusters of expertise in fields such as banking, consultancy, law, insurance and accounting mean that all the services a new business needs are right here on the doorstep, along with a talented workforce drawn from across the globe.’ ‘The growth of tech in the City has enhanced and strengthened the other businesses here – who benefit from both the technological innovation and the influx of innovative thinking.’ Alderman William Russell Rt Hon Lord Mayor of the City of London Catherine McGuinness Policy Chair of the City of London Corporation $585bn Value of UK tech start-up and scale-up ecosystem 350 More than 350 start-up incubators and accelerators across the country 6,600 Tech companies in the Square Mile Share: Share to LinkedIn LinkedIn Share to X Share to Facebook Facebook Share to WeChat WeChat Share to WhatsApp WhatsApp Share to Email Email Download Related content Case Study Findlay Park | vertical: asset management Apr 2024 - We spoke to Simon Pryke, CEO of Findlay Park, about the growing appeal of boutique investment managers and why London remains a pre-eminent asset management centre for global investors. Findlay Park | vertical: asset management Thought Piece Why should the UK be your first choice for fintech business growth? Apr 2024 - The UK is a global leader in financial technology and innovative solutions. International fintechs wanting to locate or invest here stand to benefit from a one of kind ecosystem for innovation to catalyse their business growth. Why should the UK be your first choice for fintech business growth? Research Report RegTech Test Apr 2024 - This report calls for the Prudential Regulation Authority and Financial Conduct Authority to introduce a ‘RegTech Test’ to help assess how technology can best enable regulatory compliance. RegTech Test News UK-Saudi Sustainable Infrastructure Summit 2024 Mar 2024 - The City of London Corporation in collaboration with The Saudi British Joint Business Council are delighted to announce the UK-Saudi Arabia Sustainable Infrastructure Summit. UK-Saudi Sustainable Infrastructure Summit 2024