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Global managing city of london1/31/2024 ![]() City, University of London, London Metropolitan University, Imperial College London, Queen Mary University of London and University College London are all academic partners in projects based in the cluster. Cisco, Facebook, Google, Intel, McKinsey & Company and Microsoft are among the companies that have invested in the area. įrom 2010, as the cluster developed, both local and national government supported its growth, with the goal of creating a cluster comparable to Silicon Valley in the United States. ![]() The 2008–09 recession further suppressed rents through the closure of numerous firms, making it affordable to technology start-ups, while redundancies from financial services companies, such as investment banks, released a local pool of experienced talent interested in entrepreneurship. The area had historically been relatively poor compared to the City of London, and was known as the 'City Fringe'. ![]() Its main area lies broadly between St Luke's and Hackney Road, with an accelerator space for spinout companies at the Queen Elizabeth Olympic Park.Ī cluster of web businesses initially developed around the Old Street Roundabout in 2008. ![]() List of places UK England London 51☃1′33″N 0☀5′15″W / 51.5257°N 0.0875°W / 51.5257 -0.0875Įast London Tech City (also known as Tech City and Silicon Roundabout) is a technology cluster of high-tech companies located in East London, United Kingdom. ![]()
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