City Meets Tech is an initiative to get the City of London banking community to invest in technology start-ups. ‘Silicon Roundabout’ is only 1/2 a mile away from Finsbury Square, but they are worlds apart and we’re hoping to bridge the gap.
Initially through an educational event which will be held in December. The event will be focussed on the City with a limited number of entrepreneurs present. There will be a number of talks showing the benefits of investing in tech and though investing in start-ups can be risky, risk fosters innovation and there are ways to offset some of the risk in terms of tax breaks.
Currently it’s very hard to get early stage investment in the UK (unlike Silicon Valley, where successful entrepreneurs re-invest back into other start-ups) and traditional VCs generally want traction before they invest.
The UK has a lot of talent based around Silicon Roundabout / TechCityUK and the aim is to help innovitive start-ups flourish and succeed.
- New post: Applications now open for June 20th Pitch event http://t.co/JUYyokIx4T #20/06/13 #BNY_Mellon #June_20th 9 minutes ago
- New post: The companies that pitched at Innotech Summit http://t.co/Ts8agM9od3 #3Beards #DFJ_Esprit #Innotech_Summit 2 hours ago
- So 2 no shows, 1 gave notice, 1 didn't turn-up :( 1 week ago