The future of Silicon Roundabout according to Google
If you’re a regular reader of this blog, you’ll know that we’re very interested in the UK’s Silicon Valley and Silicon Roundabout areas in the UK, as well as the original Silicon Valley in Northern California. The digital economy is increasingly important for the UK, and this is something that the UK government recognised in the most recent budget, with tax breaks for the games industries for example. While the sheer number of start-ups coming out of Silicon Roundabout may seem bewildering, it is comforting to know that there is still a wealth of ideas out there that are being turned into viable businesses. While many of you will remember similar things being said prior to the dot.com bubble crash at the turn of the millennium, there is fear that this growth of innovative online technology startups can’t last forever.
Of course, when one of the world’s biggest and most innovative companies decides to move into the area, then only the most pessimistic would think that the bubble is about to burst. Google is opening a new seven floor campus in the Tech City area of London, on Bonhill Street. This new space is designed to encourage technology innovation by giving small smart ups and entrepreneurs a space to work. The scheme is backed by the Government as well as TechHub and Seedcamp, who also provide workspace in the area. According to IT Pro, the site is nearly full, and since it opened at the end of March it has received just under 500 requests to join.
While anyone involved in Silicon Roundabout or Silicon Valley will agree that a start-up is nothing without a great idea and masses of hard work, few will argue that a bit of outside help can make a massive difference. Even sharing a space with like-mined entrepreneurs who are going through the same struggles can provide a big boost. Of course, having the necessary technology and infrastructure at your fingertips ensures you can concentrate on growing your business and coming up with great ideas. Even if you’re not able to take advantage of the benefits Tech City offers, being outside of London shouldn’t pose a problem to a great business idea.