Friday, 10 February 2017

London leads Start-up and Scale-up Tables for Digital Enterprise

Author Dbachman
Creative Commons Licence

Jane Lambert

The European Digital City Index (EDCi) was produced by Nesta as part of the European Digital Forum, EDCi provides information about the strengths and weaknesses of local economies in relation to the formation and growth of digital businesses.

The index applies a number of different criteria in drawing up its index which are set out in the Methodology section of its website.  Applying those criteria, Nesta produced the following table of leading European ciies for start-ups:
  1. London
  2. Stockholm
  3. Amsterdam 
  4. Helsinki
  5. Paris
  6. Berlin
  7. Copenhagen
  8. Dublin
  9. Barcelona
  10. Vienna.
For scale-ups, the table was:
  1. London
  2. Stockholm
  3. Paris
  4. Helsinki
  5. Amsterdam
  6. Copenhagen
  7. Berlin
  8. Munich
  9. Dublin
  10. Vienna
Why London? ESCi explains: 
"The city’s substantial financial sector is undoubtedly a major benefit: not only is London’s venture capital industry the most developed in Europe, but the presence of many financial services firms helps promote a growing number of fintech and crowdfunding startups, like Seedrs, Funding Circle, Transferwise, Wonga and DueDil. London is also the accelerator and coworking capital of Europe, as well as boasting a number of world-class universities. Its vibrant startup scene is supported by a strong creative cluster around ‘Silicon Roundabout’ and, despite Brexit fears, the city still attracts significant talent from all over the world."
Successful start-ups include Deliveroo, Made.comAppNexus and Borro.  ShazamTransferwiseWonga, FarFetchZoopla and are examples of successful scale-ups.

If anyone wants to discuss the legal aspects of starting a digital or any other business, call me on 020 7404 5252 or send me a message through my contact form.

Business and IP Centre: Innovating for Growth

Jane Lambert

Two opportunities announced recently by the British Library Business and IP Centre:
  • Innovating for Growth: Scale - ups: three-month small business support programme offering over £10,000 worth of specialist advice; and 
  • Innovating for Growth: Start-ups: Two-day course.
The advice that successful candidates on the scale-up programme will receive is as follows: developing a growth strategy, refining the candidate's business model, product and service innovation, creating a marketing strategy, building a brand, maximizing intellectual property and business and market intelligence.

Application date 16 March 2017.

The two-day start-up course covers business planning, finance, marketing and other practical information and introductions to the resources of the Business and IP Centre and intellectual property.

Further information on the Business and IP Centre website (see Innovating for Growth: Scale - ups).