Wednesday, June 18, 2008

News: Bridging the North/South technology divide


An excellent article on The Business Desk reports on the growing technology sector in Yorkshire. Hubs in Leeds, Harrogate, Wetherby, and York have been joined by Sheffield and Rotherham as they have become popular destinations in which to set up technology businesses. The article discusses the rise in the number of start up technology businesses with funders such as the South Yorkshire Investment Fund (SYIF), recognising that South Yorkshire's towns and cities are proving attractive to both resident IT entrepreneurs and outside talent. SYIF's Jonathan Dixon told the site: "We're also attracting companies from outside the region as seedcorn funding is rare in the UK. But that South Yorkshire has such a good reputation for skills and infrastructure is equally as important in their decision to relocate." Andrew Burton, managing director of the Viking Fund added: "Most of the companies we've invested in have been started here in Yorkshire. "It's true that an increasing number are based in South Yorkshire, but I think that's because technology firms need to be based in a metropolitan environment to attract staff."
SYIF website
The Business Desk article


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