London’s Tech Revolution Gets a Boost From Two New Initiatives
Mayor Sadiq Khan’s Big Tech Blueprint Unveiled
At a buzzing WIRED Live event in east London’s Tobacco Dock, Mayor Sadiq Khan rolled out two game‑changing plans aimed at turning the city into the ultimate tech playground.
“Let’s Grow the Future of Tech” – Investment Days for Young Start‑Ups
- The GLA is pledging £280,000 for a four‑year “Investment Day” series.
- Each event, spearheaded by the UK Business Angels Association, zeroes in on a single tech niche.
- Expect hands‑on coaching, and a straight‑line connection to seasoned investors.
- By the end of the rep, the scheme will be fully self‑sustaining.
Smart London 2.0 – Bloomberg Associates Takes the Lead
Alongside the Smart London Board, Bloomberg Associates (the philanthropic arm of Michael Bloomberg) will draft the city’s next “Smart London Plan”.
This new charter will map out concrete steps toward turning London into a global smart‑city superstar, using every cutting‑edge tech flourish popping up in the capital.
Mayor’s Take‑away
“London’s tech scene already makes other cities jelly,” Khan said, “and I’m all in on cementing our spot as the world’s top tech hub.”
He highlighted the influx of giants like Google, Facebook, and Apple, while celebrating the dozens of smaller, buzz‑worthy start‑ups that keep London’s innovation engine revving.
Why This Matters
The two initiatives signal a serious infusion of cash, mentorship, and strategic guidance. Think of it as a double‑whammy: fresh funding research labs, plus a master plan sourced from a tech adviser with a pedigree in leading U.S. cities.
For Londoners, the outcome means the promise of cleaner streets, smarter transport, and maybe a few more gigabytes of elevated living. For entrepreneurs, it’s an invitation to lift a toe off the ground and catch that next wave of funding.
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