New reports from London Tech Week and UK Tech Cluster Group have highlighted the unique strengths of the East and West Midlands, and the contributions they make to the UK’s £150 billion plus tech ecosystem, including a burgeoning FinTech cluster across the Midlands as a whole.
With eight deals completed during Q1 2021, totalling £1.89 billion – more than double the previous quarterly record of £857m in Q1 2020 – FinTech recently maintained its reign as the most investable start–up sector in the area.
The East Midlands – specialist pioneers in HealthTech
Famous for its robust engineering and manufacturing heritage, the East Midlands is widely recognised as the ‘home of innovation’, including the world’s first factory, the discovery of silicon and pioneering game changing research into genetics and semiconductors.
These days, HRTech, FinTech and HealthTech dominate the area’s tech hotspots as it leads the way across wearables, biotech and medtech at a national level. Nottingham is the buzzing hotspot, where Boots, Experian, MHR, Lockwood Publishing, Adzooma, Tebex, Pharmaseal and e-days are based, and top tech talent is flocking to in droves.
“The East Midlands has long had a robust healthtech hub to boast about,” said London Tech Week festival director Suzy Pallett.
“With the support of
link source - East Midlands Business Link General