Tech Hub, Europe’s longest-running tech workspace and startup support organisation, has announced a £2.2m investment in a new Shoreditch headquarters.
The move, set to take place in March, will see 400 resident companies relocate from London’s Silicon Roundabout and Moorgate locations to a state-of-the-art facility on Clere Street.
Investment Amid Uncertainty
Europe’s longest-running tech workspace and startup support organisation has revealed a £2.2m investment in a new Shoreditch location. Tech Hub will relocate 400 resident companies from London’s Silicon Roundabout and Moorgate to the new venue on Clere Street in March. “London remains the best place in Europe to do business as a growing tech company, no matter what happens with Brexit,” said Tech Hub chief executive and founder Elizabeth Varley as reported by City A.M. “We’re further committing to that by investing in a new Tech Hub in Shoreditch and helping our European firms expand here too.”
Growing with London Tech
The London HQ is one of four international locations, extending Tech Hub’s reach to Riga, Bucharest, and Swansea. This move underpins Tech Hub’s dedication to fostering tech growth irrespective of Brexit ramifications.
International Reach
In addition to local support, the international branches help European firms gain a foothold in the UK market, promoting cross-border collaboration and growth.
Supporting European Expansion
This dual focus ensures that companies affiliated with Tech Hub can tap into a broader network of resources and opportunities, enhancing their potential for success regardless of Brexit outcomes.
Adapting to Scale
By providing tailored environments that support scalability, Tech Hub underscores its role in nurturing tech innovation and growth in London and beyond.
Commitment to Tech Growth
This latest investment of £2.2m in the Shoreditch HQ stands as a significant milestone. It reflects a broader vision of supporting technological innovation and addressing the space needs of scaling companies.
Conclusion
By continuing to support both local and international tech firms, Tech Hub plays an instrumental role in sustaining London’s position as a leading tech hub in Europe.
Tech Hub’s move to invest £2.2m in a new Shoreditch headquarters reaffirms its commitment to fostering tech growth amidst uncertainty.
By continuing to support both local and international tech firms, Tech Hub plays an instrumental role in sustaining London’s position as a leading tech hub in Europe.