*This oughta be pretty popular when there are wails of pain from budget cuts in British art, science, law enforcement and public health.
*On the other hand, what CAN they do?
"The British Prime Minister is expected to announce today that the East of London, which in the last three years has seen a 700% growth in tech companies starting up there, is to become an officially sanctioned startup ‘hub’ for the UK.
"Although he will make a speech saying that London will be transformed into a “world-leading technology city to rival Silicon Valley” – a worthy but rather over-optimistic claim – there is some meat here. The government appears to have secured several commitments from companies including Google, Facebook, Intel and McKinsey & Co to invest in the long-term future of the area.... (((How about some European countries? Oh wait: "fog in channel, Continent cut off"
"So what has come to be known as the Silicon Roundabout area, the government is now calling “East London Tech City” – a tech cluster that they hope will stretch from Shoreditch and Old Street to the Olympic Park. (...)
"There is further meat to the announcement.
"There will be £200 million of equity finance for businesses with high growth potential and £200 million for new Technology and Innovation Centres – one of which could be in the Olympic Park.
"They will also be an opening up of government procurement budgets to small and medium-sized firms (already announced).
"But most significantly the UK government says it plans to introduce a new Entrepreneur Visa. So entrepreneurs with “serious investment from a leading investor” could get a fastrack visa to the UK.... (((Don't all line up at once, Indian engineers.)))
