More cities aim to establish start-up clusters – FT.com

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Traffic passes around the Old Street roundabout, in the area known as London's Tech City, in London, U.K., on Tuesday, Dec. 17, 2013. The U.K government last year pledged 50 million pounds for a new London startup incubator, and hired ex-Facebook Inc. executive Joanna Shields to promote Tech City, with Google Inc., Amazon.com Inc., and Cisco Systems Inc. all having taken space in the area or planning to do so. Photographer: Chris Ratcliffe/Bloomberg©Bloomberg

London’s Silicon Roundabout, one of the tech clusters challenging Silicon Valley’s dominance in the start-up world

Andrew Daniels, founder of a web design and mobile app developer based in Manchester, believes his “can do” city has the potential to expand as a technology hub to match such European centres as Stockholm and Berlin.

“There’s immense pride in being from Manchester and maybe a bit of arrogance, which brings us together to punch above our weight,” says Mr Daniels, managing director of Degree 53, which was spun out of the gambling industry in 2013 and is moving into sectors such as financial services.

 

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