1. “Silicon Fen” – Cambridge
Driven by local graduate talent and a multitude of science parks, Silicon Fen has a strong track record as a centre of technology and innovation.
Tech firms in the area have a combined turnover of nearly £12bn and emmploy more than 50,000 people.
Many of the startups are spin-outs from Cambridge University, making use of the graduates’ expertise. The area is known for having a flexible labour market.
Major success stories include semiconductor companies ARM, now a multinational with revenues exceeding half-a-billion pounds, and CSR which took more than $1bn in 2012.
The Cambridge Cluster Map catalogues more than 1,500 tech firms in the area.
Although commercial rents are relatively high for a cluster outside of London, quality of life is considered to be high. A key benefit of being based in Silicon Fen is easy transport links into the capital.
The Cambridge Network offers further info for companies operating or considering operating in this area.
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