Speaking at the London First Infrastructure Summit, Boris Johnson announced that businesses anywhere in Greater London can apply for a voucher of up to 3,000 to help pay the set up costs of high-speed internet connections.
I want to ensure small businesses in London have access to the most powerful possible internet connections,” said Johnson.
“The digital arena is now a major factor in the success or otherwise of every type of business and I urge business people across the capital to take full advantage of a scheme that could boost their bottom line.
The Mayor added that he hopes the vouchers will help further cement Londons reputation as the digital capital of Europe. Improving the capitals digital infrastructure is critical to his aim of helping small businesses compete in global markets and realise their full economic potential, he said.
Funding for the vouchers is part of a 150m Urban Broadband Fund created by the Government that aims to create up to twenty-two super-connected cities across the UK.
“We are witnessing a transformation of broadband in the UK which will be instrumental in driving our economic growth,” added Communications Minister Ed Vaizey.
“These vouchers will save businesses in London thousands of pounds, as well generating thousands more, and I strongly urge London businesses to make the most of this offer to ensure they are properly equipped to compete in todays digital age.
The voucher scheme is expected to enable over 9,000 small businesses across London to take up high speed or high grade broadband connectivity by March 2015.