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Date:08/07/11

Wills and Kate to promote UK tech sector at Hollywood debate

The hip young power couple of the Royal Family, Wills and Kate, are to use their winning smiles and dashing good looks to charm former colonial subjects into investing their wealth in the tech start-up hub of Old Street in London.
The Duke and Duchess of Cambridge will big-up the Tech City initiative and London itself as a great investment location at a panel debate on Friday in Beverley Hills to discuss how the UK can emulate the success of Silicon Valley. Trade and investment minister Lord Green said he is pleased that such a famous and awe-inspiring couple will talk about the region, as it is vital that the UK's technology sector thrives. "I am delighted that the Duke and Duchess of Cambridge are giving their very public support to Tech City and to British business.
Tech City is key to Britain's high-tech future," he said.
"The government is committed to bringing innovative investment to east London and to every part of the UK. It is Europe's fastest growing technology hub and so far over 300 organisations have set up there." It's great that everyone's favourite royal couple is doing its bit for Blighty and encouraging investment but, while Wills and Kate could persuade investors to look at London, it doesn't strike V3.co.uk as enough to convince hard-nosed Silicon Valley venture capital managers.
After all, would you embrace London and its rain and dull grey skies as a better location to set up shop than the endless blue skies and confidence-inspiring warmth of the Californian climate? No, didn't think so.



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17 June 2024

16 06 2024