Britain has a rich innovation eco-system, connecting entrepreneurs and investors along a chain that is supported by world-renowned scientific and academic institutions and a deep support infrastructure. Its legal, regulatory and tax environment are amongst the most competitive in the world and it benefits from an historically open approach to business.

UK growth

2.9% 2014
(fastest in Europe)

New business

580k 2014 / 2015
(a record number)

Best universities

4/8 The UK has four of the eight best universities in the world

The innovation

  • Alternative

    1.74bn invested

  • Seed

    131m invested in 227 companies in 2014

  • Angel

    1.46bn invested in 2,710 deals in 2013-2014

  • Venture

    2.5bn invested in 780 companies in 2014

  • Capital markets

    1.2bn raised by tech IPOs in 2014

The innovation


The UK has one of the most competitive tax systems in the world and one which is geared up to promote enterprise and innovation at home and attract investment and entrepreneurs from overseas. At 20%, the UK has the lowest rate of corporation tax in the G7 and the joint lowest in the G20.

First class

The UK is home to some of the leading universities, attracting the brightest students from across the world. Four of the eight best universities in the world are in the UK: Cambridge, Imperial College London, Oxford and UCL. A world-class skills base in science and the technologies, the UK has the highest graduate output in Europe.


The UK has the fastest growing economy in Europe, with 2.9% growth in 2014 and an estimated growth of 2.4% in 20151. In fact, the UK is set to overtake Germany as Europe’s largest economy by 20302.


The UK is undergoing an entrepreneurial revolution. In 2014/15 over 580,000 new businesses were created, a record number3.

technology innovation history financing european markets global hub regulation education taxation entrepreneurs


The UK is the European destination to launch innovative new businesses. It is the natural gateway to a market of 500 million European consumers and a natural bridge to the US. This global outlook, and a dynamic entrepreneurial economy, make it the natural choice to start, run and grow your business. Welcome to Britain, the European Innovation Destination.

UK technology deals growth

80% Since 2011
(fastest in Europe)

Foreign entrepreneurs

1 in 7 Migrant entrepreneurs set-up one in seven UK businesses

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Stars of Europe with UK ahead


The UK’s position on the world stage is dependent upon its ability to create the strongest possible environment for early-stage companies to flourish and grow. It is a hub for global investment and entrepreneurship, a European leader for innovation and investment which is why it has long attracted the best and brightest from across the world.

London: the best city for start ups

No1Best European cities for start ups

London: the most tech investment

1,009International tech investment projects in European cities 2005 – 2014

in action

From fintech and creative industries in London to video games in Edinburgh, world-leading technology clusters have emerged across the country. Driven by proximity to universities or emerging in areas with a related industrial heritage, these communities help accelerate growth by providing a community of networked businesses, mentors, angel investors, venture capitalists and talent.

companies in UK

1,653 Total number of UK companies currently backed by venture capital as of December 2014

are real

17 Number of companies with US$1 billion-plus valuations (as many as Sweden, Germany, Netherlands and France combined)

The innovation

  1. London
    Fintech, digital, creative
  2. Cambridge
    Life sciences, greentech, ICT and material sciences
  3. Bristol & S. West
  4. Oxford
    Biotechnology, digital, software
  5. West Midlands
    F1 and automotive
  6. Manchester
    Material sciences, digital and creative
  7. Edinburgh
    Video games
  8. Aberdeen
    Oil & gas exploration and extraction
  9. Cardiff / Swansea
    Healthtech, data management
  10. Belfast
    Video games, business software
  11. Newcastle
    Business software, adtech

The UK has an innovation landscape that is the envy of the world. Talent is being uncovered and nurtured across the country, with ground-breaking technologies and services keeping Britain at the forefront of the global technological revolution.

Our companies are achieving extraordinary things, disrupting the old and making the new, in sectors a diverse as life sciences, fintech, gaming, hardware, consumer and more. It is these companies which illustrate just how important a combination of ideas, business expertise and investment is to fostering enterprise and entrepreneurship. It is these companies which prove the UK is The Innovation Nation...

Made in Britain

The following provides a snapshot of the British companies that are leading the way in the global tech revolution.