佛rget London -- These 4 U.K. Tech Hubs Are BoomingThough many choose to start businesses in the capital, these cities shouldn't be overlooked.

ByDaniel Saunders

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Europe, an international franchise of Entrepreneur Media.

Shutterstock.com

With London boastingover 660,000 startups, and an all-time high of £2.99 billionin investment last year, the city has earned its mark as one of most innovative places to set up a startup in Europe. It's estimated75 new companies launch every hourin the U.K. and with so many people trying their luck in London, the capital is a tough nut to crack for many young startups that can't afford the cost of business in London.

Related:Why London's Tech Community Is Thriving, Despite Brexit

Brexit made it clear that there is still a high degree of disparity between London and other major cities in the U.K. Working with startups distributed outside London will help close this gap by creating deeper relationships and ultimately more tangible results in tech hubs outside London.

利兹和曼彻斯特作为国际公认的al hubs for financial and professional services. It's now time to link the great strengths each of our cities share to boost the sector across the country.

There are areas across the U.K. that are thriving on the wealth of talent andmoneyavailable up and down the country. If London dominates England, there are key hubs in the North with Manchester and Leeds, the South with Brighton and the West with Bristol.

The North

The North of England has always boasted a proud innovation heritage, the locomotive train and hydroelectric power to name a few. Recently, northern cities like Manchester, Liverpool, Sheffield and Leeds looking to drive forward thetechnologyof tomorrow have been flying the flag for the North, and there has been significant investment into revitalizing the "Northern Powerhouse" and mobilizing the inventive talent available.

Manchester

Manchester is rapidly claiming itself as the U.K.'s second capital and is especially pushing its tech prowess;the city had £2.8 billion in digital Gross Added Value (GVA) last year. With initiatives like Project Forward and Manchester City Council awarding two£2-million grantsto establish tech hubs, it is justifying being in the top 20European Digital City Index.

This support for young startups is coupled with the city housing over170 companiesin life sciences, biotech, digital and creative sectors as well as being the hub for MediaCityUK, home to the BBC and ITV. This year, theTech Manchester initiativestated it is dedicated to supporting the development of early stage technology businesses. The region's startups are set to benefit from subsidized space with zero business rates, while plugging into Tech Manchester's network of mentors.

Leeds

After Edinburgh, Leeds recently ranked by a Royal Mail study asone of the best U.K. cities to live and work inand earned praised for its access to healthcare, average earnings and job opportunities. Leeds is nipping at Manchester's heels and developing a strong culture of gaming innovation with global superstar Rockstar Games founded in Leeds in 1997. With companies like Sky Betting & Gaming and NHS Digital based there, as well as the314 startups born in the city, Leeds is proving an attraction forentrepreneursacross the North. Particularly strong is its digitalmarketingsector -- with the city boostingfive out of the top 10 digital agenciesin the whole of North of England, including twentysix, Epiphany and Branded3.

Related:U.K. Startups, Take Heart: If You Can Make It Here, You Can Make It Anywhere

The South

Brighton

Barely an hour train journey from London this seaside town has long been a diverse, creative and cultural mecca in the south of England.

佛r many years Brighton has been pulling in the top creative talent to exciting media and design agencies, and in recent years this has drawn tech talent innovating the latest digital creative solutions. Brighton's creative industry economy isestimated to be worth £1 billionand includes traditional media and design solutions but also a growing gaming scene. The Brighton Games Collective fosters traditional and app-based gaming companies. According to TechCity UK, the city has created12,614 digital jobsand has birthed 218 startups.

Manchester, Leeds, Bristol and Brighton claimtop ranks with their academic institutions. Brighton holds many features to make it an attractive location for burgeoning U.K. startups including its annual digital festival. The month-long Brighton Digital Festival celebrates the richness of the creative and cultural industries in our city and explores the ways in which digital technology continues to shape our lives and our thinking.

Related:The Most Common Words U.K. Companies Use for Their Business Names (Infographic)

The West

Bristol

It might be known for having its own currency and a music scene to die for, but Bristol is readily becoming the nation's newest hub for innovative tech.

Any city that can envisage druids regularly wandering the streets can claim to be tapped into some creative spirits. Often these eccentricities are channeled into robotic and technological innovation.Bristol is home to U.K. sites for nine of the 12 largest aerospace companies in the U.K.including BAE Systems and Airbus as well as HP Labs and Aardman Animations. The city can claim a real draw for tech and engineering talent.

Bristol University graduates over3,000 engineers each yearand the Bristol-based University of the West of England is home to apioneering robotics lab; these large corporates are well fed with young talent. This combined with the nearby GCHQ and Dyson bases all less than an hour away creates a real inventive spirit surrounding the city.

So, despite living in uncertain times pre-Brexit and a decade after the recession, it's heartening to see that outside the capital businesses and entrepreneurs are thriving. Fully taking advantage of global connectivity, technology, education and the change in the way we work as humans, while not forgetting that there's no place like home, despite the shining city lights.

Wavy Line
Daniel Saunders

Chief Executive, L Marks

Daniel Saunders is a technologist-turned-investor and leading adviser in applied innovation. As CEO of L Marks, he has created the U.K.’s largest network of corporate accelerators and launched more than 50 innovation labs globally.

Related Topics

Business News

'This Is My Life Now': Man Hysterically Documents Elon Musk's 'X' Sign Blaring Flashing Lights Into His Bedroom Window

The sign, reportedly put up without a permit, is shining bright at X HQ in San Francisco.

Green Entrepreneur

Phoenix Has Hit 110 Degrees for a Month, But This One Invention Is Cooling Things Down a Tad

佛r the Arizona city amid a record-breaking heat wave, cool surfaces bring a modicum of relief.

Business Ideas

55 Small Business Ideas to Start in 2023

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2023.

Business News

'Soul Crushing': Internet Sleuths Notice Something Is Very Off With This Condo Listing

From the grey carpets to the fluorescent lights, it's obvious that this home was not always a home.

Growing a Business

Corporate Social Responsibility Is More Than Just Charity — Here's Why It's Good for Business.

Is your organization ready to implement a corporate social responsibility strategy? Discover the impact of CSR on executive decision-making.