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Hull tech cluster sees 24% business growth / Tech Nation 2016 infographic
Following on from last week’s launch of the Tech Nation 2016 report, we’ll be looking at each of the seven northern tech clusters in more detail, starting with Hull.
With a track record in software development, hardware, and publishing, Hull’s current strengths include app and software development, e-commerce, data management and analytics.
The strong digital infrastructure provided by the KCOM Group has been key to the success of Hull’s diverse digital tech businesses, from locally established firms like Trident and Ebuyer, to early-stage companies such as Frillo, LabelWORX and Sypro.
The cluster’s startup community is small but growing (24% from 2010 – 2014), with digital tech businesses in the area having been boosted by increased access to loans and support from local incubators such as the Centre for Digital Innovation (C4Di).
Measures are also being put in place to address the challenge of accessing finance. The Hull Business Development Fund provides up to £25,000 for businesses able to provide a sustained benefit to the local economy. The Youth Enterprise Bank, meanwhile, provides grants to aspiring entrepreneurs aged 19 or younger.