A government initiative to attract more global start-up businesses to Tech City in east London could create new IT jobs in the capital.
David Cameron is set to invite up to 300 new companies from around the world to an event known as the StartUp Games, which will see them compete for recognition against the backdrop of this summer's Paralympics.
According to the Telegraph, it is hoped the project will encourage the permanent relocation of dynamic start-up firms to the Tech City cluster, which lies between the Olympic Park in Stratford and the City.
The prime minister has said the Olympics and Paralympics will "put the eyes of the world on Britain as we host not just an unparalleled sporting spectacle, but also a chance for companies from across the globe to interact and do business here".
In November last year, a number of leading technology executives from the US visited Tech City as part of the annual Silicon Valley Comes to the UK programme.
Posted by Rachel Hughes
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