Tech Nation Scale Ratio: Belfast, Dundee and Exeter the most likely to become leading UK tech hubs
A 2021 Tech Nation scale ratio report suggests that Exeter is one of the most likely cities to become a leading UK tech hub.
It shows that the most successful tech hubs and sectors (by number of companies, and total VC investment) tend to exhibit a common Scale Ratio of: 50% seed stage companies, 30% early growth and 20% late growth (50:30:20). This has been identified as indicative of the most balanced pipeline for accelerating the growth of late stage companies, while nurturing the pipeline of seed stage entrepreneurs. Belfast, Newcastle and Exeter are pinpointed as the tech hubs to watch in 2021, with the highest growth potential Scale Ratios by business count.https://technation.io/scale-ratio/