In London, founders of startups generally find it easier to access financial and operational support, from funders, accelerators and Government-sponsored vehicles such as TechCity. However, the costs of growing a startup in London are forcing many startups to look outside the city as increasing office and accommodation costs, plus the higher salaries of additional staff, are making it difficult for them to expand. 66% of London startups consider relocation within twelve months of starting up.
One key reason for looking at moving is the price of personal accommodation. Compare these two canalside properties in London and Leeds, and you can see why moving to Leeds is a great choice financially.
But bringing your startup to Leeds isn't just about the money, it's also about the established tech and digital networks we already have here. Leeds is number five in the Barclays Prosperity Index, with the joint highest proportion of female entrepreneurs; Yorkshire also had the second biggest rise in the number of new businesses. It's a great place to grow your business.
You can grow your business in Leeds
Come to Leeds for a couple of days and visit existing digital companies, find out more about office and personal accommodation, as well as the social side of Leeds. We'll take care of the train and hotel costs.
If you like Leeds after the two days, let's talk more about how we can help you move. If moving isn't right for you,then let's talk anyway about working together; after all, we're only two hours away.
I'm Stuart. I work with a number of startups including Synap, I'm a director and co-founder of Media Yorkshire, and I'm the Festival Director of the Leeds Digital Festival. If you want to know more, call me on 07789 845799, e-mail at firstname.lastname@example.org, connect on LinkedIn, or fill in the form below and we'll get back to you.