Why UK for Digital?
The UK has the largest internet economy in the G20 group of industrialised nations, accounting for 8.3% of its total GDP. Online retail in the UK is nearly three times as strong as in the United States, and online advertising is nearly double. The digital economy has spread into every sector of the UK economy and now comprises of almost 270,000 active companies.
The UK has one of the strongest retail sectors in the world. With over 70% of the population using smartphones (and number of devices connected to the internet is estimated to reach 320 million in 2022), it is increasingly a “nation of digital shopkeepers”: forecasts suggest at least 20% of retail will be done online by 2016.
It is also home to one of the world's leading global financial services centres and many of the world’s leading and most innovative companies in digital media, advertising, publishing and telecoms. In addition, fin-tech investment in UK ventures is growing faster than any other market in the world.
The UK has one of the largest and most diverse creative industry sectors in the world, and is home to world-renowned businesses in Media, Advertising, Fashion, TV, Film and Design. In recent years London has become home to Europe's fastest-growing digital tech cluster, Tech City UK.
Digital
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What could this mean for you?
If you are an Israeli start-up with an innovative technology solution in areas of e-commerce, ad-tech, mobile, big data, fin-tech and cyber, we can help your business go global by partnering with top-tier British corporations.
British retailer, media, mobile or finance company? We can help you gain a global competitive advantage by partnering with the most innovative tech solutions identified through our screening and scouting processes. We can also connect British start-ups with Israeli entrepreneurial peers to pursue collaboration opportunities. For investors on both sides, we offer connections to innovative tech solutions in both the UK and Israel.
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Relevant partners and Organizations
British Private Equity and Venture Capital Association
Database of Israeli companies by sector/subsector
2013 Israel Hi-Tech Exit Report
Why Israel for Digital?
With the highest number of tech start-ups per capita outside of Silicon Valley and high-tech making up to 45% of its exports, it is no wonder Israel is commonly referred to as the “start-up nation”. Israel also has the highest rate in the world of R&D spending as a percentage of its GDP.
With thousands of innovative start-ups in the digital space – notably in e-commerce, new media, ad-tech, big data, fin-tech and related cyber technologies and recent high profile success such as Waze, Viber, Cyvera and PrimeSense, there is a tremendous potential for partnerships with British companies looking to partner with innovative solutions. Israeli businesses are internationally oriented, with a small local market driving companies to look beyond their borders as a source of growth.
A 2013 study showed that the best of Israeli creative minds are concentrated in more than 200 research and development centres in Israel belonging to the world's leading technology companies (Google, Apple, Intel, Barclays, Sears, British Telecom, etc.) that chose to set up innovation centres, R&D centres or to situate tech scouts on the ground in Israel to further their innovation needs.
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We connect innovative British and Israeli corporations and start-ups to address the technological challenges and opportunities of the digital world for the media, advertising, retail and financial industries