Startup competition

Following its recent move to London’s ‘Silicon Roundabout’, leading tech city hosting and cloud services provider, ServerSpace, will invest £50,000 into a ground breaking global competition to bring a high-growth technology company to London with a £1 million investment. Launched at the Digital Shoreditch 2013 festival, the Million Pound Startup aims to showcase London as a prime location for fostering global digital and technology businesses.

ServerSpace will join a host of leading businesses and organisations that will work together to ensure the winning company has everything they need to succeed. Each partner has not only invested money, but has pledged to offer dedicated support and assistance to the winning company as it sets up operations in London. The competition’s partners include; The Mayor of London, The Tech City Investment Organisation (TCIO), Taylor Wessing, Seedrs, City University London, London & Partners, London First, Schools for Startups, KPMG and Ketchum.


Tim Pat Dufficy, managing director of ServerSpace, said: “London has become a hub of innovation and development in the technology world. Exciting new tech start-ups based in East London are being formed every day and it is these companies that ServerSpace is keen to support and help grow. Becoming an investor in the Million Pound Startup competition will enable us to help the continuous growth of London’s Silicon Roundabout and also be part of a thrilling project to create the next big thing in technology.”


“This is an amazing opportunity for a young company to receive a massive start-up investment, but also first-class support from a network of high profile companies and like-minded entrepreneurs,” commented Kam Star, founder of Digital Shoreditch. “We are overwhelmed by the support the competition has received from organisations such as ServerSpace. The company is already well established in the tech city area and we look forward to working closely with the team at ServerSpace to build a better future for the area.”

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