The world's top 4 tech capitals to watch (after silicon valley and new york) forbes
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The document discusses the rise of global tech hubs seeking to replicate Silicon Valley's success, highlighting London, Tel Aviv, Washington D.C., and Hong Kong as notable contenders. London benefits from government support for startups, with notable successes like TransferWise and Summly. Tel Aviv, known as 'Silicon Wadi,' features a close-knit tech community bolstered by Google’s initiatives, while Washington D.C. attracts tech entrepreneurs drawn by its political environment, and Hong Kong is seen as a promising market with a vibrant entrepreneurial spirit.
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The world's top 4 tech capitals to watch (after silicon valley and new york) forbes
- 1. (image: Vasenka on Flickr) A handful of tech hubs in the world are working overtime to follow in the footsteps of northern California’s Silicon Valley. Recently Tech & Science scoped out several world cities that are doing their best to earn their own “Silicon (something)” monikers. We took a look at why these cities were inspiring techonomies. #4 London The UK tech scene is ironing out a few kinks and gearing itself up to create a scene that will allow ideas to morph more quickly into ramped up companies. The government funded Tech City Investment Organization offers strategy, support and international connections to London and UK tech entrepreneurs, while the Technology Strategy Board hands out public money to worthy startups. Some inspiring startups that have come out of London include TransferWise, a peer-to-peer platform that allows people to transfer money to others while abroad at a lower cost than banks can offer. There’s also the bite-sized news aggregation app, Summly, from wiz kid Nick D’Aloisio. London’s Canary Wharf is now home to Level39—an accelerator unveiled this past December by London Mayor Boris Johnson. Want to see the lay of the London tech scene? Check out this map, it will freak you right out. #3 Tel Aviv Israel’s Silicon Valley is known as “Silicon Wadi,” (it means Silicon Valley) and Tel Aviv has had some tech successes to boast about. The mighty Google just set up shop in the city this past December, opening a one-floor shared work environment available for free to Israeli startups, developers and entrepreneurs. The word from those who ply their trade in Tel Aviv tell a story of a techonomy that is much closer knit than its northern Californian counterpart, which streamlines the process of getting things done and make projects tackled there quicker to come to fruition. Some Tel Aviv startups on the move include the personal video stream creator, Vodio; and gaming company JamRT. You may have also heard of the open source freeware media player, Boxee. ENTREPRENEURS | 3/20/2013 @ 1:38PM | 24,962 views Karsten Strauss, Forbes Staff Journalist covering entrepreneurs, technology & business. The World's Top 4 Tech Capitals To Watch (after Silicon Valley and N... http://www.forbes.com/sites/karstenstrauss/2013/03/20/the-worlds-top-... 1 of 2 27-Jun-13 4:38 PM
- 2. Washington DC (Photo : Wikipedia) #2 Washington D.C. The center of political power in the United States draws more than just tourists, lobbyists and attention- hungry politicians; it’s proven a magnet for tech entrepreneurs too. The population of engineers and idea-people with a mind to start a business has drawn venture money, according to a report. Some D.C. startups you may have heard of include the deal aggregator LivingSocial, wedding organization assistant WeddingWire and social news platform Newsit. For a massive list of startups budding in the nation’s capitol, check out this site that tracks a ton of them. #1 Hong Kong We at FORBES have a thing or two to say about Hong Kong’s prospective place among the very top tech hubs on the planet. Contributor Rebecca Fannin recently explored what it is that makes the city worth watching. Fannin found that its Hong Kong’s perhaps unrealized potential that makes the city such a compelling prospect in the near future. With a community of innovative and ambitious entrepreneurs on one side and a population of internationally traveled, wealthy tycoons on the other, Hong Kong could be a powder keg of a techonomy waiting to explode. Coworking space like CoCoon, begun by entrepreneur Theodore Ma and the AcceleratorHK are up and running and startup culture is breaking through barriers like smaller funding possibilities (for now) and lack of big picture dreams for products. Other startup breeding grounds include The Hive Hong Kong, The Hong Kong Science and Technology Park Incubation Program and Startups HK. Some HK startups include fashion crowdfunding platform ZaoZao and photo to t-shirt company SnapTee. Honorable Mention: Boston & Austin We didn’t forget about you guys. This list was about cities to watch and we are all, indeed, watching the founding ground of companies like PerkStreet Financial, LearnLaunchX, Gazzang and Bazaarvoice. We always loved Boston and Austin, but let’s take a moment to put the spotlight on these other cities and see if they turn the corner. Also, check out a handful of other tech capitals already churning out startups and products in the slideshow below. Cheers! The Best Cities For Tech Jobs This article is available online at: http://www.forbes.com/sites/karstenstrauss/2013/03/20/the-worlds-top-4-tech-capitals- to-watch-after-silicon-valley-and-new-york/ The World's Top 4 Tech Capitals To Watch (after Silicon Valley and N... http://www.forbes.com/sites/karstenstrauss/2013/03/20/the-worlds-top-... 2 of 2 27-Jun-13 4:38 PM