It’s safe to say that there’s no shortage of tech companies in London, many of which seem to have gathered in the Eastern region of the capital. It’s estimated that there are a whopping total of 40,000 tech companies in the inner city, with around 5,000 of those being startups.
However, regardless of the size of the industry and the trends it may have, choosing a home for your business is never easy. We’ll break down the best places in East London for tech companies, to help make the decision just that little bit easier.
Old Street has gathered such a strong crowd of tech companies that it’s playfully been given the nickname Silicon Roundabout, mimicking Silicon Valley, California’s most famous tech hub. The area around Old Street has the highest concentration of tech companies in the city; with 50,000 tech employees and over 2000 startups located in the region, Old Street is unrivalled in its influence within the tech industry of London – it has developed into one of the most powerful and well-respected digital clusters on the globe.
Because of the high demand that Old Street has as a well-renowned location for tech and startups, office prices are at an all-time high. However, at Canvas we pride ourselves on providing great value, supporting budding startups and scale-ups that can contribute to the local community and surrounding businesses. At our building at 27 Corsham Street, just two minutes walk from Old Street roundabout, you’ll find affordable and modern office spaces for an all-inclusive rate.
As an offshoot of Old Street, many tech companies also choose to settle in Shoreditch. The area is home to a variety of creative brands that contribute to the entrepreneurial spirit so prevalent across East London.
Check out our offices in Shoreditch here.
Clerkenwell has recently been cited by Government as a prime East London site for technology-based businesses, with plenty of design professionals settling in the area.
An area known for its elegance and style, Clerkenwell is home to the young and ambitious in London. With plenty of bars, restaurants and cafes lining the streets, there’s a great balance of work and play.
Check out our rustic and homely office spaces in Clerkenwell.
Over recent years Dalston has seen an influx of new tech businesses, making the region their home. A result of avoiding the higher rents of Old Street, this overspill has brought a myriad of benefits to the area, with new and trendy bars and cafes popping up constantly.
This city fringe has become a coveted place to work due to the substantially cheaper rents than the more well-known hotspots of East London. Plus, the presence of both Dalston Junction and Dalston Kingsland stations make the area easily accessible. The appeal to be a part of the Dalston tech community is ever-growing.
Take a look at the offices in our beautiful Grade II listed building in Dalston here.