A report from Tech Nation has found that Manchester’s tech scene is growing rapidly with global companies having attracted considerable venture capital investment so far this year.
According to Tech Nation’s Bright Tech Future Jobs and Skills report, Manchester already employs more than 100,000 workers in the digital economy but also had around 164,000 vacancies for both workers with tech skills and non-tech skills in 2018.
New figures from Tech Nation and Dealroom.co for the Digital Economy Council also show that tech companies in the city have raised $528m from investors so far this year, a threefold increase on last year’s venture capital investment, confirming Manchester’s position as one of the UK’s leading tech hubs.
The UK Digital Secretary, Nicky Morgan, said: “Manchester’s tech sector is thriving. It has produced five billion-dollar tech ‘unicorns’, such as fashion retailer Boohoo and online household appliances store AO.com, which are helping to create jobs and drive growth in the city.
“I am delighted that some of the country’s best talent is coming together to discuss how we can help further strengthen the UK’s reputation as Europe’s leading tech player.”
