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In Europe’s leading innovation hub
We have chosen to focus on the Cambridge ecosystem due to its growing importance as one of Europe’s largest and fastest growing deep tech ecosystems. Cambridge is also the European location of choice for numerous global technology companies including Amazon, Apple, Arm, AstraZeneca, GlaxoSmithKline, Microsoft and Samsung.
University 1st £30bn 12x Top 3 121
In the world for producing successful tech founders1
Contributed to the UK economy1
For every £1 of publicly funded research the University generates £12.65 in economic impact across the UK
Cambridge 1st £21bn £8bn
Cambridge is the leading Research Innovation Hub in the UK and seventh in the world2
Annual turnover generated by 5,000+ knowledgeintensive firms1
Of venture investment in the last 10 years3
1 University of Cambridge innovation in numbers (April 2023)
2 Global Innovation Hubs Index (2022)
3 Beauhurst (May 2023)
4 Glassdoor (March 2023)
Of the world’s universities1
University of Cambridge affiliates awarded the Nobel Prize1
72,000+
People working for knowledgeintensive firms1
1st
Cambridge is ranked as the best place to work and second best place to live in the UK4
Gene sequencers
Developed in 1998, reducing sequencing costs million-fold, opening up the possibility for gene therapy to treat currently incurable diseases
Humanised monoclonal antibodies
Invented in 1986 leading to the development of Humira (adalimumab), which is one of the world’s top selling pharmaceutical products with annual sales of over $20 billion+
In vitro fertilisation (IVF)
Developed in 1960s–70s, with the first baby born in 1978. Over 400,000 babies had been born via IVF by 2019
Smart meters
By 2020, 16 million were built, which are projected to save UK households £1.3 billion in energy bills by 2030 and reduce the cost of UK 2050 net-zero target by £16 billion
Raspberry Pi computer
Launched in 2008 and has made technology more equitable, enabling innovation for those with limited resources
ARM microprocessor
Founded in 1990, the microprocessor designs are now used in >90% of mobile phones worldwide
EDSAC
Supercomputer developed in 1946, which performed calculations 1,500x faster than its predecessors