INTERNATIONAL TECH HUB | BDO LLP
INTRODUCTION Welcome to the International Tech Hubs ebook, brought to you by BDO’s plugd:in platform. This work represents the latest in BDO’s insights into the future tech hubs of the world. Gathering together the collective expertise of BDO’s partners around the world, we review each locations benefits and advantages for startups, scale- ups, established businesses and investors looking to expand internationally. From untapped talent pools and expansive available capital to strong governmental support, we believe these areas represent the most fertile locations for tech businesses to thrive. We highlight local specialisms and advantages, and correct some myths and misconceptions. Drawing on years of experience advising businesses of all sizes and investors of all interests, we believe the following locations represent the best opportunities for technology ventures: • Australia: a bridge market with deep capital potential • India: a transformed market with untapped potential • Silicon Valley: a mature tech market with opportunities for big ideas • France: a stable region with appeal for the tenacious • Canada: a positive area for growth with significant R&D benefits • London: an unparalleled market with a supportive development heritage • Malaysia: an extremely attractive package for foreign businesses • Israel: a highly innovative zone with a unique talent pool. The world’s present trying times have illuminated the increasing need for technological solutions. The COVID-19 pandemic will lead us to rely more heavily on technological solutions across all sectors, not least manufacturing, agrotechnology, SaaS, medtech and life sciences. Support – both financial and governmental – will be critical to meet the “New Normal” of our post-coronavirus world. The global tech hubs highlighted in this work are still the epicentres of business growth and investor interest, and will be at the heart of this vital post-pandemic project. We hope this ebook provides you with useful and unique insight into the future of the world’s technological developments. Thank you for reading.
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