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Richard Hyde, Head, Advanced Manufacturing, UK Trade & Investment

Richard Hyde, Head, Advanced Manufacturing, UK Trade & Investment. Four Great Nations. Scotland Northern Ireland Wales England. The UK – a world of advantages. Ease of Doing Business in the UK.

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Richard Hyde, Head, Advanced Manufacturing, UK Trade & Investment

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  1. Richard Hyde, Head, Advanced Manufacturing, UK Trade & Investment

  2. Four Great Nations • Scotland • Northern Ireland • Wales • England

  3. The UK – a world of advantages

  4. Ease of Doing Business in the UK • Annually the World Bank ranks the ease of doing business globally. The 2013 rankings on the ease of doing business are based on the average of the economy’s rankings on 10 topics: • Starting a business • Dealing with construction permits • Getting Electricity • Registering Property • Getting Credit • Protecting investors • Paying taxes • Trading across borders • Enforcing contracts • Resolving insolvency 7th place globally Source: Doing Business 2013, The World Bank, International Finance Corporation

  5. Ease of Starting a Business in the UK • The UK is ranked as an easier place to start a business than many other major European economies – the table on the right provides a comparative sample of major European economies. • You can register your company in just 24 hours in the UK. All high street banks can offer business banking services with online comparison tools available to compare costs. 19th place globally Source: Doing Business 2013, The World Bank, International Finance Corporation

  6. Best for Business • Easy to set up • Legal leader • Investor Confidence • High standards of corporate governance • Pro-business regulation

  7. Competitive Taxes

  8. Best for Business • Strong labour market • Flexible • Effective • Fair

  9. Innovation Nation • R&D tax credits • Patented innovations • Entrepreneurial environment • Business-university collaboration Sir Tim Berners- Lee, British computer scientist and inventor of the world wide web

  10. Entrepreneurial Hub Educational Excellence • Britain is home to four of the world’s top ten universities: Cambridge, UCL, Oxford and Imperial College London Business Incubators • Workspace and business support services at market rates for those in need of early-stage assistance

  11. Support programme for recent graduate entrepreneurs to start-up in the UK • £12k financial support per team member • A 12-month placement with UK accelerator programme • Graduate Tier 1 Entrepreneurs Visa endorsement by UKTI • Logistical help in relocating to the UK • No equity taken! www.siriusprogramme.com info@siriusprogramme.com @SiriusProgramme Programme reopening late Spring 2014

  12. UK Universities Image Library - General - 2013 The UK is home to the top 4 universities in Europe and 7 of the top ten: 1 University of Cambridge, UK 2 University College London, UK 3 Imperial College London, UK 4 University of Oxford, UK 5 ETH Zürich, Switzerland 6 University of Edinburgh, UK 7 Ecole Polytechnique Federale de Lausanne, Switzerland 8 Kings College London, UK 9 Ecole normale superieure, Paris, France 10 University of Bristol, UK

  13. Commercial Gateway • Our GMT time zone facilitates 24/7 business environment • Global links: gateway to EU single market of over 500 million consumers • Diverse marketplace • Migration to the UK: We have reformed our entrepreneur and investor routes • Getting around: integrated system of airports, seaports, railways and roads

  14. Working with UK Trade &InvestmentYour Springboard for Global Growth How we can help you • UK Trade & Investment (UKTI) will provide you with dedicated, professional assistance on locating and expanding your business in the UK. • UKTI and our regional partners offer free, confidential and tailored support in a number of key areas: • Links with centres of excellence (e.g. universities); • Information on tax, regulatory and business planning issues; • Information on financial incentives; • Information on staff recruitment, retention and training programmes; • Assistance with immigration issues.

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