New funding is supposed to encourage the development of smart technology in London. Image source: Shutterstock (#377534515)
To support his effort to make London the world’s leading smart city, Mayor Sadiq Khan revealed information on a new fund for London-based clean tech firms at the launch of London Tech Week. The Better Futures Clean Tech Incubator will benefit small businesses from London with a total of £1.6 million. The goal is to develop a hub for low-carbon industries in London.
Khan also opened Plexal, an innovation hub at Here East with space for 800 technology start-ups and global corporations. “Plexal will become a truly unique innovation destination not only for London but the rest of the World,” said Claire Cockerton CEO of Plexal.
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