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Leaving the EU would put tech startups at risk, says Ed Vaizey

Speaking at the launch of London Technology Week, minister of state for culture and the digital economy Ed Vaizey says the digital single market is a “massive opportunity” for UK tech companies

The launch of London Technology Week saw culture and digital economy minister Ed Vaizey urging his audience to vote to remain in the European Union (EU).

He said that the UK has had a “massive success story in attracting investment and talent” and if it should leave the EU “that talent will be put at massive risk”.

“You all know how important it is to be able to access the talent pool across Europe. We really can’t put that at risk,” he added.

He also said the digital single market is an “opportunity for tech companies in the UK to spread their wings even more than they are already doing”.

Commenting on the launch of London Technology Week, he said that the UK tech industry is a “great success story” the government is proud to be a part of.  

During the week, more than 300 events will take place around the capital, including Computer Weekly’s 50 most influential women in UK IT event on 23 June 2016, where this year’s winner will be announced.

Early findings from research done by recruitment firm Mortimer Spinks and Computer Weekly found that London is still the best location for women to build their businesses. However, more than half of respondents said less than 15% of their tech teams are female.

Mayor of London Sadiq Khan said London Technology Week “shines a light” on the industry in the capital, and that the tech sector should be open to “all Londoners”. He added that he wants to reverse the under-representation of women in the industry.

“Tech-savvy Londoners welcome new digital advances that are going to revolutionise the way that we live. It is crucial that we harness those ideas to help the capital work even better as a city,” he said.

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