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Saturday, August 4, 2012

postheadericon Hi-tech cluster keeps business booming in Cambridge

to support culture, talent and international brand name for the Silicon Fen help to thrive despite the recession

Under the rays of a barn in the 13th century, a senior consultant Jonathan Oakley is again to allow the tip of the craft for inspection. If it passes clinical trials, the unit will be able to support the transplanted liver artificially up to 24 hours. This is a feat of Oakley, who has worked in the lab for nearly a quarter century, admits he was "a challenge".

For Team Consulting, a small design and development company in the area of ??Cambridgeshire, the system is the ultimate test of the company, as usual, despite the recession. In fact, Dan Flicos, commercial director, said that 2011 was the best in 26 years of history.

Like the rest of the United Kingdom, Cambridge and surrounding areas does not come out of recession. Many public sector jobs were lost, unemployment has increased and some small businesses have ceased operations. But, supported by a group of high technology in recent decades has been transformed into a university town of Cambridge in a sleep center Knowledge booming worldwide coveted area has been particularly robust. According to the Centre Study Centre for Cities (CFC), the private sector increased by 2.4% in Cambridge in 2009-10. "We are not immune," says Alex Plant, Chief Executive of the economy, transport and housing in Cambridgeshire County Council. "But overall the economy has shown remarkable resilience here."

plants and others point out that, far from being a monolithic structure, the so-called high-tech cluster of about 1,400 businesses and 40,000 jobs involves a large number of sectors. Biotechnology in an ICT technology sector booming clean, these groups are economically powerful in themselves, the type of niche market remains attractive for investment despite the global recession.

"This multiplicity of groups, all strong and all areas where the UK still has a comparative advantage and can play effectively on the international scene, is probably what's behind the strength of the economy, "said Plant.

What are the keys to the so-called phenomenon of Cambridge and other cities can learn from their success?

Charles Cotton, entrepreneur, investor and one of the greatest statesmen of the highly respected group, came to Cambridge in 1983 to work for the inventor Clive Sinclair and stayed. Since the early days, he says, of the University of Cambridge - in many respects today at the heart of the group - has undergone a fundamental change in attitude. "In 1960 and so on, the university turned away effectively in trade and industry, and said," we did not end up like Oxford, "he says with a wink to.

Billy Boyle, 33, co-founder of nanotechnology Owlstone, began his doctoral thesis on hold in 2004 to pursue a business idea with two other graduates. Eight years later, the three men are at the forefront of a company that designs increasingly miniature chemical sensor on a chip, and has raised $ 15 million (£ 9.5 million) in investments.

"Everything came to Cambridge individually and we were just not geeky engineer types, but also because we wanted to start a business from the rear of the investigation," Boyle said in his headquarters in Science Park. "And in Cambridge was a place that had a reputation for doing so."

Boyle speaks also to support Silicon Fen, strong network culture in which "chance encounters" occur regularly. "We've had mentors, people who were on the scene, had done before had been very successful, and they gave a lot of time for total beginners asking the stupidest questions." "There is a great desire to help others. The" pay back "mentality is alive and strong."



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