Manchester’s aim to become the centre of the Northern Powerhouse concept has been dealt a large boost with a group of high level entrepreneurs in the city getting together to form the Manchester Tech Trust. The aim of the trust is to help businesses in the city gain access to funding. This will be done by linking them up with investors interested in start up companies within the region.
Digital industries account for nearly 50,000 jobs in the Greater Manchester area and generate 2bn a year in economic output. This is an industry on the rise with experts predicting that digital industries in Greater Manchester will grow by 72% by the year 2025.
Despite this, and the Northern Powerhouse concept starting to form, there have been reports of graduates from Manchester relocating to London to compete for the best jobs, many of which are in the digital sector. But with this boost to the local economy this may be less of an issue than reports have suggested. Manchester has every right to be regarded as an economic hub of the North West. This is reflected in the many successful businesses, not just in the digital industry but right across a variety of economic sectors.
Sovereign Business Transfer’s portfolio is varied and expansive, and does include a number of digital businesses, including a marketing agency and a highly ranked news and current affairs website. We also endeavour to stay on the crest of the digital wave with a strong online presence through our website and various social media outlets.
But don’t just take my word for it, visit us at www.sovereignbt.co.uk and have a look at our digital businesses. You can also follow us on our various social media platforms to keep up to date with all our latest developments and businesses for sale, because at Sovereign we believe that the rise in the technology industry is here to stay.