London & Partners: British Women CEOs Look to Silicon Valley for Expansion

Leading female tech entrepreneurs travel to Bay area for trade mission

Women-led tech companies are driving force of UK SME growth

LONDON–(BUSINESS WIRE)–Leading female entrepreneurs from the UK’s tech sector will travel to
Silicon Valley as part of the latest international trade visit for the
Mayor’s International Business Programme, SVC2UK and led by London &
Partners, the Mayor of London’s promotional company.

Fifteen female founders from some of the UK’s fastest growing technology
companies visit the Bay area, as they look for opportunities to expand
their business and secure extra funding from the US market.

Female founders are an important driver of growth for the UK economy.
According to research recently released by Founders4Schools, women-led
businesses make up 11 per cent of UK SMEs. The research also found that
there are 762 companies in the UK, with a turnover up to £250m ($360m),
which are also led by women and growing at a median rate of 30 per cent
a year.

The four-day trade mission offers opportunities for founders to meet
with senior representatives from Silicon Valley giants including
Facebook, LinkedIn and Silicon Valley Bank, as well as Brits from the
tech and business community who have successfully scaled their companies
on the West Coast.

High-profile entrepreneurs travelling on the trade mission include
Caroline Plumb, co-Founder, CEO of Freshminds and Jessica Butcher,
co-Founder and Director of Blippar.

Melissa Morris, CEO and co-Founder of Network Locum, said: “The
trip is going to give this group of strong women a fantastic insight
into how things are done in Silicon Valley. I’m looking forward to
building more transatlantic connections which will help my business
grow. It’s also an important opportunity for women in London’s tech
scene to cement a strong supportive bond.”

The trade mission is being led by London & Partners, the Mayor’s
official promotional company in partnership with Silicon Valley Comes to
the UK (SVC2UK), the Mayor’s International Business Programme and the
British Consulate General in San Francisco.

Priya Guha, British Consul General in San Francisco, said: “This
unique experience will provide opportunities to foster collaborations in
one of the most innovative, high-tech regions of the world. It will also
be a place where we hope they will find some of the partnerships and
tools to scale their businesses. I look forward to hosting them in the
Bay area.”

Launched in 2006 by Sherry Coutu, Ellen Levy and Reid Hoffman, SVC2UK is
a not-for-profit programme run by London & Partners to promote stronger
networks and entrepreneurship between Silicon Valley and the UK.

Janet Coyle, Principal Adviser on the Mayor’s International Business
Programme and MD SVC2UK at London & Partners, said:
“Silicon
Roundabout and Silicon Valley both offer investors access to world-class
tech talent and unrivalled opportunities to internationalise and scale
up. We have a wonderfully inspiring group of women on the delegation
this year who are leading some of the fastest growing tech companies in
the UK. On average, the annual growth rate of these companies’ turnover
is more than 230 per cent. I look forward to watching these companies
achieve the successes that they deserve in the coming years and hope
that this international visit will help them get there.”

Contacts

London & Partners
Ben Pattie
press@londonandpartners.com
020
7234 5710.