'Remarkable and unique'
is how Vince Cable described organisations in the Cambridge Cluster during a breakfast event on Monday 18 March to mark the launch of Cambridge Business Week - a celebration of success in technology and innovation with a focus on the achievements and market-leading strengths of local companies.�
Arriving with Cambridge MP Dr Julian Huppert, Dr Cable joined nearly 200 leading entrepreneurs and business leaders from the Cambridge community at the launch event hosted at TWI, Granta Park. The ceremony marked at the start of a day-long tour of Cambridge businesses and the beginning of a week of awards presentations in recognition of outstanding local accomplishments.
Following an introduction by TWI Chief Executive Dr Christoph Wiesner, local figurehead Dr David Cleevely CBE took the stage to speak of the significance of the Cambridge Cluster to UK economic development, likening it to the 'motor that drives the economy' and highlighting the fact that the city celebrated a gross value-added per job, as a measure of productivity, some 30% higher than in London. Dr Cleevely called on the Government to strengthen its support for business so that Cambridge could continue to deliver.
In response, Dr Vince Cable spoke of the importance of ensuring that Government provided the right help for companies in order to keep Britain a world leader in the advancement of technology. Noting Government tax policy, R&D tax credits, schemes for businesses, and the need to invest in science and innovation, Dr Cable concluded, 'This is the most successful cluster of entrepreneurial business in Britain - if there is a Silicon Valley in Britain, this is it.'
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