U.K. Government Finds ?50M To Fund New Hub For E. London?s Startup Cluster; To Host Co-Working Space, Classrooms, Workshops

The U.K. government is throwing a big swathe of money at the east end of London -- announcing a ?50 million plan for regeneration of the Silicon Roundabout area. The funding will go towards establishing a new "civic space" -- billed as Europe's largest -- that will be dedicated to start-ups and entrepreneurs in the area, with co-working spaces, classrooms and workshops.

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