A festival city with the largest university in Scotland, Edinburgh has become synonymous with technology and entrepreneurship, and the University of Edinburgh is the UK’s leading research university in data sciences and informatics. One of the fastest-growing and most productive cities in the UK, Edinburgh is also a fantastic city to live in, rich in culture and history and with good travel links.
The University of Edinburgh contributes £3.3 billion of annual gross value added (GVA) to the UK economy and supports 37,000 jobs, according to the BiGGAR economic impact survey. Its School of Informatics is Europe’s largest centre for informatics and computing science research and EPCC is an international centre for excellence in high-performance computing. New data-led initiatives include being host to Scotland-wide initiatives such as The Data Lab and UK-wide centres including the Alan Turing Institute, the Farr Institute of Health Informatics and the Administrative Data Research Centre.
Edinburgh has a leading digital tech cluster and is home to major international companies including FanDuel and Skyscanner, a unicorn company with a valuation of over £1 billion. The UK’s largest technology incubator CodeBase is also based in the city. According to the Tech Nation 2018 report, Edinburgh is the fastest-growing tech hub, employing over 38,000 people and with over 23,000 people sharing their tech skills through 88 Edinburgh tech meetup groups.
Coinciding with the Edinburgh Festival, Turing Fest brings global tech brands to Edinburgh, offering insight and inspiration to those involved in building tech businesses. Over two days the festival brings together over a thousand tech founders, investors, executives, engineers, product managers, designers and marketers to examine developments in technology and the different aspects of growing a technology-based business.
Edinburgh won Entrepreneurial City of the Year at the Great British Entrepreneur Awards in 2016 and over the last decade the University of Edinburgh’s School of Informatics has helped create 67 new technology start-ups including FanDuel. Informatics Ventures has enabled £550 million in early-stage capital and its EIE conference attracts over 200 angel and venture investors each year and features 60 early-stage companies.
The Edinburgh Festivals are the world’s largest arts festivals and attract over four million visitors each year. The Edinburgh Festival Fringe alone attracts almost two million visitors and combined with the Edinburgh International Festival is the world’s third largest ticketed event after the Olympics and the FIFA World Cup.