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<p>The government has supported Tech City through two separate initiatives:</p><p>
</p><p>From April 2011 to 31 March 2014, UK Trade and Investment (now the Department
for International Trade) funded the Tech City Investment Organisation (TCIO) to a
total of £5,590,000. TCIO’s remit was to attract inward investment into the ‘Tech
City’ cluster in East London, and to support companies in the cluster to expand internationally.</p><p>
</p><p>In January 2014, Tech City UK was set up as a company limited by guarantee.
Tech North was established in 2015/16 FY as part of Tech City UK, and supports the
digital economy across the Northern Powerhouse. Up to October 2016, the Government
has funded Tech City UK to a total of £8,742,061, of which £2,734,831 was for Tech
North.</p><p> </p>
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