A new incubator has been launched in London to support clean-tech small businesses as part of efforts to make London the world’s leading smart city.
The £1.6m Better Futures incubator will help 100 London-based small firms to deliver low-carbon and clean-tech products that tackle the causes and effects of climate change.
Speaking at last week’s London Tech Week, the Mayor of London, Sadiq Khan, said technology is essential to solving many of the biggest economic, social and environmental challenges we face. He called on the global tech community to help tackle issues such air pollution, housing and the future of transport.
Better Futures aims to help kick-start the development of a clean-tech cluster for London, creating a hub for low-carbon industries in the capital.
The Mayor also wants to see the capital become the leading global city in the use of smart technologies and data to improve public services and city life.
Khan said: “As Mayor of this great city – the best city in the world – it fills me with pride to see our tech sector thriving. New technologies are having an enormous impact on our way of life – reshaping our societies, our economies and our culture.
“My ambition now is to harness the new technologies that are being pioneered right here to transform London into the world’s leading smart city.
“The potential for cutting-edge technology to tackle a host of social, economic and environmental challenges is immeasurable. From air pollution and climate change to housing and transport, new technologies and data science will be at the heart of the long-term solutions to urban challenges.”
According to a recent report by IESE Centre for Globalisation and Strategy, London is already the leading smart city in Europe, and is second only to New York in the global rankings.