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Cryptocurrencies, the stock market and property….these are just some of the many ways to make your money from you these days. Almost every day you hear of bitcoin skyrocketing, UK house prices hitting record highs and the stock market values hitting all-time highs. But you may also be wondering what else is out there for you to invest in? What is the next big thing that investors are putting their money into that could explode? Our answer is… the UK tech sector with UK startups! We’re going to show you how much the UK tech sector has grown in recent years and how investing in it could make your money work for you.
Image from: Earnlite.com
The economic uncertainty surrounding Brexit is nerve-racking for businesses and consumers alike. Brexit has made long-term planning hard for governments and businesses and this has had a knock effect on ordinary people like you. Especially for people who have savings and disposable income. Many of you probably have money stashed away in ISA savings accounts, right? While ISAs have their benefits, their interest rates are very low and therefore probably don’t give you much of an annual return on the amount of money you’ve put in. Thus making putting all your money in ISAs not very effective in the long term to make you money work for you. Cryptocurrency is another way that we mentioned above, as I’m sure you’ve heard. The volatile nature of the Cryptocurrency makes trading it very daunting for most people and even investors. Buying cryptocurrency and holding it until it skyrockets is probably the best way for you to take advantage. Putting all your eggs in the cryptocurrency basket may be too risky because of its volatile nature. Playing the stock market and building a stock portfolio is yet another way to make your money work for you. However the stock market is also very volatile, it requires a lot of monitoring and investing to get the best results. You might simply just not have the time and confidence to do this. While knowing which stocks to invest in requires you becoming a part-time analyst. While the various options we’ve already described have their benefits, taking advantage of just one or even all three can be too difficult for most people for the reasons we’ve mentioned. Therefore that’s why we feel that investing UK startups specialising in tech is another great option to make your money work for you.
If that was too techy for you, follow the link for a different explanation: Bitcoin Explained by The Guardian
Next, we’re going to show you much the UK tech sector has grown recently and why you should look more seriously at the UK startup companies. Contrary to what you might be thinking, the UK technology sector has actually grown to record-breaking levels, since the Brexit referendum result of 2015 and the 2016 general election. According to londonandpartners.com 2017 was, in fact, a record year for UK and London tech firms. Their research showed that Britain was actually the number one country in Europe for technology financiers worldwide. This was because the UK start-up tech companies received more investments than any other countries in Europe and the EU. All this despite the economic doom and gloom resulting from the dark Brexit cloud hanging over Britain these days.
Londonandparters.com’s report goes further and breaks down what each of the major European Countries received an investment over the years for their tech sectors. Along with the UK tech sector’s growth in investment. In 2012 the UK tech sector received £404.52 million and this grew over time until 2017 where the sector received £2.99 billion investment. This is in stark contrast with the tech sectors in the European countries. In 2017 Germany received £694.49 million, France with 667.63 million, Sweden £418.87 million, the Netherlands with 279.14 million, Spain with £192.87 million, Finland with £128.62 million, Ireland £123.06 million, Denmark £62.21 million and finally with Portugal and £6.63 million. As you can see, it’s all about the UK tech sector! The UK tech sector was, in fact, the only one to receive over a billion pounds in investment out of the rest of Europe last year. If all these big venture capital firms and other investors around the world are so confidently investing in the UK tech sector, maybe you should too.
But which UK startups in the sector should you invest in? Us at Urgos, of course! We are a new UK tech startup with an innovative idea with the potential to disrupt the market that has already received its first investor. We are developing the Urgos kettle! An energy efficient kettle with other features which will be disclosed in due course. We have already trademarked our name as tech brand, registered our design and applied for our patent to protect it. This shows you how serious we are about our product and business. We are working hard to develop our prototype in order to attract larger investors.
How do I invest in Urgos, you are obviously thinking at this point… There two ways at the moment. You can become an angel investor for Urgos if you want a bigger piece of our pie. With startups the earlier you invest in them, the bigger the piece you get. So, get in early! If you’re interested in angel investing in Urgos please register your interest via our contact page. The other way to invest in Urgos would be in our crowdfunding campaign, where we are giving away equity in exchange for your investment. What better perk is there than getting a piece of our UK startup itself for your money. To get notified about when our crowdfunding campaign begins to join our free newsletter here to get the details. We really hope this article has helped you understand how to make your money work for you.
That’s it from us for now,
The Urgos Team