An Ecosystem Powered by Migratory Talent By comparing the nationality of survey respondents with their country of residence, it’s By comparing the nationality of survey respondents with their country of residence, it's possible to get a proxy for possible to get a proxy for the relative share of migrant talent in different regions in Europe. the relative share of migrant talent in different regions in Europe. The UK and Germany, led by London and Berlin, The UK and Germany, led by London and Berlin, are the two most dependent on migrant talent. are the two most dependent on migrant talent. Founders' and startup/scale-up employees' UK & Ireland 44% 56% backgrounds by subregion of residence DACH 44% 56% LEGEND Immigrant France & Benelux 25% 75% National Southern Europe 22% 78% Nordics 19% 81% Central Europe & Baltics 16% 84% Eastern Europe 6% 94% 0 20 40 60 80 100 % of respondents Note: Founder and private tech startup and scaleup employee Source: respondents only. The UK tech ecosystem is the most heavily MIGRANT TALENT IN EUROPEAN TECH dependent on migrant talent of any in Europe of founders and employees of private tech % start-ups in the UK are migrants, more than 44 any other region European tech startups are highly dependent on MIGRANT TALENT IN EUROPEAN TECH talent that has migrated to work for companies outside their home countries of founders and employees of private % European tech startups who are working 28 outside of their home countries Roughly half of the tech workforce has come Roughly half of the tech workforce has come from abroad in from abroad in four European hubs. four European hubs Selected European hubs by share of Berlin 46% immigrants in tech workforce LEGEND London 45% Share of immigrants in the tech workforce (%) Stockholm 24% Paris 23% Helsinki 14% 0 5 10 15 20 25 30 35 40 45 50 % of immigrants in tech workforce Note: Only respondents working in the tech industry. Cities with less Source: than 100 respondents ïltered out. & 51 In Partnership with www.thestateofeuropeantech.com
The State of European Tech Page 50 Page 52