Monday, 7 November 2011

Internet World Keynote from Ed Vaizey & Helen Burrows

Helen Burrows - left in picture -  showed us collected evidence that the creative industries are not such an investment risk that is generally thought. Indeed, its a 6 billion pound industry no more risky than comparable sectors.

Someone from the audience said that since the government - that means we citizens - owns a large part of Royal Bank of Scotland that it should take the lead in investing about 1 billion into creative industries.
But Ed Vaizey - Minister for the creative Industries replied that the government was invested in RBS and not in a position to make direct investments to creative start-ups.
Ed also said that the best way to encourage investors was to limit their losses should a start-up fail using tax incentives.

Keynote at the Hospital Club HQ for Internet Week on 7th Nov 2011 at about 11:30 a.m.

No comments: