"That means Government doing all it can to secure a strong future for our thriving tech sector and ensure people in all corners of our nation share in the benefits of its success".
The Prime Minister, who will today hold a summit of figures from the UK's tech industry, said she wanted to ensure that start-ups from outside London would be supported by the scheme, and has ordered the Home Office to encourage wider take-up of the scheme. Some £21m of government money will be invested in the project, which hopes to help create about 4,000 new companies across sites in cities including Cardiff, Birmingham, Edinburgh, and Belfast.
Ahead of next week's Autumn budget, Theresa May has announced a host of commitments to the United Kingdom tech sector - including a doubling of visas available for global talent, and a £20 million fund to help solve problems in the public sector with technologies like artificial intelligence.
Programmes such as Tech North's Future Fifty - which helps tech companies to connect with...
The PM and Chancellor will also confirm that over two million people have now received free digital skills training from businesses such as Barclays, Cisco, Google and Lloyds Banking Group, under the Digital Skills Partnership launched by DCMS earlier this year. He said that the other new centres would be announced in the Budget next week.
"Britain is a world leader in digital innovation with some of the brightest and best tech firms operating in this country", Hammond told media.
The UK Government has pushed its commitment to the UK's tech sector further by announcing more investment and doubling the number of available visas for attracting global talent.
"If London is to continue being the European hub for tech, and if it is to grow to rival other internationally significant tech centres, we must ensure the United Kingdom becomes an increasingly welcoming hub for EU and non-EU nationals alike".
Eileen Burbidge, Chair of Tech City UK, was among a number of industry experts to praise May's decision.
"Our digital tech sector is one of the UK's fastest-growing industries, and is supporting talent, boosting productivity, and creating hundreds of thousands of good, high-skilled jobs up and down the country". On 22 March 2018, the event will come to the U.S. for the first time, taking place in one of the world's most prominent business cities: NY.