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Silicon Valley Bank - the bank for high growth technology
businesses - annually asks US based startups about their company's
health, hiring plans, industry and market issues, government
policies and other factors impacting their growth. This year we
wanted to widen the net and understand the issues affecting our
startup friends on this side of the pond. So, in December 2012 we
introduced a similar survey in the UK, resulting in a survey sample
of 125 UK based c level executives from innovative tech businesses.
For the purposes of this study, UK startups are primarily defined
as those in the innovation sector with less than £25 Million in
annual revenue and fewer than 100 employees. Here's what we
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Silicon Valley Bank is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK under No. FC029579. Silicon Valley Bank is authorised and regulated by the California Department of Business Oversight and the United States Federal Reserve Bank; authorised by the Prudential Regulation Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request. Silicon Valley Bank is a subsidiary of SVB Financial Group, a Delaware corporation and is an affiliate of SVB Financial Group UK Limited. SVB Financial Group UK Ltd is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK under No. 5572575 and is authorised and regulated by the Financial Conduct Authority, with reference number 446159. SVB Financial Group and its subsidiary Silicon Valley Bank are members of the Federal Reserve System and Silicon Valley Bank is a member of the FDIC.
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