Silicon Milkroundabout

Silicon Milkroundabout is a series of job fairs held in London and Edinburgh for the UK tech start-up community. The event was set up by Songkick in order to attract computer science talent to the startup community. The event's name is a portmanteu of Silicon Roundabout and the Milk round university recruiting events.

Eric Van Der Kleij the chief executive of the Tech City Investment Organisation said: "The technology industry is flourishing in the UK, and digital and tech companies are providing increasing opportunities for employment. While the sector contributes £66.4 billion annually to the economy, one of the biggest challenges is finding the very best tech talent and convincing them that start-ups are the place to be."

Milkroundabout’s 'bootstrapped initiative' has been a massive success and helped lots of early stage startups throughout the years. They offer highly subsidised pitch spaces to bootstrapped teams* and are also currently on the hunt for underrepresented groups to help; teams with a female on their founding team and founders under 25.

It’s inclusive, and it puts the little startups in the same room as the scale-ups and high growth tech companies. It is integral to the company’s founding values of inclusivity and cross-pollination. The Initiative is championed by co-founders Cristiana Camisotti and Pete Smith

Bootstrapped startups have no external investment and they are usually two person teams working from a tech hub, coffee shop or from their bedrooms.

Milkroundabout have helped 10-20 bootstrapped companies at each event in London and Edinburgh since 2011 and of the 138 Bootstrapped companies supported in their infancy, they have gone on to raise $91,968,400 in investment. These include UK success stories Citymapper, Constant Commerce and Osper.

The Bootstrapped initiative is now also offered to bootstrapped companies at their events in Brooklyn where they are known as The Round.

The inaugural event was held on 15 May 2011 with more than 30 companies in attendance. The event attracted more than 500 developers.

The second event in the series was held on 30 October 2011. 102 start-ups exhibited.TechCrunch covered the event. More than 500 jobs were offered and more than 1200 developers attended.

The third event was held on 26 and 27 May 2012. This time it was a two-day event focusing on product management, user interface design and analysts on the first day, and developers, testers and project managers on the second.

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