Mayor of London, Boris Johnson, has gathered a selection of businesses, industry leaders and academics to create a plan for ‘Smart London’, aimed at promoting technological innovation within the capital and strengthen London’s economy.

A board headed by the head of innovation and entrepreneurship at Imperial College Business School, Professor David Gann, will look at where London should make investments in new technologies and infrastructures in order to develop efficiencies and remain at the cutting edge of innovation.

The plan will be based on supporting SMEs, increasing investment in London and allow users to seize marketing opportunities gained from new technological innovation.

Professor Glenn said that the ‘Smart London’ plan would look to, “new technology to create jobs and growth for the capital, and an even better London experience.”

Mr Johnson said “London has been at the forefront of technological wizardry for generations, but in a rapidly changing world we will need to work harder than ever to stay ahead of the game.”

He added:“I’m delighted to welcome on board a fantastic line up of experts to help spur the kind of innovation and entrepreneurship that will secure London’s future as the best big city on earth.”

Government offers £24 million for ‘smart city’ proposals