Having explored the wider issues involved, I wish to briefly outline how the digital hub project came into being. In mid-2000 the Government established MediaLab Europe, a third level research and development institute, in partnership with the Massachusetts Institute of Technology. It was out of this that the idea for a digital hub grew, the thinking being that the clustering of high-tech enterprises around MLE would optimise the impact of its activities on the commercial sector and, therefore, maximise the return on the Government's investment in MLE. The digital hub and MLE therefore, are key elements in this strategy, which I have already discussed, to build on our success in the IT sector and move it up the value chain by targeting the new growth area of digital media.