However innovative charity, Nesta says that the UK's migration laws must not compromise the UK's growing technology sector.
Hasan Bakhshi, Nesta's director of creative economy in policy and research, told IT Pro: "Although the education system has a role to play in supplying talent, the truth is that it's a global market and there's a need for skilled labor wherever it comes from.
"We need all of the work that organizations like Tech City UK and the government are doing to ensure that the wider need of the migration system doesn't compromise the digital tech sector."
The government's Migration Advisory Committee has recommended that businesses pay a yearly charge of US$1,445 (£1,000) for every overseas non-EU worker they employ.
"The government has a fundamental role to play in looking at how policy can support the supply of talent that's fit for purpose for these businesses," Bakhshi said.
Britain's Home Secretary Theresa May has also announced intentions to force overseas workers who have lived in Britain for five years to prove they earn at least US$50,0600 (£35,000) a year. If they don't, they will be denied settlement in the UK and could face deportation.
The new pay threshold has led to accusations that Theresa May could starve Britain of vital workers in all sectors, including teaching, the National Health Service (NHS) and entrepreneurial sectors.
A petition launched to try and force the government to rethink its "discriminatory" new earnings threshold has attracted over 100,000 signatures which means parliament must now debate the issue.