In 2016, research was published that identified the cluster around Silverstone, an area spanning as far as Birmingham, Oxford, Cambridge and Luton, in which approximately 4,500 businesses reside who specialise in advanced engineering, electronics and software. As a result of this research, the Silverstone Technology Cluster (STC) organisation was founded.

The STC exists to help the businesses identified in the report, specifically in the three key areas of promotion, support and thought leadership.

Promotion aims to raise the profile of STC members and their capabilities at a national and international level. Support focuses on business growth and encouraging and helping businesses to scale up and lift themselves to the next level. For thought leadership, the STC has formed Special Interest Groups (SIGs) as a proven way to bring like-minded companies together to network, debate the latest developments in the industry and seek out new commercial opportunities.

Bringing like-minded companies together and encouraging them to collaborate is very much at the heart of what the STC does, and as a not-for-profit organisation supported by founding members such as Silverstone Park, Barclays, Grant Thornton, EMW Law, Hexagon, Aylesbury Vale District Council and South Northamptonshire Council, it aims to deliver what its membership requires, without chasing any political or financial agendas.