By Mark Kleinman, City Editor
The Downing Street adviser who led the development of efforts to transform part of London into a rival to Silicon Valley is to quit for a role in the private sector.
I have learnt that Rohan Silva, a senior policy adviser to David Cameron, resigned last month and will leave in the summer.
The departure of Mr Silva, who is in his early 30s, will come as a blow to both Mr Cameron and George Osborne, the Chancellor, who have relied on him to formulate key areas of the Government's economic growth strategy.
Mr Silva is understood to have held talks about taking up a role as an "entrepreneur-in-residence" at Index Ventures, the technology investment firm which has backed some of the world's most successful internet companies, including Facebook, Lovefilm and Net-a-Porter.
It is understood that any position that Mr Silva takes at Index would be temporary, and that he intends to launch a business in the digital education sector.
It is not clear whether that venture would receive financial backing from Index.
Mr Silva has been the driving force in Downing Street behind Tech City, a media and technology hub in London which marked its second anniversary in December.
He was also instrumental in persuading Joanne Shields, a senior Facebook executive, to join Tech City as its chief executive.
The project has met with some success, persuading companies such as IBM, KPMG and Microsoft to establish a presence at the London site, although it has been derided by critics as a vanity branding exercise for Mr Cameron that will deliver negligible benefit to the struggling British economy.
After joining the Treasury as a policy analyst from university, Mr Silva became an adviser to Mr Osborne while the Conservatives were still in Opposition. He has worked directly for Mr Cameron for the last two-and-a-half years.
In addition to Tech City, Mr Silva has also been involved in an initiative to create a new listings market in London for high-growth companies that will ultimately aim to rival Nasdaq.
A Downing Street spokesman said it did not "give a running commentary on staff changes" but a source close to Mr Cameron confirmed Mr Silva's resignation, saying: "Rohan is committed to entrepreneurship and has always said he wants to start his own business at some point. His departure is not imminent."
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