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02 July 2018

Statement following Sunday Mail article (1 July 2018)

SE response to media coverage regarding payments made to an undisclosed company

A spokesperson for Scottish Enterprise said: "At the point of responding to this Freedom of Information request, we agreed to withhold the company name as it was at a critical point in securing additional finance from other sources. Time has moved on and we can now confirm that Silva Renewables Ltd was the recipient of £475,000 over a three year period to support its growth ambitions. This comprised funding of £80,000 and a repayable grant of £395,000 which will be fully repaid.”

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Scottish Enterprise is Scotland's main economic development agency and aims to deliver a significant, lasting effect on the Scottish economy. Our role is to help identify and exploit the best opportunities for economic growth. We support ambitious Scottish companies to compete within the global marketplace and help build Scotland's globally competitive sectors. We also work with a range of partners in the public and private sectors to attract new investment to Scotland and to help create a world-class business environment.

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