Latest News
Scottish Investment Bank case study: Fyne Energy
27 September 2018
A three-turbine windfarm development on the Kintyre Peninsula will generate £15.6 million of community and charitable benefit over the next 20 years. Fyne Energy’s innovative project attracted funding from Triodos Bank and The Scottish Investment Bank (SIB).
Scottish Investment Bank case study: NuCana
27 September 2018
NuCana is a clinical-stage biopharmaceutical company focused on significantly improving survival outcomes for patients with cancer. Scottish Investment Bank’s early funding of £2 million helped leverage major investment for the Edinburgh company.
Scottish Investment Bank case study: the Isle of Harris Distillery
27 September 2018
Right from the start the Isle of Harris Distillery has been known as the social distillery. Launched in 2015, the business has the best interests of the local community at heart, bringing new jobs to the island and benefiting the local economy. Investment from Scottish Investment Bank (SIB) along with other public and private funding helped to establish the company, whose success has exceeded expectations in the first three years.
New action plan to boost Scotland's cyber security industry
26 September 2018
A new action plan will encourage the growth of innovative Scottish cyber security research to deliver world-leading cyber security goods and services.
FDI employment up 9% as Scotland continues to shine
26 September 2018
SDI reports rise in inward investor figures for last year
2017 was a strong year for inward investment projects and job creation in Scotland, with 126 foreign direct investment (FDI) projects generating 8516 jobs for Scotland, up almost 9% on the previous year, said Scottish Development International (SDI) today.
Scotland’s ‘golden opportunity’
26 September 2018
Paul Lewis, Managing Director, Scottish Development International
Our annual inward investment results, published today, provide a useful insight on how Scotland is performing. The results highlight another strong year for Scotland in attracting FDI projects, with 40 new investors choosing to locate in Scotland and an almost 9% increase in job creation from inward investment during 2017/18.
Evaluating the impact of trade & investment support
26 September 2018
Kenny Richmond, Head of Economics, Scottish Enterprise
A recent evaluation examining the impact of international trade and investment support for companies in Scotland has found a significant economic return for both trade and inward investment activity.
Scottish Enterprise welcomes £13.5 million Data Lab funding announcement, including £2.5m from SE
20 September 2018
The Data Lab today announced that it will receive £13.5m of Scottish Government funding to help enhance data innovation’s economic impact on Scotland, generate jobs and build upon the country’s growing reputation as a world leader in data-driven innovation.
Cleaning and flushing decommissioning opportunity opens
18 September 2018
Scottish supply chain companies are being asked to propose solutions for the cleaning and flushing of offshore oilfield infrastructure as part of the decommissioning programme jointly developed by private sector economic development company Opportunity North East (ONE) and Scottish Enterprise (SE).
Fyne Audio secures Scottish Enterprise backing
18 September 2018
As part of Scottish Enterprise’s strategy to support ambitious Scottish companies in scaling more quickly, Glasgow-based loudspeaker brand Fyne Audio has secured significant funding from Scottish Investment Bank to drive business growth.