News

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.

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.

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).

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.

IBioIC announced today that it will receive £11m of Scottish Government funding to support Scotland’s Industrial Biotechnology sector, aiming for £130m economic boost and creation of 1400 jobs by 2023

A consortium of international Fintech companies together with Fife Council, Fife College and Fintech Scotland, have joined forces to launch Scotland’s first ‘Fintech Skills Academy’.

An Aberdeen-based start-up which has created a revolutionary well integrity monitoring system, has had its technology tipped to become ubiquitous within the global decommissioning industry.

Konrad Technologies, a global leader in sensor testing of Advanced Driving Assistance Systems (ADAS), announces its intention to lead the Scottish market with the opening of its UK offices in Dunfermline, Fife.

Falkirk-based Palimpsest Book Production Ltd, one of the UK’s market leaders in book production, has become the latest Scottish business to announce its transition to employee ownership with 21 employees given a stake in the business.

Two companies, Renovite Technologies and Cyclotricity, are creating 40 new jobs in Dunfermline and Glenrothes after receiving Regional Selective Assistance (RSA) grants from Scottish Enterprise. Fife Council is supporting both companies to settle including assistance with recruitment and upskilling.

Supporting growth in aerospace technology

Businesses in Scotland are to benefit from the most advanced ‘Internet of Things’ (IoT) network in the UK as part of a £6 million project.