News

A workshop offering free advice and support to businesses operating in the oil and gas supply chain is taking place in Troon later this month - 27 January 2016. The event comes at a time when the price of oil has reached its lowest point in over a decade compounding the challenging environment for Scotland’s oil and gas businesses.

A workshop offering free advice and support to businesses operating in the oil and gas supply chain is taking place in Inverness this month - 22 January 2016. The event comes at a time when the price of oil has reached its lowest point in over a decade compounding the challenging environment for Scotland’s oil and gas businesses.

The Scottish Loan Fund (“SLF”), managed by Maven Capital Partners (Maven), has completed a £5 million investment in The GT4 Group Ltd (“GT4”) the parent company of Blantyre based Gavin Watson Ltd. Gavin Watson has a history spanning back over 150 years and specialises in wet glue label manufacturing for the spirits, coffee, food, water and beverage sectors. The strategic acquisition of TPL will extend the breadth of the Group’s services providing its clients with a ‘one-stop-shop’ for all their labelling needs, avoiding the need to use several manufacturers.

A workshop offering free advice and support to businesses operating in the oil and gas supply chain is taking place in Glasgow early in January (14^th) 2016. The event comes at a time when the price of oil has reached its lowest point in over a decade compounding the challenging environment for Scotland’s oil and gas businesses.

Scottish Enterprise has welcomed the news that ScottishPower Renewables has joined forces with Atlantis Resources to establish the largest tidal stream portfolio in the UK.

First Minister Nicola Sturgeon today announced the findings of a report published by Scottish Enterprise, revealing that risk capital investment in Scotland was up 20% to £244m in 2014. The results represent a five-year growth of 90%, approaching the highest recorded level of £250m back in 2001.

A new £3.9 million investment by East Coast Oil and Gas Engineering Ltd (EC-OG Ltd) to develop its ‘Subsea Power Hub’ (SPH) has received a £1.2 million research and development grant from Scottish Enterprise. This investment will bring new opportunities and increased efficiencies to the oil and gas sector.

The Borders Railway Prospectus, which highlights the opportunities along the railway corridor for investors and businesses, has been officially launched in Edinburgh today.

£1m investment to create 100 jobs

Scottish-based business angel syndicate, Archangels, and the Scottish Investment Bank (SIB) have supported the investment of a further £2m in three growing Scottish businesses in the third quarter of 2015.

Piramal becomes 150th firm to sign FM’s Business Pledge