News

The Energy Jobs Taskforce met in Aberdeen today to drive forward work which has helped support more than 2,500 individuals and 100 employers through the current downturn in the oil and gas industry to date.

The secure and permanent storage of carbon dioxide (CO₂) within a single geological storage formation can be optimised by injecting CO₂ at more than one point simultaneously, according to results from an innovative study of rocks beneath the UK North Sea.

Creative Scots working in the country’s booming digital sector met last week at the 360D summit in Glasgow to debate the industry’s future, before agreeing to build on Scotland’s strong international presence.

Trials to Commence in October at the Beatson West of Scotland Cancer Centre in Glasgow

Melanoma, Lung and Kidney Cancer Patients First to be Treated

The impact on the Scottish economy of the country’s longest-established business angel investment syndicate, Archangel Investors, has been researched in detail for the first time by the Hunter Centre for Entrepreneurship at the University of Strathclyde Business School.

2014/15 saw Scottish Enterprise offer £57.8million of Regional Selective Assistance (RSA) for projects with planned capital expenditure of £396.7 million, expected to create or safeguard 8,991 jobs across 121 companies.

The Scottish Loan Fund (“SLF”), managed by Maven Capital Partners, has completed a £2 million mezzanine debt investment in Smarter Grid Solutions (“SGS”), enabling the company to accelerate product development and fund its continued expansion in the UK, Europe and the US.

Scotland will be showcased as a key player in the global cycle market this week, as 15 Scottish businesses take their innovative cycle products to the world’s largest bike show, Eurobike, held in Germany between 26 and 29 August.

Scottish Enterprise has today revealed that its investment arm, the Scottish Investment Bank (SIB), invested £66.5m into 155 Scottish companies during 2014/15, leveraging a record private sector investment of £99m.