28 September 2015
First Minister Nicola Sturgeon today confirmed Scotland is set to become an ‘innovation nation’ thanks to a new £78 million funding package which will help Scottish businesses develop almost 1,000 new inventions, products and services.
— BBC Scotland News (@BBCScotlandNews) September 28, 2015
The First Minister made the announcement while speaking to 80 business leaders and SCDI members.
— SCDI (@SCDINews) September 28, 2015
The measure is the next key step in the Scottish Government’s Economic Strategy which focuses on investment, innovation, internationalisation and inclusive growth.
The £78 million fund will be available to business between now and 2018 and will offer a bespoke support service of financial support and specialist advice.
The fund is also expected to allow an extra 1,200 businesses to work directly with our universities.
First Minister Nicola Sturgeon said:
“We want to support ambitious and innovative companies in every corner of Scotland. And we want those companies to develop and profit from new products, which improve the wellbeing of individuals around the world.”