News
Scottish Gov bets £328m to turn innovation into industry
A new report details the Scottish Government’s progress so far in transforming breakthrough research into commercial success, and outlines big plans for the future. The Scottish Government has pledged to invest more than £328 million to transform the country’s bleeding-edge research into commercial success, a huge cash outlay which the SNP hopes can power new businesses, products and services – making the country an “innovation nation”.
Source: DIGIT NEWS
Equity investment in Scotland’s smaller businesses bounces back
Smaller firms in Scotland saw increased levels of equity investment in 2024, as London became less dominant and the wider UK saw a collective decline.
That's according to the British Business Bank’s annual Small Business Equity Tracker , which showed that equity deals involving small businesses in Scotland totalled £507m last year; up 28.3% on 2023’s £395m.
Source: Business Insider