MIME Technologies, a med-tech spin-out from the University of Aberdeen, has received £248,000 in funding from the Scottish Government to help deliver technology that will support the heavily impacted aviation industry during its recovery from the pandemic. The funding will also help drive
Scottish Government
Grant and investment funding of almost £25 million has been committed to 90 innovative, early-stage businesses in Scotland whose growth ambitions were impacted by the onset of the COVID-19 pandemic. The awards have been made via the Early Stage Growth Challenge Fund, part of a £38m packa
Economy secretary Fiona Hyslop has called on Chancellor Rishi Sunak to ensure the lowest paid furloughed workers are properly supported through its new Job Support Scheme (JSS). The JSS will replace the existing Job Retention Scheme from Sunday. Ms Hyslop has warned that the change will cut the inco
A report outlining a new targeted inward investment plan focusing on nine key sectors to further internationalise Scotland’s economy has been published by the Scottish Government. Announced yesterday by trade, investment and innovation minister Ivan McKee, Shaping Scotland’s Ec
A new strategic approach to attracting inward investors and further internationalising Scotland’s economy will be published today by the Scottish Government. Ivan McKee, minister for trade, investment and innovation, will present Shaping Scotland’s Economy: Scotland’s Inward
Productivity Club Scotland is launching new clubs this month to help SMEs in North East Scotland, Highlands and Islands and the South of Scotland. The new initiatives are aimed at enhancing productivity in Scotland and will be used as a tool to help businesses recover from the economic cr
Finance secretary Kate Forbes and economy secretary Fiona Hylsop have called on the UK Government to reconsider the ‘unexpected’ decision to abolish duty-free shopping in the UK. In a letter to Rishi Sunak, Chancellor of the Exchequer, ministers highlight the impact this will have on ret
From November 2, Scottish firms that are required by law to close due to COVID-19 will be eligible for grants of either £2,000 or £3,000 every four weeks for as long as the restrictions last. Businesses which can remain open, but are directly constrained by the measures, will be eligible
More funding will be made available by the Scottish Government for businesses affected by the extension of temporary restrictions to slow the spread of coronavirus. The First Minister announced that the current temporary restrictions will remain in place until November 2. As a result, funding for bu
Finance secretary Kate Forbes has called on the UK Government to provide appropriate funding to support businesses and communities, the wider supply chain and individuals negatively impacted or forced to close due to lockdown restrictions. In a letter to Chancellor Rishi Sunak, Ms Forbes said any su
Scotland’s GDP increased by 2.6% in August, according to statistics announced today by Scotland's chief statistician.
A £30 million package of funding from the Scottish Government is being made available to local authorities to support people facing financial hardship as a result of coronavirus, including money to provide free school meals over the school holidays. Local authorities will be given flexibility
For the period June to August 2020, Scotland’s employment rate estimate rose over the quarter to 73.9%, according to the latest figures from the Office for National Statistics (ONS).
The Scottish Government has announced a new £40 million fund to help businesses affected by temporary restrictions to slow the spread of coronavirus. The COVID-19 Restrictions Fund will provide one-off grants of up to £3,000, depending on rateable value, to bars, restaurants and oth
Cairn Gorm will benefit from more than £20.51 million of funding from the Scottish Government and Highlands and Islands Enterprise (HIE) to make it a year-round attraction, generating significant economic benefits for the local area and Scotland’s tourism sector. Funded by the Scottish G