Thursday, 17 December 2020 09:29

Digital strategy funding increases to £130m

Business Minister Fergus Ewing

Scottish Government spending on digital strategies will rise to £130million in 2016/17, as part of a package of measures to boost the culture of innovation and connectivity north of the border.

An additional £345million of investment has been pledged for Scottish universities, businesses and enterprise agencies to further bolster the innovation culture.

It aims to support economic growth by working with enterprise agencies, the Scottish Funding Council and universities to consider how best to use the budgets, of over £345million, to drive increased collaboration and forward the development of new products.

It will also continue to provide funding for its eight Innovation Centres, where organisations work in partnership to support the commercialisation of research in a range of sectors.

Business Minister Fergus Ewing said: “We want to ensure that homes and businesses across Scotland are in a position to take advantage of comprehensive, high-quality digital infrastructure and, with funding for digital strategy rising to £130million this budget will ensure that homes and businesses, especially in rural areas, benefit from all that digital has to offer.

“Innovation is a key driver of growth, competitiveness and productivity and therefore rightly sits at the heart of Scotland’s Economic Strategy. Scotland’s businesses and universities are key to driving innovation and we are determined to support their work in this area.”

“We believe that our approach to innovation support requires a greater focus to achieve more significant economic impact. We will work with all our partners – including enterprise agencies, the Scottish Funding Council and universities – to further align our approach, to pool funding and to simplify access to support.”



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