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Tech top of agenda for deputy first minister on Canada trade visit
Lesley Parsons Lesley Parsons

Tech top of agenda for deputy first minister on Canada trade visit

The tech sector will be top of the agenda for a forthcoming trade visit by deputy first minister Kate Forbes to Canada – which she hopes will encourage investment into Scotland. Forbes jets to Toronto and Nova Scotia today where she will meet banks and assets managers – with a focus on getting more investment into Scotland through key sectors such as digital technology, fintech, renewables and clean energy.

Source: FUTURESCOT

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Ministers welcome new loans that will ‘kickstart’ business innovation
Lesley Parsons Lesley Parsons

Ministers welcome new loans that will ‘kickstart’ business innovation

Ministers have welcomed plans by the Royal Bank of Scotland (RBS) for a new type of loan for high-growth businesses, saying it will help “kickstart” business innovation in Scotland.

From next year, Scottish firms will be able to secure borrowing against the value of their intellectual property (IP), instead of traditional assets such as buildings and machinery.

Source: STV

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Scottish Government backs 'innovative industries' with £5 million
Lesley Parsons Lesley Parsons

Scottish Government backs 'innovative industries' with £5 million

The Scottish Government has announced a nearly £5m investment package backing businesses in innovative industries.

It will provide more than £2m of support for new market clusters set out in Scotland’s Innovation Strategy, including space, robotics and critical technologies like semiconductors and quantum systems.

Source: Business Insider

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Edinburgh research organisation receives £3.6 million for AI health project
Lesley Parsons Lesley Parsons

Edinburgh research organisation receives £3.6 million for AI health project

An Edinburgh-based research organisation has been awarded £3.6m from Scottish Enterprise for a project that uses artificial intelligence (AI) to improve medical scans and speed up data analysis.

Canon Medical Research Europe’s (CMRE) new project will cost around £14m in total, and is expected to benefit both patients and health services.

Source: Business Insider

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Scottish Health-Tech Trade Mission Heads to Japan
Lesley Parsons Lesley Parsons

Scottish Health-Tech Trade Mission Heads to Japan

A trade mission from Scotland’s health technology sector is set to visit Japan next week to strengthen trade and innovation ties and promote Scottish expertise on the world stage. Led by health secretary Neil Gray, the delegation will feature a host of forward-thinking health-tech firms highlighting Scotland’s strengths in digital health and life sciences at a series of events, including Japan Health 2025 in Osaka and a programme at the UK Pavilion at Expo 2025.

Source: DIGIT

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Ministers publish ‘horizon scanning’ report looking at future trends and how they might inform policy in Scotland
Lesley Parsons Lesley Parsons

Ministers publish ‘horizon scanning’ report looking at future trends and how they might inform policy in Scotland

Ministers have published a new ‘horizon scanning’ report looking at future trends and how they might inform policy in an ‘increasingly complex and uncertain world’. The Future Trends for Scotland report looks at 60 global trends spanning areas including politics, the economy, society, technology, health and the environment, to inform strategic decision-making over the next 10 to 20 years.

Source: Futurescot

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Boosting university spin-outs
Lesley Parsons Lesley Parsons

Boosting university spin-outs

New initiatives taking advantage of Scotland’s world-class reputation as an innovation nation have been announced by the Deputy First Minister Kate Forbes. A new package of funding has been launched to help transform Scottish university and college spin-outs into growing businesses. Just over £4.5 million will be split across the Proof of Concept Fund, the Spinout Pipeline Project, the Entrepreneurial Campus Blueprint, and a scheme to help prepare future generations for careers in tech-based businesses.

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