40 Scottish companies to benefit from Scottish funding of £ 10million

0

The Scottish Enterprise economic development agency today announced that £ 10.7million has been approved for 43 projects involving a capital investment of £ 61.6million.

More than 750 green jobs are expected to be created and by the projects.

The awards are presented through the agency’s Green Jobs Call, which is part of the Scottish government’s £ 100million Green Jobs Fund. Grants ranging from £ 50,000 to £ 500,000 have been made available through the call.

Companies that applied for funding had to demonstrate that they would create or preserve jobs directly related to the transition to net zero or minimize environmental impacts by developing sustainable, low-carbon products or services.

Adrian Gillespie, CEO of Scottish Enterprise, said: “This funding round shows our commitment to supporting Scotland’s transition to a greener and fairer economy, and to creating good green jobs.

“The wide range of projects highlights the increasingly innovative approaches taken by companies to meet the net zero call, whether it is creating new products and services, or developing and adapting existing approaches to mitigate their environmental impact. “


advised


Commenting on the announcement, Just Transition Minister Richard Lochhead said: “To ensure a truly just transition, we need to invest in our green industries now – creating and sustaining the green jobs that will be essential to help the Scotland to become a net zero nation. In doing so, Scottish businesses have the opportunity to be at the forefront of this new green revolution.

“Helping businesses achieve a just transition will be a theme in this week’s budget and the £ 100million Green Jobs Fund is an integral part of that process. Over the next five years, the funding will help businesses create green jobs and a better transition to a low-carbon economy.

“I am delighted to see this first tranche of funding announced today. The projects funded to date demonstrate the exciting opportunities created by the green revolution in our economy. “

Grant recipients include Urban Foresight, a Dundee-based sustainable cities consultancy. The company is investing £ 2.6million in expanding its advisory teams focused on electric vehicle charging, new mobility services, net zero economic development, digital infrastructure and local utilities, supported by a grant of £ 400,000.


Get the latest DIGIT news straight to your inbox

Our newsletter covers the latest tech and IT news from Scotland and beyond, as well as in-depth reporting and exclusive interviews with personalities and rising stars.

We’ll keep you up to date with critical issues impacting the industry and let you know about key upcoming events to make sure you don’t miss out on what’s happening in the Scottish tech community.

Click here to subscribe.


Share.

Comments are closed.