The Official Report is a written record of public meetings of the Parliament and committees.
All Official Reports of meetings in the Debating Chamber of the Scottish Parliament.
All Official Reports of public meetings of committees.
Displaying 45 contributions
Economy, Tourism and Energy Committee [Draft]
Meeting date: 6 October 2026
Daniel Johnson
Before I put my question to Mr Black, I want to clarify something. My understanding is that, against a resource allocation of £173 million and a capital budget of £115 million, Scottish Enterprise made 879 grants totalling £182.5 million and 129 investments totalling £50 million. Is that correct?
Economy, Tourism and Energy Committee [Draft]
Meeting date: 6 October 2026
Daniel Johnson
Okay, good. Mr Black, I will come back to you with the same question: how do you understand and quantify the difference between direct and indirect impacts?
Economy, Tourism and Energy Committee [Draft]
Meeting date: 6 October 2026
Daniel Johnson
Can you clarify where you are in the process around securing that classification?
Economy, Tourism and Energy Committee [Draft]
Meeting date: 6 October 2026
Daniel Johnson
Just to be clear, was all of that income publicly sourced?
Economy, Tourism and Energy Committee [Draft]
Meeting date: 6 October 2026
Daniel Johnson
But do you understand my point? It is quite difficult for us to scrutinise the effectiveness of public expenditure if we are not 100 per cent clear on what is publicly sourced and what the direct impacts are. I think that what you have been doing is totally valid—indeed, all agencies should be seeking to leverage external or additional funding—but to ensure that we are getting value for the taxpayer, we need to be very clear about which pots your total expenditure fits into. Do you understand my slight confusion here?
Economy, Tourism and Energy Committee [Draft]
Meeting date: 6 October 2026
Daniel Johnson
I want to ask the same question of SOSE. How does it understand and measure direct, indirect and consequential benefits?
Economy, Tourism and Energy Committee [Draft]
Meeting date: 6 October 2026
Daniel Johnson
Great. I should probably draw my questions to a close, because I do not want to take up all the time. However, if there is time, I might come back with a couple of additional questions.
Economy, Tourism and Energy Committee [Draft]
Meeting date: 6 October 2026
Daniel Johnson
So, you measure them.
Economy, Tourism and Energy Committee [Draft]
Meeting date: 6 October 2026
Daniel Johnson
That is a useful clarification, and it would be helpful to be kept up to date on how that progresses.
In terms of addressing the fundamentals and the losses that you are reporting, what is the strategy to get that into a positive place, so that you are making returns, not losses, on your invested capital?
Economy, Tourism and Energy Committee [Draft]
Meeting date: 6 October 2026
Daniel Johnson
Looking at your annual report, I could not immediately identify clear figures for your grant and loan funding. I note that page 23 sets out total HIE investment. However, that figure is more than your total budget, because you included external investment of £78.5 million alongside your total budget of just over £50 million.