Current status: Answered by Richard Lochhead on 21 May 2025
To ask the Scottish Government how much funding it has provided to develop Scotland as a tech start-up hub in the current parliamentary session to date, and how much it plans to provide by the end of the current parliamentary session.
The Scottish Government has set the goal of establishing Scotland as one of Europe's leading start-up economies, fostering an environment where innovation and high-growth businesses flourish. Within this parliamentary term it has spent over £60 million to aide these ambitions with at least a further £23 million committed by the end of the Parliamentary term.
These figures do not include spend from our Enterprise Agencies or Entrepreneurial Education. In addition this does not include spend for financial year 2026-27 due to our single year budgeting process.