This confirms that Scottish Enterprise have in fact only directly committed half a million of the funds to date.ivSupplementary written evidence
Iain Scott explained that Scottish Enterprise have set a target of £20 million for this year but that they are ‘talking to the Government about whether those funds can be used for other activity this year.’vEconomy, Energy and Fair Work Committee, 25 September 2018, col 31
In relation to this underspend, Steve Dunlop, Chief Executive of Scottish Enterprise said:
I am marshalling all our resources to try to execute against what Iain Scott says is the positive pipeline that is there, but this is quite a shift for us, and I see cranking up the machine to get those wider, deeper strategic partnerships as the way to deliver that.vEconomy, Energy and Fair Work Committee, 25 September 2018, col 31
Iain Scott of Scottish Enterprise said that the nature of the Scottish Investment Bank’s...