NEWS: £4 million for the technology sector from The Scottish Government

11 September 2020

NEWS: £4 million for the technology sector from The Scottish Government

Finance secretary, Kate Forbes, announced on the 3rd of September that there will be an investment of £4 million to create 5 technology hubs.  These hubs will support the next generation of start ups through education, networking and mentoring. 

The hubs will aim to support 300 start ups by 2025, and have been created in response to Mark Logan's Scottish Technology Ecosystem Review.  The hubs will be known as 'tech scalers'. Ms Forbes said, 

“I’m pleased to announce this initial investment in tech scalers, the central recommendation from Mark Logan’s groundbreaking review of our technology sector.

“These hubs will transform the quality and intensity of support available to Scottish start-ups, delivering world-class education to tech entrepreneurs, helping this vital sector to grow and create jobs.

“They will also offer the chance to network and share ideas, laying the groundwork for Scotland’s digital future.”

Read the full story at the Scottish Government website here below: 

Photo credit: The Scotsman website

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