Scottish Enterprise is supporting Scotland's reputation for innovation, with firms like Adrok, Formedix, Omega Diagnostics and Sigma-Aldrich appearing on the latest report into Regional Selective Assistance (RSA) funding.
Altogether, RSA funding for the last quarter comes to £12,032,000 and is supporting around £61 million in capital investment from recipients. It's also creating or protecting up to 1,274 jobs.
The list of recipients includes companies offering advanced manufacturing facilities and services; business and legal process outsourcing services; support to the aerospace and marine engineering sectors and the innovative thinking needed to drive a business forward.
"Supporting innovative companies, whether they’re home-grown or global, is vital to the future of Scotland's economy," said Lena Wilson, Chief Executive of Scottish Enterprise. "Building on our well-deserved reputation for excellence, and continuing to lead the world in innovative practices, will ensure we maintain our global profile and keep attracting quality investment.
"It’s not all about technology or sciences; it's also about how we work together, how we interact with others and how we do business with the rest of the world. We have a range of ways to help companies in Scotland - whatever their size and whatever their business - remain innovative and therefore growth-ready. RSA is one of those ways. It’s part of the overall package of support we can offer companies to help them to grow and expand in Scotland."
Read the RSA quarterly report