Our mission is to grow turnover related to industrial biotechnology (IB) in Scotland to £900m by 2025.
IB applications have the potential to transform many of Scotland’s key sectors, deliver new innovation, inward investment and exporting opportunities and contribute to Scotland’s transition to a low carbon economy.
Caroline Strain launched the plan at Ecochem 2013.
Scotland currently has 43 companies employing over 1,100 FTEs with IB already contributing £189m in turnover and £61m in GVA to the Scottish economy. When Scotland’s heritage in engineering is combined with its existing academic and industrial strengths in the related sectors of chemical and life sciences, it is clear there is huge potential in this country for the development and successful application of IB.
A cross-sector technology
Life sciences has great strength and depth in terms of biotechnology, which is currently focused on human healthcare. There is an opportunity here to give it a second focus in industrial application.
Caroline Strain, head of chemical sciences at Scottish Enterprise
To realise this potential, Chemical Sciences Scotland is making IB a priority over the next five years, aiming to:
- Increase awareness of IB as a transformational tool
- Increase company adoption of IB via company growth and improved turnover
- Address skills requirements through a programme of targeted training and development
- Encourage collaboration with overseas partners
Longer term, establishing a Scottish-based Biorefinery/Biochemicals facility (or facilities) will create economic benefits via new employment, and ultimately play an enabling role in helping Scotland to build on its potential in IB.
For the full details, focus, and analysis, download the plan.
Download the plan (PDF, 1.6MB)