April 2007

Scottish Enterprise Board SE(07)59
Approvals within delegated authority

The following projects were approved within delegated authority during the period 16 March to 12 April 2007. The details are provided below.

Scottish Co-investment Fund investments

Quantum Filament Technologies Ltd

The Investment Team has approved the sum of £250,000 to be invested in Quantum Filament Technologies Ltd by way of A ordinary shares. Quantum Filament Technologies Ltd develops novel technology for high quality flat screen displays.

Business Improvement

Approval of £995,000 was granted to provide business analysis and other external specialist support for key change projects within the Scottish Enterprise Network. This includes projects initiated and under development during 2006/07, as well as new projects which will be identified and prioritised by the Business Improvement Team during 2007/08.

A further approval of £195,000 was granted to support the development of Continuous Improvement in internal business delivery within the Scottish Enterprise Network.

Brian Jamieson
SE Secretary
April 2007