Financial summary

Income

2007/8
Rebased*
2008/9 2009/10 2010/11
Total funds available £329 million £297 million £289 million £283 million
Made up as follows:        
Grant £265 million £236 million £220 million £218 million
EU funds £9 million £10 million £10 million £10 million
Property disposals £25 million £25 million £33 million £29 million
Property income £8 million £7 million £7 million £7 million
Co-investment Fund £10 million £10 million £10 million £10 million
Other business income £12 million £9 million £9 million £9 million

Investment

Priority
Industry Share
2007/8 Rebased* 2008/9 Proposal 2009/10 Proposal 2010/11 Proposal
Enterprise          
Growth Businesses 75% £32 million £30 million £30 million £31 million
Internationalisation 90% £21 million £21 million £21 million £21 million
Business Environment 40% £17 million £14 million £14 million £11 million
Innovation          
ITIs 100% £53 million £38 million £35 million £35 million
Growth Businesses 75% £15 million £18 million £18 million £18 million
Commercialisation 90% £18 million £17 million £16 million £15 million
Innovation System 90% £20 million £18 million £21 million £21 million
Investment          
Business Infrastructure** 60% £49 million £43 million £41 million £41 million
Investment Funds*** 80% £11 million £20 million £20 million £20 million
Customer facing staff   £44 million £41 million £40 million £39 million
TOTAL DELIVERY   £280 million £260 million £256 million £252 million
Research and Development   £12 million £10 million £9 million £9 million
Premises, IS and other support costs   £37 million £27 million £24 million £22 million
TOTAL SE (cash basis)   £329 million £297 million £289 million £283 million
Non-cash   £35 million £30 million £30 million £30 million
TOTAL SE (resource basis)   £364 million £327 million £319 million £313 million

* Rebased figures exclude resources transferred following the review of the Enterprise Networks: i.e., Future Skills Scotland; Skills Development Scotland; local regeneration and Business Gateway.

** Business infrastructure includes expenditure on Scottish Enterprise's property portfolio, transport and investment in urban regeneration companies.

*** Investment funds include an estimated £10 million per annum of expenditure financed through the Scottish Co-investment Fund, towards which EU Structural Funds approved support of £32 million in March 2008.