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The Scottish Government is committed to establishing Scotland as a leading start-up nation that fosters innovation, creates jobs, and accelerates economic growth.

Scotland’s National Innovation Strategy noted the importance of investing in innovation and since its publication in 2023, the Scottish Government has delivered the following as part of its investment in innovation:

• Invested almost £3 million in a Proof of Concept Fund to support university researchers to develop their innovative ideas and technologies and bridge the gap between groundbreaking research and commercial applications.
• Continued to invest in the Techscaler programme which now in its third year has supported member companies to collectively raise over £195 million to date - demonstrating Scotland’s growing reputation as a leading tech hub.
• Since 2023, the Ecosystem Fund has invested £2.4 million across 70 projects that strengthen the infrastructure supporting innovators and entrepreneurs to commercialise their ideas and access the resources, knowledge and capital needed to bring innovations to market.

The Scottish Government has also provided £5 million to support accelerated growth of Scotland’s innovation clusters and launched our AI Scotland programme, including a pilot scheme for SMEs that positions Scotland as a creator and supplier of AI technologies.

In line with their scaling innovation mission Scottish Enterprise(SE) has also supported industries where Scotland has global strengths to convert and scale innovation into growth. During 2024 – 2025 SE invested £43m into approximately 100 innovative, high-growth potential, early-stage companies leveraging £111m of external investment. Additionally, SE has supported 66 companies to raise
£132 million in growth funding, supported 46 innovative spinout projects, including the creation of three new spinouts, and backed ten female academic founders through market explorer programmes.