First Minister Nicola Sturgeon has announced new funding to support entrepreneurs.
The £650,000 investment into Entrepreneurial Scotland will help drive networks so that budding entrepreneurs can use them to share ideas, experience and seek support, investment and expertise.
Speaking at the first Scotland CAN DO festival at Barras Art and Design in Glasgow, which brings together around 400 entrepreneurial leaders, change makers and innovators to share their ideas, the First Minister said: “Scotland is known for its vision as a world-leading entrepreneurial and innovative nation, one in which growth and innovation go hand-in-hand with fair work and delivering in a way which benefits everyone.
“We want Scotland to be a country that is at the forefront of social and technological progress – to invent, design and manufacture the technologies and products of the future – not simply to consume them. And we want to do all of that in a way which benefits all of society.
“That's why, in recent years, we’ve placed a heavy emphasis on encouraging more people to be entrepreneurs – to set up new businesses and social enterprises and for the government itself to be more entrepreneurial. With partners from across all sectors we have championed this vision through Scotland CAN DO. It is a platform for us all – across all sectors – to sharpen our focus on enabling sustainable economic growth and to deliver a Scotland that is a CAN DO place for business.”
In response to the First Minister’s announcement, Sandy Kennedy, chief executive of Entrepreneurial Scotland, said: “Today at the Impact Fest we have seen first-hand the ambition and determination of Scotland’s future leaders and entrepreneurs. It was a fitting occasion for the First Minister to announce the Scottish Government’s long-term investment in Entrepreneurial Scotland.
“This investment is not only an endorsement of the progress made by Entrepreneurial Scotland over the past four years, it backs the delivery of the next phase of our strategy which will be published next week. We in turn have committed to reinvest Scottish Government’s support back into the entrepreneurial ecosystem over time.
“We have much still to do and will work ever more closely with like minded organisations across the public, private and third sectors. We have a long way to go but I believe we are now on the path to becoming the most entrepreneurial society in the world.”
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