Support for R&D
EIT Digital gathers pace with €2m invested in Scotland
Ivan McKee at the EIT launch (pic: Terry Murden)
Innovation institute EIT Digital has attracted €2 million through its Edinburgh office to help drive commercialisation of new products.
The office, which opened earlier this year at the Bayes Centre, part of Edinburgh University, has drawn 75% of the funding from the EU and the remainder from partner contributions. It will also use the investment to launch industrially-driven doctoral programmes focused on fintech and cyber security.
The Scotland office is led by Dr Martin Beaton, previously lead of the cyber security cluster, and was launched by Innovation Minister Ivan McKee.
Today, Mr McKee said: “Our vision is of a Scotland where innovation is an intrinsic part of our culture, society and economy and I am delighted that EIT Digital supports these aims. It aligns business and academia to raise the profile of our digital assets across Europe, helping to attract both inward talent and investment while connecting Scotland’s businesses to experts and potential partners.
This is how Scotland will succeed, by having the public and private sector collaborating, pooling ideas to work towards a common goal of success, and continuing to connect with our European partners.”
Morgan Gillis, EIT Digital’s UK director, commented that: “We are very pleased with the initial engagement of Scotland’s digital economy with EIT Digital’s programmes which has brought fresh financial investment into Scotland from the EU and facilitated new lines of commercial collaboration between Scottish entities and European counterparts”.
The new doctoral programmes have been established at the University of Edinburgh with the aim of creating more than 40 PhDs co-sponsored by EIT Digital and industry partners. Negotiations are under way with other institutions across Scotland to launch further doctoral programmes within domains of national strategic importance.
EIT Digital intends to rapidly expand its participation in the Scottish Digital Economy in 2020 and welcomes participation from companies of all sizes and universities across Scotland.