Home working spurs rise

Scotland sees tech startup boom in lockdown

digital skills

Tech businesses continue to grow in number

Scotland has enjoyed the highest number of tech start-ups of any part of the UK, driven by the lockdown and home working.

Start-ups soared by 57% in the third quarter compared to quarter one data, according to research by audit and tax firm RSM.

A total of 390 Scotland-based software development and games businesses have been incorporated at Companies House this year.

Second highest was the West Midlands with a 48% rise, and Northern Ireland 44%. The east of England dropped 1.4%, and Yorkshire and the Humber was down by almost 1%. 

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Ross Stupart, corporate tax partner at RSM in Edinburgh, said: “At a time when many sectors are feeling crippled by the impact of the pandemic, it is encouraging to see the tech industry in Scotland experiencing growth.

“This can be attributed in part to the lockdown, which drove an increase in demand for technology to support remote working.

“The huge increase in working from home, as well as leisure time spent at home, has meant far greater need for digital technology and a growing demand for digital entertainment.”

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