Agency backing

Scottish Enterprise reports record support for firms

A £78 million investment was secured for LumiraDX to create 500 research 500 jobs

Scottish Enterprise said it supported a record number of firms in 2020/21, with investment of £568 million.

This resulted in more than £1 billion of additional planned private sector investment that secured almost 7,000 jobs.

The economic development agency backed significant inward investments, adopting new ways of working including using digital, research & development, early-stage company equity investments and entrepreneurship.

Among the projects supported were the global life sciences company LumiraDx and the Michelin Scotland Innovation Parc.

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