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Motion · S6M-11304 · 16 Nov 2023

Scottish Enterprise Records Highest Number of Academic Spin Outs

Lodged by Gordon MacDonald Standard Motion 22 supporters

The motion

That the Parliament commends Scottish Enterprise for supporting the highest ever number of academic spin-outs through its High Growth Spinout Program in the 2022-23 financial year; understands that, in May 2023, Scottish Enterprise was named the UK’s top investor in spin-outs by number of deals in the Royal Academy of Engineering’s Spotlight on Spinouts report; further understands that Scottish Enterprise, through its spin-out programme, supports research teams to commercialise their innovative ideas and projects, transforming them into successful businesses; believes that this facilitates the creation of homegrown high-value jobs and the development of new products and services for domestic and international markets, generating significant economic impact for Scotland, and appreciates that, in the financial year 2022-23, Scottish Enterprise has supported projects from 33 research teams from institutions including the universities of Heriot-Watt, Strathclyde, Edinburgh, Aberdeen, Glasgow, Edinburgh Napier, the West of Scotland and the James Hutton Institute.

Supporters (22)

Source: the Scottish Parliament motions and amendments record.