Scotland’s enterprise agencies launch new strategy documents

Scottish Enterprise’s new strategy, Building Scotland’s Future Today, comes after a year-long review and transformation led by CEO Steve Dunlop, who took the helm in 2018.

Meanwhile, HIE’s three-year strategy includes plans to grow the working age population in the Highlands and Islands by attracting more young people, increasing incomes and embracing the Fair Work First approach.

Over the next year, the agencies will together invest more than £409 million in the Scottish economy.

Scottish Enterprise CEO Steve Dunlop said: “The definition of economic success is changing and as Scotland’s enterprise agencies we need to be agile and rise to every new challenge in these uncertain times. This new strategic framework sets out our bold ambitions for Scotland and how Scottish Enterprise will help achieve them – but more than that – it sets out the values that inspire us and the passions that drive us.

“Although small in stature, Scotland has always packed an impressive punch when it comes to economic success. We’ll capitalise on this already-strong reputation to build a brighter future today, working hand-in-hand with our partners to create more, quality jobs. We want all of Scotland’s children to have the future they deserve. A future where every community, family and individual benefits from economic success.”

Professor Lorne Crerar, chair of HIE, said: “With around nine per cent of the country’s population across more than half its land mass, the Highlands and Islands is predominantly rural, with distinctive challenges and opportunities.

“Collaboration is of course vital, and we are committed to work with our partners across the country, in the public sector, with industries and with communities to benefit both the Highlands and Islands and Scotland.

“At the same time, it’s vital that HIE has a strategy in place that seeks to meet the specific needs and aspirations of the Highlands and Islands.

“Notable successes in sectors such as food and drink, tourism, energy and life sciences have strengthened the economy of the Highlands and Islands and its impact on Scotland’s success. The region’s economy is strong and adaptable, with exciting prospects in industries such as space and advanced engineering. But it also faces serious challenges, not least the uncertainty associated with leaving the European Union.

“We need to make sure we build on the progress made over the years in things like infrastructure, transport and connectivity. We also need to support business growth and community development across all parts of the region, particularly islands and remote rural areas that contribute so much to Scotland’s success.

“In meeting the needs of growing businesses, inward investors and rural communities, we need to continue to enhance and promote the region’s appeal as a place to live, work and study. This is why attracting new talent features strongly in our strategy.”