SCOTLAND

Overview: Scotland has a long-standing culture of innovation, a well-earned reputation for outstanding research, a skilled workforce and a commitment to economic growth. The Financial Times Group named Scotland as one of the best places in Europe to do business. The larger Scottish cities include the capital Edinburgh, Glasgow, Aberdeen, Dundee, Inverness and Stirling, but there are many other towns of interest. The 2014 Commonwealth Games will take place in Glasgow.

Penicillin, antiseptic, anaesthesia, television and the telephone were all invented and developed in Scotland and this tradition of innovation continues today. To date around 1,500 leading global companies, including Amazon, 02, Dell and Wyeth have invested in Scotland.

“Life sciences research in Scotland, particularly in the stem cell area,
is recognised internationally.”
Mats Lundwall, CEO, Cellartis


Key sectors: life sciences, biotechnology, healthcare, medical devices; electronics, microelectronics, optoelectronics, system-on-chip, telecommunications; software and e-business, digital media and creative industries; R&D, financial and business services, contact centres; forestry industries, food and drink, textiles, engineering, manufacturing, aerospace, oil and gas, renewable energy.

R&D strengths: advanced electronic design, microelectronics, optoelectronics, system-on-chip, communications technologies, artificial intelligence, neural networks; precision engineering; software, e-business, multimedia, digital media; biotechnology, life sciences.

Major investors include: Agilent, Altran CIS, Amazon.com, Anglo Irish Bank, Aptuit, Atmel Corporation, BAE Systems, BNP Paribas Securities Services, BSkyB, Bank of Ireland, Bank of New York, Bennex, BioReliance, Burntisland Fabrications, Cadence Design Systems, Cellartis AB, Ceridian, Charles River Laboratories, Cisco, Citigroup, ClinTec International, Coherent, Controlled Therapeutics, Cutting Underwater Technologies, Cyclacel, Dell, Deutsche Bank, Dialog Semiconductor, Digital Bridges, Direct Line, E.ON, Epson, Esure, Falck Renewables, Gaia-Wind, GlaxoSmithKline, Goodrich Corporation, Haemonetics, Hewlett-Packard, Honeywell, IBM, INPS Enterprise Solutions, Intel, Intercell Biomedical, Invitrogen Corporation, JP Morgan, Keihin Europe, Korea Health Industry Development Institute, Lifescan, Lloyds Banking Group, Mentholatum, Micro Emissive Displays, Morgan Stanley, NCR, Nallatech, National Australia Group, National Semiconductor, O2, OKI, Ocean Power Delivery, PPD, Pihms, Plexus, Quintiles, Realtime Worlds, RePower, Rhodia Pharma Solutions, Rockstar North, Ryanair, Santander, Sasol, Schering-Plough, Scottish Power, Serologicals Corporation, Shell, Skykon, State Street, Sun Microsystems, Thales MESL, Touch Bionics, Voith Siemens Hydro, Wolfson Microelectronics, Wyeth Pharmaceutical, Xilinx.

Grants: Highlands and Islands qualify for Tier 1 assistance until 31 December 2010; Assisted Areas at Tier 2 level cover Dundee and much of central and south west Scotland (see map on Grants Information).

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