Meeting of the Parliament (Hybrid) 01 September 2020
I agree with Kenneth Gibson’s analysis that we do not want simply to nurture high-tech companies that then leave and relocate. Covid-19 has shown us that business, and tech businesses in particular, can operate successfully and continue to grow remotely. I hope that the implementation of the report’s recommendations to enable start-ups to flourish and grow will mean that businesses stay in Scotland.
I will make two points in direct answer to the question. First, the report is not overly prescriptive with regard to the development of clusters. Instead, it seeks to provide the support and mechanisms that will enable the industry to grow more generally and enable sub-sectors to develop. Secondly, the ecosystem fund that I announced today will be a central point for that support, which will enable us to make strategic investments in organisations and activities that will create the best possible environment to allow our start-ups to succeed.
I hope that putting in place the right environment and education will, in parallel with the tech scalers, mean that we have highly successful companies at a much faster start-up rate.