Meeting of the Parliament 11 January 2024
Our economic development agency for that region, Highlands and Islands Enterprise, provides advice, training and funding to help businesses to grow and innovate. It invested £20.1 million in 272 small businesses across the region during 2022-23, supporting 478 jobs and an increase of £122 million in turnover.
Our investment of £242.5 million in the four city region and growth deals across the Highlands and Islands will deliver significant and lasting economic benefits for businesses.
The 2024-25 Scottish budget ensures that businesses across the Highlands and Islands will continue to benefit from a competitive non-domestic rates relief package, which—according to the latest figures—includes 23,000 business properties paying no rates at all, thanks to the small business bonus scheme.