Innovation Action Plan unveiled for Edinburgh and South East Scotland
/A new action plan, which puts business growth and innovation at the forefront, has been launched.
Developed collaboratively by Innovate UK, Edinburgh and South East Scotland City Region, and Scottish Enterprise, the plan aims to build a strong, resilient and investment-attractive economy by leveraging regional strengths and capabilities. It was launched at the University of Edinburgh’s Futures Institute at an event attended by business leaders from across the region.
The document has identified key areas with high innovation potential, helping to position Edinburgh and South East Scotland as leaders in advanced manufacturing, life sciences and financial services. The City Region’s initial focus is on three priority innovation clusters:
Sustainable Advanced Manufacturing cluster at the Forth Green Freeport
Health cluster in Edinburgh’s BioQuarter
Financial Services and Fintech cluster in central Edinburgh
The plan also establishes core areas of alignment between Innovate UK, Scottish Enterprise and local leaders, including shared ambitions to:
Expand collaborative research and development between industry and research organisations
Develop new strategies for key growth sectors
Support under-served communities to drive more equitable and inclusive growth
Ensure existing business support is made more visible and easier to access
Support the uptake of technologies to achieve Net Zero targets
Strengthen the support pathway for small businesses from start-up to scale-up
From these shared ambitions, the plan outlines a series of commitments to streamline innovation support, amplify regional assets, attract inward investment and address innovation skills gaps.
Read the Edinburgh and South East Scotland Regional Innovation Action Plan