Scottish enterprise business plan

Reminder of our business ed in april 2015, our 2015-18 business plan set out the actions we would take to improve scotland’s productivity and help build a globally competitive and inclusive a shifting economic and operating environment, our focus on delivering impact remains update outlines what we will do in 2017-2018 in line with the government’s programme for scotland, and highlights wider considerations that will help shape future plans to ensure we continue to deliver the best possible impact for scotland’s ad this business plan update for the final year of the plan we need to respond effectively to a number of critical economic challenges and opportunities:The impact of brexit and shifts in the global marketplace on scotland’s competitive strengths and our export we help forge new industries in scotland from emerging strengths such as data digital technology can help us reshape our delivery models, opening up more of our knowledge, networks and insights to businesses and partners across scotland and working with others to join up the enterprise support system more will also draw upon the work being taken forward as part of the scottish government’s enterprise and skills review, aligning our efforts behind the outcomes of the review and working in close collaboration with national and local partners to deliver a more joined up economic development system across ng scotland's international competitivenessread our original 2015-2018 business plan, which was published in april 2015-18 business plan. Challenging economic global economic context for the third year of our current business plan will continue to be gh growth of the global economy is expected to increase this year, the pace is likely to be s such as the uk’s decision to leave the eu and the single market, the continued low global oil price and the impact this is having on scotland’s oil and gas sector and supply chain, are leading to increased uncertainty for many businesses and a small, open economy, global trends affect our economic prospects, and scotland’s recent economic growth has been below average. Our work with companies aims to raise ambition, productivity and international competitiveness, to invest in growth plans through innovation and exporting, and to create better and more secure jobs. We will continue to deliver alongside public, private and third sector partners to offer the very best integrated economic development support for ce to support our sing scotland’s productivity is vital to growing our international competitiveness and achieving sustainable economic know that internationally competitive companies achieve better performance and growth, and that economies which have an internationally competitive environment attract more investment and evidence highlights the importance of the following four key drivers of productivity growth:Helping more companies in more sectors to become exporters, and helping existing exporters to grow their overseas aging more companies to invest in r&d, in other forms of innovation and in efficiency improvements, and helping companies maximise the returns on their ting companies to invest in new plant, machinery and buildings, and helping companies access the finance needed for ting skilled jobs through inward investment, and improving the leadership and entrepreneurial skills of our companies and evidenceour economics director discusses four key drivers of economic ace innovationit might well be the latest buzz word in the business community, but what exactly does it mean? Competitive ationally competitive companies achieve better performance and growth, so we provide the right support and advice to help businesses innovate and will work with companies to develop fair and more productive business practices, encouraging diversity in the workforce by supporting high value jobs, youth employment and more women into leadership roles because companies that do these things report real benefits for their employees and for their bottom h our workplace innovation service, sector productivity plans and the continued development of workplace practices outlined in the scottish business pledge, we will encourage companies to take a sustainable approach to growing their business and improving work is part of our wider approach to equality, outlined in our equalities mainstreaming tion can unlock productivity and international opportunities. Driving up business innovation levels is a priority and we have already made good progress in supporting more companies to start innovating.

We are working with european partners to learn from good practice in shaping our own service innovation offering in 2017/ the 21st century economy it is important that companies and sectors make the most of digital technologies and the insights from data analysis to improve their processes, reduce costs and improve services to customers so this will be an important focus for our service development this next will continue to help businesses with high growth potential stretch themselves and enter new markets, supporting them to develop and attract skilled talent, build international connections and secure investment of investment arm, the scottish investment bank, aims to positively influence the growth finance market in scotland to work more effectively. We will continue to work with key partners and investors to help businesses access loan, grant and equity finance, which we know is a critical factor in supporting companies to will support the scottish government to establish the new scottish growth scheme which will offer additional support for smes struggling to raise the finance they need to scottish investment bank’s financial readiness service will help even more companies access appropriate funding that will support their growth. Specific support will also be introduced aimed at companies that have received investment from will establish a fund that connects scottish companies to opportunities to improve public sector services. The demand for faster, better, more accessible public services is growing and we know that scottish companies have the capability to develop innovative solutions. Support will centre on meeting the specific needs of companies that are growing fast, helping them to tap into resources that already exist more easily and evolving what is currently available to address any gaps such as sales and marketing support, investment and attracting will continue to collaborate with public and private sector partners including business gateway, local authorities, highlands and islands enterprise and key organisations including the scottish chambers network and entrepreneurial scotland with a focus on streamlining and joining up ng competitive strengths in specific work in specific traditional and new emerging sectors across scotland, as they are vital for scotland’s will work alongside companies and industries to help overcome challenges and seize opportunities resulting from brexit. By focusing on scotland’s key growth sectors where we have strengths and can make the most of opportunities, we will support a resilient, sustainable economy are developing international plans that respond to emerging global growth opportunities in areas where scotland has an innovative edge and competitive advantage - premium services and products, data, subsea engineering and fintech.

The plans will detail the capabilities and infrastructure needed for scotland to make the most of these global recognise the importance of scotland’s energy strategy and the commitment to transition to a low carbon economy and the role of oil and gas in that. For example, the life and chemical sciences master class programme will develop existing leadership capacity and build a pipeline of future manufacturing leaders capable of growing companies and the support the continued growth of scotland’s healthcare and life sciences community, we will build new commercial facilities at edinburgh will work alongside industry leaders and scottish financial enterprise to launch a refreshed action plan for the fintech sector. We will introduce support to raise awareness of the competitive advantage this can help achieve and encourage more financial services companies to invest in developing improved products, services and business rnia and london have been identified as target markets for inward investment opportunities and exporting activity as well as the best locations to engage with investors. In support of the scottish government commitment to establish a national manufacturing institute for scotland, we will launch a demonstrator project that helps build the business case for investment at full scale. A substantial national asset like this will help accelerate the transformation of manufacturing into a digital enterprise, provide opportunities to compete in globally connected supply chains and attract major inward will work with the new screen unit and enterprise, skills and creative bodies to ensure joined up business support and to encourage private sector led investment in film and gas innovation projects treble in valuevalue increases from £15. Million in 82 companies to deliver 111 innovation step-by-step guide to exportingour free elearning tool helps businesses develop the right skills and know-how to grow their business in overseas nd’s international presence and nd’s presence and success internationally remains critically important to its is an important market for scottish companies.

As the uk prepares to leave the eu, we will focus on maintaining and growing scottish exports to will offer more support online, making it easier for scottish companies to access services to start or increase sales to the eu. We will also offer more market events and visits to european countries and encourage successful exporters to share their knowledge, experience and inspiration with the higher growth markets of china, india and the middle east, we will continue to support companies in scotland and in market to trade successfully through our export support services including the high growth market desk and the dedicated china plan. We will grow the level of investment into scotland from these markets, working across scottish enterprise, highlands and islands enterprise and the scottish investment bank to develop the scottish proposition to attract and meet the needs of investors from these online tools and learning we will work with partners to support more companies to trade overseas for the first time. For example we will work with the scottish chambers of commerce network to make the most of their connections to international chambers of will help deliver scotland’s 2016-2021 international trade & investment strategy with scottish government and partner agencies. This will include doubling scottish development international’s presence in europe over the next two years and supporting new trade envoys and globalscots to champion the we will continue to co-ordinate our efforts for scotland on the international stage with scottish government and public sector example, we will launch in partnership with visitscotland a strategy and action plan to promote scotland as a place to visit, invest, live and will also develop an approach to extending and mobilising scotland’s extensive international networks to help attract more investors to opening of scotland house in london this spring presents a huge opportunity to maximise the collective efforts of the public sector and significantly boost scotland’s profile in a critical global location. As a key partner in this and other hubs being established in brussels and berlin, we will be part of integrated programmes and delivery plans to harness the collective power of government relations, cultural links, trade and investment and the business to business relationships we help facilitate behind the biggest opportunities to secure economic growth for nd’s supportive business 'll continue to work closely with partners to support the development of a modern, joined up scottish economic development system to grow a strong and sustainable nd’s supportive business environment remains a vital part of growing a strong and sustainable economy and we will continue to work closely with partners to support the development of a modern, joined up scottish economic development g closely with public and private sector partners we will help to deliver projects that make a difference to local areas as well as the wider economy.

We will play an active part in the emerging regional partnerships across scotland, and establish new delivery models to support ambitions for improving the economic performance of regions and local areas across will deliver more services to customers digitally making it easier for more companies to do business with us. We will share platforms with other public agencies joining up services to offer a more valuable, less complex service for we will look at how we can help support new growth across social enterprise can often be perceived as a softer and ethical side of business it is outperforming the wider economy in almost every area of business in the uk - higher start-up rates, faster growth rates and creating more jobs than standard support the growth of the social enterprise sector in scotland, we will deliver a targeted range of support to advisers and enterprises to build skills and the capacity to innovate and addition, we will deliver a pilot programme, principally women, to support leaders in business develop and grow their companies and to help us understand whether we need different approaches when it comes to realising the economic value that more female entrepreneurs and business leaders can deliver for ideas a realityfrom high-end scottish food companies to off-site construction firms, seven scottish consortia are celebrating after sharing the collaboration ng our ing successour managing director of strategy and sectors explains our comprehensive measurement will we measure success? Measure how our support meets our objectives by benefiting companies, sectors and the scottish economy, we apply a comprehensive 2015 scottish enterprise set out a three year measurement framework for the period to 2018, outlining the activities and the outcomes we would track over the length of our business down into annual ranges, these allow us to closely monitor progress against objectives throughout the year to make sure we are on track to achieve long term goals. Each year, the measures, along with milestones and spend, are validated and confirmed in scottish enterprise’s annual report and accounts generally published in 2015, we have made two changes to our published measures:In 2016/17 we increased the 3 year target range for supporting businesses to improve their financial readiness in response to government ambitions for enhancing the remit of the scottish investment bank to support a great number of companies in accessing appropriate 2017/18 we are introducing a new measure reflecting increased efforts to embed a more inclusive approach to growth. The measure demonstrates commitment to influence and support fairer and more progressive workplace and workforce practices in businesses we work hout the course of this financial year, we are anticipating reform of our approach to measuring our impact. A critical workstream under way as part of the scottish government’s enterprise and skills review is a measurement framework that is shared across key agencies delivering economic development, to align resources more effectively and to better understand how different interventions drive overall economic may mean changes in our activities throughout 2017/18 but we will highlight these and explain the reasons why as part of our cycle of annual performance sh enterprise’s ambitions for the period 2015-2018 are shown below in the ‘our targets section’ along with progress made to date and the specific contributions required in 2017-18 to meet our original three-year figures below illustrate the scale of our ambition for scotland that we aim to achieve by next year.

2,400-3,000 businesses to become innovation d £500m-£650m of planned additional r&d investment through se assisted ted £700m-£850m of additional planned turnover from innovation by supported ted £300m-£360m of planned efficiency improvements by supported ted 540,000-660,000 tonnes of planned co2 savings from se support and innovation led projects. 1650 businesses with growth and export potential supported to improve financial readiness (up to 330 supported specifically to secure growth funding). Businesses with growth and export potential supported to improve financial readiness (85 supported specifically to secure growth funding). Businesses with growth and export potential supported to improve financial readiness (103 supported specifically to secure growth funding). 600 businesses with growth and export potential supported to improve financial readiness (95-120 supported specifically to secure growth funding). 330 entrepreneurs ready to create internationally competitive early stage ones for quarterly ‘milestones’ targets for 2017-18 represent significant achievements that will contribute to the delivery of our ish a fully digitised grants application and claims process prototype as the first phase of our digital transformation programme of service delivery to end of september t growth of the fintech sector with the launch of an industry-led action plan in partnership with scottish financial uce an enhanced service to increase the number and help accelerate the speed of scale up of high potential e the leadership development of women in businesses in scotland through the new principally women pilot t scottish companies to access international risk capital and attract international risk capital investment to scotland by establishing a new programme through scotland house, in end of december ish a fund to connect public sector organisations to smes to solve challenges that will make public services better, faster and more inward investment through delivery of a joint strategy with visitscotland to promote scotland as a place to visit, work, live and study and establishing a new approach and programme to attract investors to more companies to exploit the opportunities of data to innovate and launch new products, services and processes through a business data advisory service and a data leadership ish a new programme to support fintech innovation in scotland’s financial services t the manufacturing action plan through the launch of a programme to develop and grow scotland’s supply chain the innovation and investment hubs in berlin and brussels to support scotland’s trade & investment strategy and our response to sdi’s presence in europe to support scotland’s trade and investment strategy and our response to r a marketing campaign in the key markets of london and california to promote scotland as a global centre for data skills and innovation to attract inward investment and to support the internationalisation of scotland’s technology more companies to access appropriate growth funding by launching a digital approach to improve financial readiness, and introduce programmes to assist companies to be exit ready and to recruit non executive a programme to support subsea engineering companies to access international market te the construction of a new commercial building at the edinburgh bioquarter to continue the growth of scotland’s healthcare and life sciences t the growth of the social enterprise sector in scotland by delivering a series of knowledge exchange events to build sector capacity, and a masterclass programme to stimulate social enterprise business plan updatedownload and print a pdf version of this business plan ss plan update to find out more?

More about what we do and how we offer a range of services to ambitious scottish businesses, as well as investing in strategic projects across the country to help boost scotland's more about scottish ad the original 2015-2018 business ad the 2016-2017 you'd like to discuss any element of our business, get in javascript detected! Monday to friday or contact us outwith these t your local t your local business gateway office and we’ll be glad to select your local es and general business questions to our enquiry team the live chat tool shown at the bottom of the page to speak to someone from our business enquiry team now, or leave us a are you looking for? Workshops and 1:1 advice, to guides and digital lboost can help your business gain a digital sh businesses urged to sign up for digital skills | 10 celebrating small business awards - enter for free today! 30 lboost makes it a hat-trick of awards nominations | 5 scottish business exhibition & new start scotland 2017 - free tickets! 13 er your business needs, there’s a fully funded event near your business off the es, case studies and advice to help you expand your in business 2: marketing skills. Following on from the previous session, this session aims to help you develop a structured approach to sales and marketing, including how to promote your business marketing real results from your workshop aims to give you the expertise necessary to make your website ising and workshop will give you the knowledge and skills you need to identify the best methods of promotion for your business and to produce an advertising plan to boost your own website - part 1 of a website?

A business plan for successful business regularly reviews its business plan to ensure it continues to meet its needs and responds to variations in the market, the economy and customer a marketing g a marketing plan helps you decide which customers to target and how to reach them. A marketing plan includes factors such as: deciding which customers to target; how to reach them and how to win their and support available for your start you run a start-up business as an entrepreneur, you may be able to get extra support if you’re a woman, over 50, disabled, from a minority ethnic group, young or on a low eu’s general data protection regulation (gdpr) - our six top eu’s general data protection regulation (gdpr) comes into force on 25th may 2018. 1 april 2017, hmrc launched the alcohol wholesaler registration scheme (awrs) online look up service allowing those who purchase alcohol for onward sale or supply to check that their uk wholesaler is ing for the new £1 new pound coin will be introduced in march 2017 and businesses which handle cash will need to prepare business gateway helped jill get her venture into support from business gateway, jill boulton is driving forward an ambitious growth plan for her award-winning motorcycle safety business gateway helped lance grow his it cloud cover it ltd was looking to grow, the award winning glasgow based technology company looked to business gateway for business gateway helped david get his company in david boyd was looking to grow his venture, the ayrshire scooter enthusiast looked to business gateway to help get things in the market is fruitful for moray business thompson opened lossiemouth based the pantry earlier this ess hospitality business shines ine roberts set up her own business north star consultancy at the beginning of the lboost helps vintage vw campers from vintage vw campers describes working with the digitalboost garment aims to improve sea survival. Scottish fashion designer is set to preview her new bike apparel range designed specifically for you want to know which aspects of your digital operation need improvement? Take our quick digital health check to find tanding your market is one of the golden rules of business, so we’ve complied this list of over 100 different some advice? Find your nearest business gateway office select your local es and ript is enable javascript to view this up to our e-zine to stay up-to-date with business news and events in your select your local es and easton rockbreakers (uk) ltd forth h business gateway we were able to find out about help and funding that we didn’t know existed.

Find out more about 've been redirected from a site that no longer what you're looking for on with ambitious companies and industries to support economic growth and develop scotland's business ng the terms and conditions of funding raised from ation on term sheets and agreeing terms and conditions for money you raise from selling ing against something you own or plan to buy (assets). On asset finance – where you can raise money for an idea or business by borrowing against something you own or plan to ing from banks to fund your ation on what banks look for if you want to borrow money for an idea or ng your suitability for funding (due diligence). On finding funding to export products and services, including what support is available from uk export ation on grant funding with some examples of grants available in scotland to create jobs and new products or for management teams looking to buy their ation for management teams looking to buy their business including writing business plans, agreeing terms and conditions and arranging a corporate finance advisor could help you get ation on how a corporate finance advisor could help you get funding for an idea or an accountant could help your business get an accountant can help you get funding for an idea or business. Includes how to find an corporate governance can help you get ation on what corporate governance is and how it can help you get incubators or accelerators can help develop ideas or ation on how business incubator and accelerator programmes can help you develop your idea or documents you'll need to review if you get ation on the legal documents you'll need to review if you're successful in getting funding for your idea or sations that can help you develop your ation on organisations who can help you develop your ng your business, products or ation on pitching your ideas for businesses, products or ng to sell your business (succession planning and exit readiness). On selling your business when you plan to leave or ng your finances (financial projections). 500 million package of financial support which aims to help scottish businesses grow and is backed by the scottish unpaid invoices to raise cash (invoice finance).

On invoice finance – which helps your business to raise cash using unpaid select a wasn't detailed 's hard to understand. You can change your cookie settings at any hed:30 april facebook - opens in a new twitter - opens in a new linkedin - opens in a new google+ - opens in a new s of our plan to fast-track international success with £330 million investment to deliver jobs and international latest business plan aims to drive greater international success for scotland. It sets out our contribution in 2014-2017 to the scottish government’s economic strategy aimed at increasing scotland’s long term economic a video of our latest business plan, which includes ambitious targets to attract up to 9,000 planned new jobs and support up to £1. Billion of turnover growth, outlines how the agency will fast track scotland’s economic growth through international collaboration, trade and 2014-2015, we’ll invest just over £330 million in supporting scottish companies and key sectors to grow and 2,000 companies work globally with up to 230 projecting turnover growth from exporting in excess of £1 t account managed companies to increase turnover growth by £1. Companies achieve revenue of up to £200 million from innovation activities and secure up to £150 million of additional r&d investment in t up to 9000 planned scottish jobs through foreign e an additional £85 million of private growth finance for scottish companies via the scottish investment bank and a further £70 million of investment in renewables through the renewable energy investment fund (reif). This latest business plan is about fast tracking progress where we know it will lead to international growth whilst continuing to drive export performance and inward investment success.