Share on Facebook Share on Twitter Email
Answers.com

Scottish Enterprise

 
Hoover's Profile: Scottish Enterprise
Contact Information
Scottish Enterprise
5 Atlantic Quay, 150 Broomielaw
Glasgow G2 8LU, United Kingdom
Tel. +44-141-248-2700
Fax +44-141-221-3217

Type: Government Agency
On the web: http://www.scottish-enterprise.com
Employees: 2,750

The Scots are enterprising people, as anyone familiar with the lives of Alexander Graham Bell, Andrew Carnegie, and James Watt would attest. Scottish Enterprise taps into that legendary creativity, helping new and existing Scottish companies with funding and expertise. An agency of the Scottish Executive, Scotland's autonomous government, SE provides grants to foreign companies placing operations in Scotland and Scottish ventures looking to expand exports. It owns half of venture capital firm Scottish Equity Partners. SE also promotes Scottish business with offices throughout Asia, Europe, and North America. Scottish Enterprise operates 12 local enterprise companies (LECs) across the southern half of Scotland.

Key numbers for fiscal year ending March, 2008:
Sales: $117.0M

Officers:
Chairman: Sir John Ward
Chief Executive: Jack Perry
CFO: Hugh Hall

Competitors:
Export Development Canada
Ontario Ministry of Economic Development and Trade
Department of Commerce

Search unanswered questions...
Enter a question here...
Search: All sources Community Q&A Reference topics
Wikipedia: Scottish Enterprise
Top

Scottish Enterprise[1] [SE], is Scotland's main economic, enterprise, innovation and investment agency. Covering the eastern, central and southern part of Scotland from the Moray Firth to the Borders and is a sponsored Non-Departmental Public Body (or 'quango') of the Scottish Government.

Similar services are carried out by Highlands and Islands Enterprise [HIE] in north-west Scotland.

ScottishEnterprise.jpg

Contents

History

Scottish Enterprise started operations on 1 April 1991 under the Enterprise and New Towns (Scotland) Act 1990. That act merged the former Scottish Development Agency [SDA], created in 1975 and the Scottish Training Agency [STA] to form one integrated body.

On 1 April 2008, the skills function of Scottish Enterprise moved out of the organisation to the newly formed Skills Development Scotland [SDS].

Mission

Scottish Enterprise's mission is to stimulate economic growth in Scotland by supporting business growth and developing the business environment. Its key priorities are to provide a range of high-quality services to help new high-growth businesses, support and develop existing businesses and help Scottish business and industry to develop a strong presence in the global economy - building on Scotland's reputation as a great place to live, work and do business.

Scottish Enterprise aims to build a world-class economy based on Scotland's key industries, in particular - energy, life sciences, tourism, financial services and food & drink.

In addition to companies and individuals, Scottish Enterprise works closely with universities, colleges, local authorities and other public sector bodies to achieve these goals and implement the Scottish Government's Economic Strategy.

Structure

Scottish Enterprise has approximately 900 staff and operates from 12 offices across 5 operational regions:

East - Edinburgh, Glenrothes and Stirling
Grampian - Aberdeen
South - Dumfries and Galashiels
Tayside - Dundee
West - Bellshill, Clydebank, Glasgow, Kilmarnock and Paisley


The senior management team of Scottish Enterprise are referred to as the Executive Board. Current membership is as follows:

Lena Wilson - Chief Executive
Hugh Hall - Chief Financial Officer
Paul Lewis - Managing Director

Finances

Scottish Enterprise is largely funded by the Scottish Government, although it also raises part of its budget from other sources such as property rental and disposal of assets. SE has a budget of approximately £300 million [€380m/$590m] for the financial year 2008/09.

See also

External links


 
 

 

Copyrights:

Hoover's Profile. ©2008 Hoover's, Inc. All rights reserved.  Read more
Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "Scottish Enterprise" Read more