Glasgow Technology Companies To Benefit From £900K Funding Competition

Glasgow pixelsThe Technology Strategy Board, in partnership with Creative Clyde has launched a funding competition for digital media and technology companies based in Glasgow.

The Digital & Creative Clyde Launchpad competition is open to SMEs based in the area covered by Glasgow City Council, those planning to move or set up there and projects involving collaboration with companies already there.  It offers companies up to 60% funding for innovative R&D projects up to a maximum of £60,000.

A swarm of interesting people provided quotes on the competition.  Universities and Science Minister David Willetts said:

“The digital and creative industries in Glasgow are at the centre of new innovations in the UK. From mobile phone apps to new software development, they are ideas that make a difference to people’s day to day lives.

“This investment will help the brightest businesses in Glasgow develop new ideas and solutions. It is important that the UK stays at the forefront of these innovations so we can continue to compete on a global scale.”

Finance Secretary John Swinney said:

“Generations of talented Glaswegians and enterprising Scots have helped cement Glasgow’s global reputation for innovation and creativity.

“The Scottish Government recognises the importance of capitalising on Scotland’s strengths and this £900k investment is tremendous news for the Creative Clyde project.  It builds on the announcement last week that Glasgow has secured the £24 million project by the Technology Strategy Board’s Future City demonstrator for the UK.

“This activity complement the broad range of work on innovation and entrepreneurship that we already undertake in Scotland and will provide our talented digital and creative communities with a fantastic source of additional support”.

Linda McPherson, Director of Creative Industries at Scottish Enterprise said:

“The Launchpad approach is designed to help companies in the Creative Clyde area raise their level of innovation and build their competitive advantage.

We know that companies which invest in R&D, even early stage businesses, can accelerate their business growth, exploit new international markets, and increase revenue from new products and services developed.  Creative Clyde is a great place to make this happen as it is a vibrant and collaborative business environment and home to many media, technology and creatively-minded businesses”.

For more information visit http://www.innovateuk.org/competitions.ashx.

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