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This item was published during the term of a previous administration that ended in April 2007

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Minister attends US University Roundtable

18/11/2002

American University Prinicipals and Senior Academics were told today that Scotland was focused on delivering an economy built on foundations of innovation and the commercialisation of research.

Minister for Enterprise and Lifelong Learning Iain Gray was speaking at the first official engagement of his visit to Boston, New York and Washington.

The 'University Roundtable' was held in Boston and was attended by senior figures from, amongst others, Harvard and MIT.

Enterprise Minister Iain Gray with Eugene W Hickok (left), Under Secretary for Education, Susan Seiafani, special adviser, and William Hansen, deputy Secretary for Education

The Minister used the occasion to encourage further links between American and Scottish Universities, to outline the Executive's focus on Science and to hear directly about the American experience of getting ideas from University labs into the marketplace.

Mr Gray said:

"In Scotland we have a long history of excellence in research and innovation. We are rightly proud of our scientists of the past and can readily recall many of the Scottish inventions that have changed the world. What we need to do now is create a Scotland where we are every bit as proud of the achievements of our Scientists of the present.

"That is why I am delighted to be here at this event speaking to such a prestigious and eminent group of academics and University leaders. In Scotland we are tremendously proud of our Universities - with our oldest one founded almost 600 years ago.

"However, like you, we have recognised that there is a need to change - that we have to ensure that our Universities are at the heart of our efforts to stimulate long term, sustainable economic growth.

"It is for this reason that the Scottish Executive has made investing in Science, Higher and Further Education a central element of our economic strategy.

"We made the decision right from the onset of our devolved Government that it was vital that we link post school education with economic development. By doing this we are ensuring that investing in the skills of our people matches the efforts that we are undertaking to grow the economy.

The Minister continued:

"I am absolutely delighted to be here and am looking forward to hearing from you about the substantial work - and equally substantial success - that you have had in getting your ideas out of your labs and into the marketplace.

"But like the best collaborations I would hope that there can be a two-way flow of ideas and information. In Scotland we have developed a number of measures which address issues of common concern. Issues such as addressing the gap in the commercialisation process between scientific discovery and proving the commercial value of the concept.

"Our 'Proof of Concept Fund' is now in its 4 th year and shows great promise in bridging this gap. Proof of Concept is a model which we greatly value and one which I believe may be worth replicating in the States.

"Our Universities already have a long tradition of working together on research projects. I am sure that following on from this meeting today, we can find further common ground to work on in terms of commercialisation."

Following on from the 'University Roundtable' the Minister visited the National Foundation for Teaching Entrepreneurship. This body is one of the main vehicles for delivering entrepreneurial education to underprivileged teenagers in the US.

The Minister used this visit to talk about work that the Executive is doing to promote enterprise education right across the spectrum - from primary education through to colleges and Universities.

The Minister also pointed out that the Executive was committed to delivering a world leading programme of enterprise education - demonstrated that the Scottish Budget had earmarked 40 million pounds for this area.

Total annual funding for the FE sector will exceed £500m by 2005-06, an increase of 20% in cash terms on current spending levels with real terms increases in 2004-05 and 2005-06 of 6% and 5.5% respectively. Within this, extra investment of £17m per year from 2004-05 is earmarked to boost capital expenditure.

Total annual funding for the HE sector will exceed £800m by 2005-06, over £100m more than 2002-03 and an increase of nearly 15% in cash terms. This represents real term year on year increases of 1.3%, 3.5% and 1.9%.

More details about the National Foundation for Teaching Entrepreneurship can be found at www.nfte.com

The Proof of Concept Fund supports leading-edge technologies emerging from Scotland's universities, research institutes and NHS Trusts. It helps researchers to export their early-stage ideas and inventions from the lab to the global marketplace. This £33m fund is now in its 4 th year and is already delivering spin-out companies and commercialisation results. Full details of Proof of Concept Fund including case studies and details on the projects funded can be found at www.scottish-enterprise.com/businessstart/academics/pocf/

The Minister's trip takes him from Boston on to New York and Washington. Further details of his programme can be accessed at: http://www.scotland.gov.uk/pages/news/extras/00011600.aspx

Page updated: Thursday, July 22, 2004