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

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Support for construction and defence businesses

18/05/2005

Two universities in Glasgow will receive funding for innovative projects supporting businesses in the construction and defence industries.

Money from the SEEKIT (Scottish Executive Expertise, Knowledge & Innovation Transfer) fund will go to:

  • A Knowledge Transfer Initiative for the Defence Sector, run by the University of Glasgow. The project will receive £284,794 to support and advise high technology small and medium sized enterprises (SMEs) on how to take advantage of opportunities provided by the defence industry
  • Sustainability in Scottish Construction SMEs, run by Glasgow Caledonian University. This project will receive £85,870 to help construction SMEs use innovative measures to improve competitiveness and efficiency

Deputy Enterprise Minister Allan Wilson said:

"The value of funding from programmes such as SEEKIT is aptly demonstrated by the two projects that will benefit from today's announcement. Both show that by exploiting the excellence of our world class universities we can support and develop our businesses.

"Enabling our businesses to take advantage of our excellent science base effectively and efficiently will clearly be vital to achieving our top priority of growing the economy. This is where funds such as SEEKIT come in. The money they provide is vital to supporting this often difficult and sometimes risky process.

"I am sure both universities will be able to use the money I am announcing today to help SMEs take advantage of the huge opportunities available in the defence and construction industries. By doing so they will create and safeguard jobs and benefit not just the Glasgow area, but the whole Scottish economy."

The SEEKIT (Scottish Executive Expertise, Knowledge & Innovation Transfer) programme supports universities, research institutes and other public sector bodies to put in place the infrastructure needed to facilitate co-operation in research and development (R&D) and productive knowledge transfer between the Scottish public sector science base and our companies.

SEEKIT funds large projects, often costing over £500k usually with co-finance from the European Regional Development Fund (ERDF). To date 10 SEEKIT awards have been completed. In total, offers totalling £2.8 million have been awarded.

Page updated: Wednesday, May 18, 2005