This item was published during the term of a previous administration that ended in April 2007
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Scotland programmed for prosperity
08/08/2006
Further software development jobs will be created in Scotland as a result of Executive grants totalling almost £13 million.
4J Studios Ltd of Dundee will create 10 jobs for video game development and RSK Tech Ltd, also of Dundee, will create 19 software jobs in the textile industry.
In addition, JP Morgan (Scotland) Service Ltd is creating a further 100 jobs in the sector in Glasgow.
The figures come as the Executive publishes its Regional Selective Assistance (RSA) Quarterly Report for April-June 2006.
Overall, 1511 jobs will be created as a result of the investment, and a further 356 will be safeguarded, benefiting 29 companies.
Deputy Minister for Enterprise Allan Wilson said:
"RSA grants help all kinds of companies across Scotland grow and develop.
"This latest report again highlights the diverse range of businesses that are seeking both to grow and consolidate their position.
"We have everything from software development to furniture manufacturing; from insurance to electronics. The latest grants will either create or save almost 2,000 jobs, which is excellent news for Scotland's economy."
The Minister was speaking on a visit to Jigs and Fixtures in Stewarton, Ayrshire, a previous beneficiary of an RSA grant.
He added:
"Jigs and Fixtures are a fine example of how RSA can benefit a company's growth - a family run precision engineering business that has been able to prosper in recent years as a result of the funding.
"RSA makes a real difference to the assisted areas of Scotland, creates and sustains jobs and boosts local economies. I would strongly encourage other Scottish companies to consider what RSA can do for them."
Regional Selective Assistance (RSA) is the main national scheme of financial assistance to industry. It provides discretionary grants for investment projects that will create or safeguard jobs in Assisted Areas - areas designated for regional aid under European Community law. The scheme is administered by the RSA Scotland Unit of the Scottish Executive.
Payments of RSA are made in instalments, typically over several years, provided that job and project expenditure targets are met.
The amounts quoted here and in the report, therefore, represent the maximum grant potentially payable if the project is satisfactorily completed, and not the amount actually paid to date.
All job numbers are based on firms' forecast figures at the time a grant is offered, and are subject to change depending on future economic conditions and other factors affecting the business concerned.