Bike centre companies move up a gear
9 Dec 2015
The Mountain Bike Centre of Scotland (MTBCoS) is supporting a multi-million pound economic boom, helping small businesses work with universities to develop new and innovative products for the growing mountain biking market.
Fergus Ewing MSP, Minister for Business, Enterprise and Tourism, visited the centre for an event showcasing some of the companies that have benefited from the product testing, training and research offered.
A new survey of 28 companies helped by MTBCoS, with products ranging from textiles and bicycle manufacturers to security devices, forecast a combined increase in turnover of £13.5million over the next three years. It is estimated that this growth will create 69 new jobs and see a £7.4million increase in international sales over the same period.
The centre, which is run as a partnership with Edinburgh Napier University, the Scottish Funding Council, Scottish Enterprise and Scottish Cycling, opened in 2014 at Glentress Forest near Peebles, the UK’s largest mountain bike trail centre with more than 300,000 visitors per year.