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Innovation Centres boost business

Innovation Centres boost business

18 Jul 2016

Two Innovation Centres have developed over 35 projects in the past 18 months.

The Data Lab Innovation Centre expects to deliver a £36 million boost to the Scottish economy, having backed 21 data science projects, expected to create 140 jobs.

Meanwhile OGIC, the Oil and Gas Innovation Centre, has co-funded investments worth £1 million in 17 research and development projects, helping six through to completion, and investing in 11 partnerships between businesses and Scottish universities.

OGIC has more than 80 further potential projects which could generate another £2.5 million of investment and is currently working on projects including decommissioning subsea structures.

The Data Lab’s current projects include four with NHS Glasgow and it is running Scotland’s first ever “data boot camp” – an intensive three-week course – in Edinburgh in September.

SFC launched the £120 million Innovation Centre programme in 2012, working in partnership with Scottish Enterprise and Highlands and Islands Enterprise, to support transformational collaboration between universities and businesses. The Centres aim to enhance innovation and entrepreneurship across Scotland’s key economic sectors, create jobs and grow the economy.