Stewart Stevenson (Banffshire and Buchan Coast) (SNP):
14. To ask the Scottish Government what benefits arise from investment in entrepreneurial businesses. (S4O-01409)
The Minister for Energy, Enterprise and Tourism (Fergus Ewing): Such investment benefits the economy, businesses and society.
Stewart Stevenson: Is the minister aware that the cabinet secretary’s announcement of the encouraging dynamic growth entrepreneurs—or EDGE—fund has been widely welcomed? Will the fund focus in particular on proposals with the greatest prospects of creating new jobs and wealth in Scotland?
Fergus Ewing: I thank Stewart Stevenson for his question, to which the answer is yes, it will. We are delighted at the very warm welcome that the EDGE fund has received across the business and public sector. For example, Sir Tom Hunter said:
“This is a huge boost for entrepreneurs in Scotland”.
Sir Willie Haughey has said:
“This scheme is something that Scotland has been crying out for. I have no doubt that this support for start-up businesses will increase the success rate.”
In response to Mr Stevenson’s question, the fund will indeed make awards to businesses judged most capable of delivering jobs and growth.
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About Stewart Stevenson
Born in 1946 and brought up in Cupar, Fife, I was educated at the local school - Bell Baxter - and studied Mathematics at the University of Aberdeen, graduating with a modest degree in 1969. That's also the year Sandra & I married. Her family comes from the North East.Thirty years later I retired from Bank of Scotland as Director of Technology Innovation and was elected to the Scottish Parliament in 2001 as member for Banff & Buchan having first joined the SNP in 1961.
I then represented the new constituency of Banffshire & Buchan Coast Constituency in our Parliament. I retired as an MSP on 5th May 2021
I was also previously (2007-2010), Minister for Transport, Infrastructure and Climate Change and (2011-2012), Minister for Environment and Climate Change.
I hold the honorary posts of President of the Scottish Association for Public Transport
and Vice-President of Railfuture UK.I am a Fellow of The Royal Society for Arts, Manufactures and Commerce, a Member at The Institution of Engineering and Technology, a Professional Member of the Association for Computing Machinery, a Member of the Institute of Advanced Motorists and an Associate Member of the Highland Reserve Forces' and Cadets' Association.
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