Doing business in Scotland
Government support and incentives
Scottish Development International (SDI), the international arm of Scotland’s economic development agency, provides considerable tangible support to Australian companies setting up in Scotland.
SDI helps potential investors in Scotland by providing general business and sector-specific advice; access to specialist expertise; market information; financial assistance and information on business location and staff recruitment.
Once a business is established in Scotland, SDI continues to work closely with the organisation to ensure the ongoing success of their investment. This support includes: business development support; marketing and market research assistance and investment advice.
Some of the business grants and incentives that are available in Scotland include tax credits, research and development assistance and financial incentive schemes. In addition, Scotland is at the top of the list for many venture capitalists as a valuable and reliable source of technology-based opportunity. The Scottish Government actively promotes lasting investment partnerships that support the commercialisation of research and innovation.
Scotland is a country rich in opportunity and bursting with innovation. Whether you are looking to take advantage of world-renowned Scottish expertise, or seeking a gateway into Europe, Scotland is the place to start.
—Iain Steele is the country manager of Scottish Development International (www.sdi.co.uk) in Australia and sits on the NSW Council of the Australian British Chamber of Commerce
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