Pre-games boost for Glasgow technology sector

by Startacus Admin
Its shaping up to be a cracking week for the city of Glasgow! Alongside what is promising to be the most memorable Commonwealth Games opening ceremonies in many a year, taking place later today (23/07/14) yesterday the chancellor of the exchequer George Osborne made an announcement which is sure to put a smile on many a little entrepreneurial face.
£24m in new funding will be made available for the development of Glasgow's life sciences, business and arts sectors.Of this money, some £17m will be powered into the growth of health technology, £5m has been earmarked for the Glasgow School of Art and a new business centre will be established in the city at a cost of £1.7m
Yesterday George Osborne told a packed congregation of delegates at a conference ahead of the Commonwealth games that the government will be handing over
- A £16m grant to help with the completion of a new £64m Stratified Medicine Imaging Centre of Excellence
- A contribution of £5m to help shore-up the Glasgow School of Arts new graduate and research centre.
- A £1.2m grant to help with the development of a new £4m MediCity Scotland facility
- Finally (and rather excitingly) a £1.7m contribution to a new £4m Centre for Business Incubation, Development and Recovery.
We can't help but feel George Osborne is playing something of a game himself with this strategic placement of funds with Glasgow on the cusp of the worlds second largest sporting event and scotland now less than ten weeks away from a era defining independence referendum. Your move Alex…
Don’t forget July is our Glasgow startup month, why not take a look at some of the other stuff we have been talking about so far!
If you like what you see here on Startacus, why not become a member of our growing community? It's free! And you'll get all this - exclusive access to our Business Toolkit, discounts and offers galore for your business via our member only business deals, the chance to network and connect with loads of fellow self-starters, and maybe even become our celebrated 'Self-Starter of the Week' and tell the world your startup tale! Join right here for free...
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Tobin Capital continues to expand its portfolio by investing in pop-up marketplace Sook, the startup on a mission to revolutionise the high street.

Sodexo and L Marks open call for applications from innovative startups and scaleups to join their inaugural Sodexo Healthcare and Seniors Accelerator.

The lowdown on FuturePlus, the startup that's on a mission to make sustainability accessible, achievable and affordable for all businesses.

John McLachlan, author and co-founder of Monkey Puzzle Training & Consultancy examines the differences between action-oriented and reflective leaders and which approach is best.

The fitness app that's not just about physical fitness; GoJoe helps employers to engage, motivate and connect their people across all pillars of wellbeing.

Now in its fifth year, North West England water firm United Utilities opens call for Innovation Lab, its pioneering ideas incubation programme.

Not-for-profit OneTech has spunout from Capital Enterprise to expand its offering and continue its mission of creating a more equitable, diverse and supported startup ecosystem.

London-based startup Deep Render tackles the internet’s data and bandwidth challenges via its innovative AI-powered file compression technology.

The lowdown on Dublin-based startup and NUI Maynooth spin-out Neuromod Devices and its innovative evidence-based bimodal neuromodulation treatment for chronic tinnitus.

With the clear shift towards generative AI, Richard Hayes, search director at digital marketing agency Catalyst explores what it means for SEO...
Published on: 23rd July 2014
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.







- Startup Sook Receives Investment from Tobin Capital 24th May 2023 Tobin Capital continues to expand its portfolio by investing in pop-up marketplace Sook, the startup on a mission to revolutionise the high street.
- L Marks Seeking Startups and Scaleups for Sodexo Healthcare and Seniors Accelerator 23rd May 2023 Sodexo and L Marks open call for applications from innovative startups and scaleups to join their inaugural Sodexo Healthcare and Seniors Accelerator.
- United Utilities Innovation Lab launches call-out for innovative ideas for fifth programme 18th May 2023 Now in its fifth year, North West England water firm United Utilities opens call for Innovation Lab, its pioneering ideas incubation programme.
- OneTech Spins Out from Capital Enterprise to Support Underserved Communities in Tech Across the UK 18th May 2023 Not-for-profit OneTech has spunout from Capital Enterprise to expand its offering and continue its mission of creating a more equitable, diverse and supported startup ecosystem.