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.
New research from Corporate Coach Group reveals the UK's most ambitious cities and includes top tips on how to make 2021 your best year ever when it comes to achieving your goals

The accolade this week goes to MyPlasticDiary, an innovative app which will enable you to track, understand and reduce your plastic footprint

The innovative Spanish startup raises major funding to scale its team and help more businesses design smarter automated conversations with customers

The lowdown on the Japanese robotics startup that has created Qoboo, a therapeutic robot in the form of a cushion with a tail

The EverLearner launches a GoFundMe campaign to help disadvantaged children in the UK who are struggling to complete their online learning

10 startups solving challenges the aerospace sector faces are selected for the latest ATI Boeing Accelerator. We took a look at the cohort

Whether you're recruiting for a small tech startup or a large well-established organisation, these tips will help you stay on top of your game

The lowdown on the innovative EdTech app Tappity that's on a mission to help kids learn about science in a way they'll actually enjoy...

AlphaBeats is a startup that's created an innovative way to help us all us fight stress while we unwind listening to our favourite music

Major seed investment secured by the innovative Insurtech startup Nayms to assist with developing further pilot programs and building its customer base
Published on: 23rd July 2014
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.







- Where are the UK’s most ambitious people in 2021? 21st Jan 2021 New research from Corporate Coach Group reveals the UK's most ambitious cities and includes top tips on how to make 2021 your best year ever when it comes to achieving your goals
- No-Code Chatbot Builder Landbot Secures $8M Series A 20th Jan 2021 The innovative Spanish startup raises major funding to scale its team and help more businesses design smarter automated conversations with customers
- Supporting disadvantaged children with their online learning 19th Jan 2021 The EverLearner launches a GoFundMe campaign to help disadvantaged children in the UK who are struggling to complete their online learning
- Insurtech startup, Nayms Closes £1.5m seed round 15th Jan 2021 Major seed investment secured by the innovative Insurtech startup Nayms to assist with developing further pilot programs and building its customer base