The MSP for Hamilton, Larkhall and Stonehouse, Christina McKelvie MSP, has welcomed a recent Scottish government announcement which will see a £17.5 million funding package delivered to Scotland’s entrepreneurs and start-up businesses.


This funding is designed to establish Scotland as one of Europe’s leading start-up economies. Scotland already has a strong entrepreneurial sector, with start-up businesses and entrepreneurs contributing a health £1 billion to Scotland’s economy.


This package comes shortly after the First Minister, Humza Yousaf, recently launched a ten-year an to create world-class entrepreneurial campuses at 45 universities and colleges, which will be aided by a further £5.5 million increase in the 2023-24 University Innovation Fund. The Fund aims to assist universities and colleges in turning world-leading research into important innovation projects.


Commenting, Christina said:


“I am pleased to see this funding package delivered by the Scottish Government. My constituency is awash with innovators, small businesses, and entrepreneurs, who have turned small start-up businesses into seriously prosperous businesses.

“This is a brilliant thing for our constituency. Small businesses and entrepreneurs bring seriously appreciated economic benefits to communities like ours, be it through wealth increases, or by creating jobs for people, and through the provision of important services.


“So, I commend the Scottish Government for recognising the important of entrepreneurs and start-up businesses, and I look forward to engaging with these groups within my constituency to see how this funding package will benefit them.”