Fiona Hyslop introduced the final spherical of awards
The £ 9 million of a joint fund managed by Scottish Enterprise and the Nippon Basis will probably be mixed with the investments made by the businesses themselves to create a complete £ 20.9 million pot for analysis and growth. industrial growth.
Scottish Secretary of Exterior Affairs Fiona Hyslop is in Japan this week to strengthen ties in commerce and funding. She introduced the most recent spherical of awards from the frequent fund. A launch in Yokohama revealed the partnership between 12 Scottish firms and Japanese firms to hold out six initiatives.
The collaborations contain firms from Aberdeen, Inverness, Edinburgh, Coatbridge and Livingston. They embody a £ eight.3m challenge to develop the offshore 'Web of Issues' infrastructure and a £ three.3m initiative to arrange a floating construction digital monitoring system.
Scottish Enterprise and the Nippon Basis handle a aggressive analysis and growth fund to convey collectively Japanese and Scottish universities and organizations to develop modern applied sciences within the sector. The primary spherical of financing, introduced final 12 months, has enabled eight Scottish firms to collaborate on 5 initiatives value £ 7.15 million. The second £ 9 million spherical of funding consists of £ 6.2 million in Scottish Enterprise assist for the 12 Scottish firms.
Hyslop mentioned: "I’m inspired by the continuing collaboration between Scotland and Japan within the growth of marine assets and underwater applied sciences.
"In Scotland, local weather week, it’s good to see that many of those initiatives contribute on to the long-term discount of CO2 emissions.
"The Scottish Authorities is dedicated to sustaining its place as a world chief in underwater engineering: investing in our innovation infrastructure to extend Scotland's market share and assist alternatives in North America." Different sectors. "
The Government Director of the Nippon Basis, Mr Unno, mentioned: "The theme of the second part of joint R & D is 'blue financial system', which incorporates not solely oil and gasoline, but in addition a broad vary of wind farms and sea fishing; and we chosen 5 initiatives utilizing the strengths of Japanese and Scottish applied sciences.
"I hope these initiatives will promote multi-sectoral collaboration, international partnerships and develop the brand new ocean growth market."