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Innovation

What is innovation?

Innovation involves turning ideas, research and technology into new products, services or processes that benefit society.  It doesn’t have to be a new invention, it could be using an existing idea or piece of technology and using it in a new way or applying it in a new area.

Innovation is important for improving our businesses, public services, and non-profit sectors.  It can create many high-quality jobs and bring investment into a region by providing companies with a competitive advantage that enables them to grow quickly.

The UK Government supports innovation by offering organisations access to expertise and equipment, help with building partnerships, and funding through grants or loans.

Strength In Places Fund

The Strength In Places Fund is a UK Research and Innovation (UKRI) programme that supports innovation-led regional growth.  It does this by funding  consortiums of research organisations and businesses.

The UK Government is investing £82 million in three Strength In Places Fund projects based in Scotland.

Digital Dairy Value-chain for south-west Scotland and Cumbria

The UK Government is investing £21 million in the Digital Dairy Value-chain based at Scotland’s Rural College (SRUC) Barony Campus in Dumfries. The region’s dairy industry is a major employer and every year produces 1.9 billion litres of milk.  Innovation using sensors and data will increase the value of the industry and make it more sustainable.

Living Laboratory for Precision Medicine

The UK Government is investing £38 million to create the Living Laboratory for Precision Medicine at Queen Elizabeth University Hospital.  The facility brings together University of Glasgow, the NHS and world-leading companies to grow the region’s life sciences sector through medical innovation.  This could deliver savings for the NHS, improve patients’ health outcomes and drive economic development.

Smart Data Foundry

The UK Government is investing £23m in the Smart Data Foundry (formerly called the Global Open Finance Centre of Excellence).  Based at the University of Edinburgh, it will build on the region’s strengths in financial services and financial technology by innovating using data.  This could help tackle the ‘poverty premium’ and enhance consumer protection through researching economic crime and data protection.

Glasgow Innovation Accelerator

The Glasgow City Region is one of three new ‘Innovation Accelerators’ sharing £100 million of UK Government funding.  The accelerator aims to replicate the highly successful Silicon Valley model, bringing together research and industry.  This will drive-up prosperity, create high-quality jobs, and bring in private sector investment to the region.

An Innovation Partnership, led by the private sector and including the region’s universities, research institutions and local government has developed proposals for the accelerator.  Further details of projects are expected in Spring 2023.

Medicines Manufacturing Innovation Centre

The UK Government is investing £28 million in the Medicines Manufacturing Innovation Centre in Renfrewshire.  The centre will accelerate the development of a new generation of manufacturing processes for the pharmaceutical industry.  This will help companies to deliver medicines to patients with minimal waste and maximum speed.

It is forecast to generate £200 million in advanced technologies over the first 5 years and create over 100 high-value jobs.

The facility is a collaboration between UKRI, CPI, University of Strathclyde, Scottish Enterprise and founding industry partners, AstraZeneca and GSK.  It is situated in a wider industrial campus called Advanced Manufacturing Innovation District Scotland (AMIDS) next to Glasgow airport, which is supported by £55.6 million from the UK Government.

More information

Explore the work of UK Research and Innovation.

Get the latest from the Department of Science, Innovation and Technology.

Find out more about levelling up in Scotland.