The Scottish Government recently announced its budget for 2025-2026, and it includes a £321 million investment in enterprises that support technologies such as AI and robotics, as well as programs like the startup scaling initiative Techscaler.
Techscaler is an Edinburgh-based government program that helps create, develop and grow technology startups. It provides resources like curated content, toolkits and playbooks created by founders, individual mentoring from industry operators, educators and investors, various hubs and workspaces as well as a network of academic, corporate and technical experts.
The investments are intended to support jobs and economic growth across the country amid an increased cost of living. Alongside fueling job growth in emerging tech sectors, the government is allocating £25 million towards job creation in the green energy industry as the country works to combat global climate challenges. Shona Robison, the cabinet secretary for finance and local government, also committed £300 million in revenue from Scotland’s offshore wind leasing program ScotWind, to invest in jobs.
Educational institutions will also receive a significant investment in the coming year. Colleges and universities across the country will receive £2 billion of financial support under the new budget as they help contribute to skill growth that fuels economic advancement.
