News

Accelerating Scotland’s tech-led recovery

Published: 24 Mar 2021 00:01

Programme backed by £7 million funding in first year.

A leading expert in scaling digital businesses has been appointed to oversee work to establish Scotland as a world-class technology hub.

Mark Logan, former Skyscanner executive and Professor of Computing Science at the University of Glasgow, will advise ministers on implementing the recommendations stemming from his independent review of the Scottish tech ecosystem.

The programme will be delivered with £7 million Scottish Government funding in its first year (2021-22). This will include a £1 million fund to make strategic investments in organisations and activities – such as tech conferences, meet-ups or training programmes – that create the best possible environment for Scottish start-ups to succeed.

Procurement for a network of growth-focused entrepreneurial hubs known as “tech scalers” will open for bids later this year. It is anticipated that there will be five scalers in different parts of the country by 2022, with the aim of supporting around 300 high-quality start-ups over the next five years.

Progress will be supported by a gender-balanced advisory board composed of some of Scotland’s most successful entrepreneurs and digital leaders including:

  • Lesley Eccles, founder and CEO of HelloRelish and co-founder of gaming platform Fanduel
  • Roan Lavery, co-founder of online accounting firm FreeAgent
  • Sarah Ronald, founder of Nile HQ strategic design agency
  • Stephen Ingledew, executive chair of FinTech Scotland

Finance Secretary Kate Forbes said:

“Mark is one of the most respected figures in Scotland’s tech scene and his experience, passion and global profile will be invaluable in our joint mission to elevate the tech ecosystem to world-class level.

“The expertise and industry perspective of the advisory board will also be instrumental in ensuring we create the conditions and infrastructure needed to incubate a stream of start-ups that reach sustained profitability and can do so at scale.

“From attracting young people into computing science courses to supporting a community of high-growth businesses, this programme of work will be critical in determining the future contribution of Scotland’s tech sector to our economic recovery.”

Online travel business Skyscanner was Scotland’s first “unicorn” – the industry term for a tech company valued at more than $1 billion. Professor Logan joined the firm as Chief Operating Officer in 2012 until its acquisition in 2017.

Professor Logan said:

“It’s very exciting to witness the shared sense of mission and ambition across government, industry and the education sector in bringing the tech ecosystem review’s recommendations to life. I’m pleased to have the support of such an experienced board as we strive to make Scotland a leading technology economy.”

Background

Mark Logan’s Scottish Technology Ecosystem Review was published in August 2020 and the Scottish Government has committed to implementing its recommendations.

A full list of board members will be published ahead of its first meeting in May 2021.

The £1 million Ecosystem Fund is expected to open for applications in summer 2021.

A document setting out the Scottish Government’s initial expectations of tech scalers will be published shortly and used as a basis for discussions with potential bidders.

Work to develop the technology sector will contribute to the successful delivery of Scotland’s updated digital strategy which was published this month and complements the artificial intelligence strategy published earlier this week.