Registers of Scotland and Ordnance Survey is creating a Geovation Hub in Edinburgh to help accelerate Scottish property and geospatial startups.
The collaboration between the two organisations will promote open innovation, provide startups in the capital with supported access to public datasets and create closer ties between the Scottish technology ecosystem and geospatial community.
Geovation is an Ordnance Survey Initiative which is dedicated to supporting open innovation and collaboration using location and property data.
Consisting of two key elements, Geovation Scotland will offer a funded accelerator programme offering up to 12-months of incubation for property and geospatial technology startups aiming to further develop their business.
The Geovation Hub, which is scheduled to open later this year, will house a number of startups while providing an environment focused on fostering innovation and creativity for the geospatial community across the UK.
The Scottish branch looks to build on the success of its sister organisation, Geovation London, which since its launch has supported more than 74 companies, created almost 200 jobs and helped generate more than £20 million in investment funding.
Commenting on the creation of the hub, Digital Economy Minister Kate Forbes MSP said: “It gives me great pleasure to officially announce Geovation Scotland. This will promote innovation, providing startups with access to public datasets, whilst harnessing the opportunities of working alongside tech and geospatial communities.
“With support from the Geospatial Commission, Geovation Scotland will provide a dedicated hub to incubate new startups in Scotland, and utilise digital data sources to benefit the Scottish economy.”
Jennifer Henderson, Keeper and chief executive of Registers of Scotland, added: “Registers of Scotland and Ordnance Survey each manage a wealth of land, property and geospatial data, and I’m delighted that we are building on our existing partnership to use that in order to support innovative business proposals.
“RoS and OS have over 600 years of collective experience working with data. I’m pleased that we aren’t only using that to support our customers, but to deliver a wider benefit to new businesses. The access to our combined data, will offer business start-ups a fresh opportunity to develop ideas, products, and services that will benefit the people of Scotland and the wider Scottish economy.”