Interface Funding Grant Helps Connect Business and Academia
First Minister Nicola Sturgeon said the funding will “help nurture links between world-leading research and innovation, and support valuable inward investment.”
The Scottish Government has announced a funding boost aimed at driving collaboration between businesses and academia.
Businesses will benefit from a £5 million investment into the national Interface programme.
First Minister Nicola Sturgeon announced the funding at the official opening of the Roslin Innovation Centre, where she met with businesses that have benefited from the programme.
Established in 2005, Interface connects organisations from a broad range of industries to universities, research institutes and colleges and has introduced almost 3,000 businesses to academic partners.
Companies supported by the organisation contribute more than £64 million (gross value added) to the economy each year.
Dr Siobhán Jordan, Director of Interface, said: “There is huge potential in partnering businesses with our world-leading academic institutes to develop creative solutions for commercial problems.
“Businesses don’t always know how to tap into academic expertise. This funding will ensure that Interface can continue to make valuable connections leading to transformational collaborative research and development.”
“Scotland is home to some of the most highly-rated research institutions in the world and we continue to invest to ensure this leads to practical industry innovation,” she said.
“This further investment from the Scottish Funding Council and the enterprise agencies in Interface will help to amplify our talent and expertise by connecting national and international industry with all of Scotland’s universities, research institutes and colleges.”
The First Minister added: “This boosts productivity, profits and exports and creates jobs, and many companies that have benefited from Interface funding say their project would not have happened without its support.
“This additional £5 million will help nurture links between world-leading research and innovation, which provide a competitive edge for industry, and support valuable inward investment and exports.”