Government to invest in Silicon Valley training model as part of new network of ‘tech scalers’
A Silicon Valley training manual will underpin the education offer of a new network of nationwide ‘tech scalers’ for start-ups, according to government sources.
The materials – which help budding tech entrepreneurs in the US – will form part of the ‘world-class’ training resource to help Scotland’s tech start-ups develop rapidly into globally competitive businesses.
Five tech scalers will be established across Scotland, including one in Inverness, with the aim of creating at least 300 high-quality start-ups over the next five years. Kate Forbes, Finance Secretary, made the announcement following the Programme for Government (PfG) policy commitments outlined in the Scottish Parliament on Tuesday, and in the wake of Mark Logan’s, former Skyscanner Chief Operating Officer, review of the Scottish technology sector.
The Finance Secretary said: “Mark Logan’s review of our tech sector has attracted universal acclaim, having been described as potentially transformational by key figures across business, technology and academia.
“The tech scaler network is the report’s centrepiece and I am pleased to be putting this recommendation into action to dramatically increase the quality and intensity of support available to Scottish start-ups.
“Today’s announcement is just the start of our response to Mr Logan’s report and I look forward to working closely with technology companies to create a Scotland where start-ups can thrive.”
The tech scalers will deliver world-class training and mentoring for technology entrepreneurs while providing opportunities to network and share ideas. It is understood that the Silicon Valley training resources can sell for up £200 for just two presentation slides, and the government is looking at investing in ‘entire courses’ from the training provider concerned.
Mr Logan – who made 34 policy recommendations in his Scottish Technology Ecosystem Review, has been given the green light to set up a new government-industry body to oversee the implementation of his proposals.
Ms Forbes is expected to flesh out some of the proposals in spending terms tomorrow when she announces details of a new ‘Ecosystem Fund’, which will make strategic investments in the Scottish tech sector with plans to establish a formal partnership with the technology industry to drive forward Mr Logan’s longer-term recommendations.
Why innovation and marketing are the perfect partners to make changes that matter￼
With the rapid evolution of traditional marketing and the appearance of digital marketing, technology and innovation has become part of any marketer’s life without the need of working for a…
Transitioning to a four-day week – CEO’s vow to strike a healthier balance in the workplace
I came to Scotland nearly 20 years ago from Ireland, with no contacts but a lot of determination. While Ireland will always be my home, Scotland has given me amazing…
Women Lead: The female-led company championing intuitive working
Over the last two years, the pandemic forced a shift to more remote and flexible working practices. Whilst we might be seeing a “return to normal”, some companies are choosing…
Women Lead: My passion for young people to consider a career in digital
Twenty years ago, I stumbled across my career in digital marketing almost by accident. It was during my honours degree in marketing at Glasgow Caledonian University. I was on work…
Women Lead: Inclusive Silicon Valley cohort gives hope to entrepreneurs from diverse backgrounds
Things are happening on the Scottish tech scene. Big and small initiatives are creating a fantastic ripple effect on the sector, bottom up and top down, thanks to the recommendations…
Women Lead: The story of an entrepreneurial scientist
I first arrived in Scotland over 20 years ago. I had £75 in my wallet and a scholarship offer to do a PhD at the University of Edinburgh. Sometimes I…
Please mind the gap… or healthcare may fall
Imagine sharing a lengthy train journey with others. From beginning to end, imagine how often you might hear ‘mind the gap’ messages about embarking and disembarking safely. Picture how navigating…
Women Lead: My journey from Dragons’ Den to Silicon Valley
Following her appearance on Dragons’ Den, Sheila Hogan, serial entrepreneur, founder and chief executive of digital legacy vault, Biscuit Tin, shares her experience of her time in the Den and…