Our priorities

Creating a competitive region - investment

Attracting and delivering investment which helps drive the growth of businesses, social enterprises and communities across the region is a vital part of our role. We have a range of investment tools at our own hand and supplement this with investment from other sources including European funds. Investment covers a broad range of areas important to the prosperity of the region and will include:

  • The rollout of superfast broadband through a £146m project across the Highlands and Islands. This is supplemented by further investment through Community Broadband Scotland.
  • Provision of financial investment to organisations by way of grant, loan or equity funding.
  • The creation of business premises to support growth and inward investment and the development of important sectoral infrastructure such as ports and harbours to enable the growth of the energy sector, the European Marine Science Park near Oban and Creative Industries centres in Lerwick and Stornoway. We will also exploit the enterprise area designations in the region for life sciences and energy.
  • Encouraging the growth of the University sector, both through the University of the Highlands and Islands and in support of the five other universities currently active in the region.
  • Building the capacity of communities and in support of community asset ownership which often underpins sustainability and growth aspirations, including support for Gaelic.
  • Looking forward, we’ll invest in the people and skills needs of the region, in particular through implementation of the Highlands and Islands Regional Skills Investment Plan and through the establishment of a regional Science Skills Academy to ensure the career opportunities and employers’ needs in areas of science, technology, engineering, maths and digital technologies are addressed.
  • Delivery of a portfolio of Regionally Significant Investments (RSIs) - projects which deliver long-term benefits in terms of the structure of the economy and value created.
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