Annual report and accounts

Our annual report and accounts detail where we've invested and the impacts we've made across our region each year.


HIE chief executive Stuart Black

2022-2023 Annual report and accounts

Our annual report and accounts for 2022-23 were laid in the Scottish Parliament on Monday 30 October 2023.

They record a strong performance by Highlands and Islands Enterprise and the hundreds of businesses and communities we support from Argyll to Shetland and from the Outer Hebrides to Moray. 

Working together, we succeeded in creating or retaining over 1,400 jobs, a figure well above target. Significantly, almost 160 of these were in fragile areas.

Business turnover by clients rose by more than £680m, more than treble the target figure, and international sales supported by HIE investment increased by almost £50m, comfortably within our target range.

There were positive outcomes too for the numbers of green jobs that we supported, capital asset investment and, significantly, green capital asset investment.

Only the out-turn for increase in turnover in the social economy fell slightly short, at 94% of the target figure, as communities focused on resilience. We will work to address this in the coming year.

As we look ahead, with a new, five-year strategy launched in 2023, we will continue to act with ambition and commitment to economic growth in all parts of our region, mindful of our responsibility to make the most of the opportunities we currently enjoy to build a prosperous, sustainable and dynamic wellbeing economy.

Download our annual report and accounts

Year-end figures 2022-23

Over the course of 2022-23, our support and investment across the region achieved

Published on 18/08/2023


approved HIE investment in 489 projects


jobs created or retained, 160 in fragile areas


forecast rise in turnover by HIE clients


increase in international sales supported by HIE investment

Annual accounts and reports archive

We are often asked for historical copies of our annual reports and accounts. To make it easier for everyone who wishes to see these documents, we've collated copies dating back to 2009 below.

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