100+ jobs supported by HIE in Moray in 2023/24
As a result of HIE’s support, businesses in Moray are forecast to see combined turnover rise by more than £85m and international sales by almost £14m.
Make your life easier with a MyHIE account. It’ll save you time, help you find and organise content based on your needs and interests.
HIE has awarded a £371,895 contract to SAC Consulting to provide a mix of virtual and face-to-face support activities over the next three years, focused on innovation and the development of new products and services.
They will include business and stakeholder engagement, networking and collaboration, and demonstration and learning opportunities.
There will be specific support for young entrepreneurs in the sector, with links to HIE’s IMPACT30 programme, which aims to help foster the next generation of business leaders.
The new support services contract is funded by the Inverness and Highland City-Region Deal. It forms part of HIE’s wider support for the food and drink sector through the Northern Innovation Hub (NIH), a £14.2m initiative led by HIE as part of the Deal.
NIH is funded with £11m from UK Government, £1.2m ERDF and £2m from HIE and focuses on developing innovation in small and medium sized enterprises in the Highland Council area.
Claire Munro, HIE’s senior project manager for the Northern Innovation Hub, said:
“The food and drink industry is one of the Highlands’ most important sectors and a key rural employer with significant growth potential. That’s why it is one the four key sectors prioritised in the Northern Innovation Hub.
“This new programme of support will encourage and support Highland based food and drink companies to continue their recovery and growth and ultimately create more quality jobs. Importantly, it will support young entrepreneurs in the sector too.
“We are very pleased to be working with SAC Consulting and look forward to seeing our region’s businesses benefit as a result.”
Alistair Trail, principal food and enterprise consultant for SAC Consulting, said:
“SAC Consulting are delighted to be working with Highlands and Islands Enterprise to deliver the Food and Drink TechHUB Business Support Service for businesses in the Highlands Council Area.
“The Highlands region has a great reputation for producing fantastic food and by delivering this exciting and innovative project we will endeavour to help the businesses in the region grow and encourage new entrepreneurs into the sector.”
UK Government Minister for Scotland Iain Stewart said:
“Scotland's food and drink is one of its major export success stories, and the industry is of particular importance to rural communities.
“The new support services being delivered at the Northern Innovation Hub will help the industry to grow, which will bring more jobs and investment to the Highlands.
“The UK Government is providing £11m for the Hub as part of £2bn of support for regional projects to level up communities across Scotland.”
As a result of HIE’s support, businesses in Moray are forecast to see combined turnover rise by more than £85m and international sales by almost £14m.
As a result of HIE support, businesses in the area will see total turnover rise by £14.5m and international sales by £1.9m.
Figures show HIE approved £1.5m investment across 18 Shetland projects in 2023-24
Figures compiled by HIE show that businesses and communities supported by the agency in 2023/24 are set to create or retain more than 1,200 jobs across the region.
Beinn an Tuirc Distillery is investigating the development of two new canned ready to drink (RTD) cocktail recipes.
£250k helped leverage a further £3.6m in national investment
Enterprise agencies welcome Sumitomo milestone as ground is broken on £350m factory project
Celebration of the region's best food and drink producers, suppliers, venues, retailers and entrepreneurs kicks off for 2024.
Event in Portree on Saturday 27 April to encourage more people into the profession
A programme of remedial works to bring Scotland’s only funicular railway back into service at Cairngorm Mountain is entering a new phase during week beginning Monday 15 April.
HIE funding will support the element of the project that focuses specifically on reducing carbon emissions and energy costs.