Nearly all colleges in Scotland participate in knowledge transfer activity. The Scottish Further and Higher Education Funding Council is committed to working with colleges to increase their engagement particularly with small and medium-sized businesses.
Will the minister congratulate Adam Smith College on its Round House creative business centre, which is supporting the development of the creative industry sector and small business sector in my constituency? Does he agree that funding should be made available for such innovative developments, which support and nurture entrepreneurship? Will he ensure that funding is available, even outwith Scottish Enterprise's six key sectors?
I am pleased to congratulate Adam Smith College, which is one of the best examples of knowledge transfer activity among Scotland's colleges. I know that the chair of Adam Smith College is a member of the funding council's knowledge transfer college action group, through which work is being done. Indeed, a conference on the issue was held in October last year. The funding council will consider the issue of future funding and future support, which will be an important issue for the spending review.