South of Scotland Enterprise (Funding)

Part of the debate – in the Scottish Parliament at on 17 January 2024.

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Photo of Neil Gray Neil Gray Scottish National Party

South of Scotland Enterprise has made a significant impact since its launch in 2020. Last year, the agency provided tailored advice and support to more than 1,100 enterprises. It invested £10.5 million into businesses and communities and a further £5.4 million into strategic projects.

We have prioritised funding for SOSE to the extent that is possible, given the extremely challenging funding settlement. The 2024-25 budget allocates almost £27.4 million to the agency to support economic and community development across the region. SOSE is committed to boosting investment, accelerating opportunities and helping businesses and communities to grow and achieve their potential. We will keep working with it to support those shared ambitions.