Infrastructure & support
Situated side by side on the eastern edge of the city centre, sits the University of Strathclyde’s Technology and Innovation Centre (TIC) and Scottish Enterprise’s inovo. The creation of this campus has created an environment for where business and academia work collaboratively in the research, development, design and engineering of energy, low carbon and associated enabling technologies.
inovo-TIC has provided a focal point for innovation and technology within Glasgow and has emerged as a global research and development hub. Together with the nearby Tontine, this hub will anchor Scotland’s first innovation district.
The University of Strathclyde’s £90 million Technology and Innovation Centre opened in 2014 and has become the centre of Glasgow’s low carbon economy, with a focus on:
- low cost, greener power and energy
- renewable technologies
- photonics and sensors
- advanced engineering
- pharmaceutical manufacturing
The purpose built industry engagement building, inovo, is Glasgow’s greenest building and provides office accommodation for companies involved in new technologies, research, development and the renewables industry. Tenants include the Offshore Renewable Energy Catapult, CENSIS, and Smartest Energy.
The newly refurbished Tontine provides support and office space for high growth start-ups in enabling technologies, advanced design and manufacturing, and the creative economy. Tontine fosters a supportive, collaborative environment with dedicated support through a highly focused Account Managed service from dedicated Business Advisers and wider support services tailored to business needs.
A number of support functions and incentives are available for low carbon and energy businesses:
The Renewable Energy Investment Fund can support projects in marine energy, community owned renewables, and renewable district heating among others.
There are a number of other more general funding and support schemes that cover training and recruitment, business development and investment assistance, which are not specific to the low carbon industry but are still applicable.
- Partnerships with universities
- R&D Grant: supporting industrial research and experimental development for all businesses
- SMART: SCOTLAND: innovation grant for technical and commercial feasibility studies
- Horizon 2020: European Funding Programme to support research and innovation
- Innovate UK funding
- Tax credits for both large and small companies engaged in R&D
- Venture capital options