Our aims
- To attract direct foreign investment, focussing on research, design and development projects with high knowledge content
- To enhance the global expansion capabilities of companies through international strategy development
- To create partnership investments between Scottish and foreign companies and organisations to open new channels to markets, investments, technologies and products
- To increase trade growth by encouraging the expansion of Scotland's portfolio of first-class exported goods and services to new markets
- To help strike licensing deals between Scottish and overseas companies and universities
Performance highlights for the last financial year (2011/12)
- We worked with 190 companies on international projects – each with the potential to achieve added international growth of at least £1 million within three years
- These projects have a value of £733 million projected sales over the next three years – double what was achieved through the same activity last year
- More than 7,000 planned jobs in total were created or recommitted including 1,800 high-value jobs with our support
Other key results:
- 1382 unique companies benefited from our support
- 1055 high potential Scottish companies were supported to target new international markets
- There have been over 17,800 new registrations for TalentScotland in the past year, following the launch of the TalentScotland.com website, which aims to attract new highly skilled people to work in Scotland
- Almost £22 million of Regional Selective Assistance (RSA) support for projects with a planned expenditure of nearly £163 million was offered to over 30 inward investors to locate or grow their operations in Scotland
- GlobalScot had its most successful year-to-date generating over 450 requests for assistance from Scottish companies to members of the GlobalScot network
- Fifty events were held in Scotland and overseas, with 430 attendees and 140 one-on-one meetings between companies and GlobalScots
- 65 new members to the GlobalScot network, bringing the total number of members to 778
SDI independent evaluation
In May 2010, published findings of an SDI independent evaluation report show that:
- SDI has created around 19,000 jobs to date, demonstrating its importance in supporting employment
- SDI assistance has led to an additional £58 million average exports per year
- An estimated £72 million GVA is likely to be added to the Scottish economy through international trade alone over the next three years, due to SDI activity in this area
- Almost 50 percent of all businesses interviewed reported that support from SDI helped them meet customers/partners that they would otherwise not have met
- 89 percent of businesses that SDI has helped develop international trade considered their engagement with SDI to have been worthwhile
- 41 percent have achieved sales in new overseas markets and 80 percent expect to achieve overseas sales as a result of the supported international trade activities
- Higher wages, higher employment and higher labour productivity exist in SDI-assisted inward investor companies
- 73 percent of inward investors working with SDI consider us to have been very or fairly important in ensuring the continuing presence of the business in Scotland
- SDI-assisted companies have been 19 percent more productive than ‘matched’ cases with no assistance
- Most SDI-assisted inward investment companies are employing more people than planned, doing more R&D and have broadened their product range
Read the full SDI policy evaluation 2010 report