In total there are 15 enterprise zones in Scotland across Life Sciences, Renewable Energy and General Manufacturing, with 3 of these located in the Highland region (2 Renewable and 1 Life Science).
On the Renewables side Scrabster Harbour and Nigg Port are both strategically placed to benefit from the growth in the renewables sector. With off shore wind projects approved for construction of Highlands east coast these locations are set to benefit from these and future projects, with the opportunities presented through enterprise zone status the catalyst to lead the industry on innovation.
Inverness Campus is one of five Life Sciences Enterprise zones in Scotland and recognises the potential of the new £100 Million complex to become a leader in the Scottish Life Sciences industry. With many dynamic offerings to encourage growth the facility offers fantastic growth opportunities.
Businesses locating within the Enterprise Areas will be able to take advantage of either business rate relief up to 100%, saving up to £270,000, or enhance capital allowances at certain sites, where up to 100% of the cost of Plant and machinery can deducted from taxable profits.
In addition to this, businesses would benefit from a streamlined planning process, agreed to by the Scottish Government, Local Governments and COSLA.
Next Generation future proofed wireless broadband infrastructure at the sites
Skills support through Skills Development Scotland focusing on the enterprise areas sectors ensuring the required talent is available, through skills investment plans.
Through SDI, Enterprise areas promoted abroad through sector specific marketing to attract inward investment. In particular, they will look to promote the areas through sales materials, international trade shows and promoting the successes of inward investment.