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Scottish Enterprise has comprehensive Medium-term Financial Strategy (2025-26 to 2027-28) and supporting action plan in place which incorporates targeted work to increase external funding and improve our longer-term financial resilience. Key elements of the Financial Strategy include:
Developing options around our future financial model, including partnerships, new income and external funding streams and an in-depth review of resource expenditure.
Exploration of opportunities to leverage additional private sector capital into Scotland to support the early-stage investment market.
Rebalancing the asset base to reduce volatility and reliance on our financial asset portfolio for income generation.
This risk is also managed through:
Regular financial monitoring and forecasting, including identification of measures that will reduce pressures on the resource budget.
Refreshed approach to budget management to improve financial planning certainty.
Reviewing our operating model to reduce costs where we can.
Continued engagement with the Scottish Government including exploring opportunities for further flexibility in financial management arrangements, multi-year funding to support transformative economic development projects.