Welfare to Work Scotland Convention Julian Taylor, Scottish Enterprise 19 September 2012

business with no employees 211,000 business with no employees Business Start-up 15,000 start-ups 11,000 VAT registered 9,000 Growth Companies 14,000 SMEs HGF c1000 96,000 firms with employees 5,000 Exporters 300,000 Businesses in Scotland

Businesses / employment Scotland 2011 High Growth Firms: 1% of all firms, c. quarter of new jobs they are relatively small – 45% have 10 to 19 employees and almost 80% employ 10 to 49 people; they are well established ‐ just over half (53%) have been established for 10 years or more; they are in a wide variety of sectors. Vital 7%: c. half of all new jobs

Scotland’s growing global companies

Global companies growing in Scotland “Why is Wales in general not attracting as much FDI? Short answer, Scotland, long answer organisation. Scotland is streamlined, they are very efficient. Selling Wales: the role of Agencies in Attracting Inward Investment (2012)

Scotland’s growing global sectors Scotland's renewable energy industry has attracted £2.8 billion capital investment since 2009. The figures shows that the renewable sector is continuing to thrive despite economic uncertainty. Onshore wind accounts for 57 percent of total investment with 21 percent going to offshore wind. The rest of the investment has been deivded between wave and tidal energy, solar photovoltaics, hydro energy, landfill gas and biofuels. The new investment figures were released by industry body Scottish Renewables. Niall Stuart, chief executive of Scottish Renewables, said: "These figures show Scotland’s renewables industry is very much bucking the economic trend.  During the downturn our industry has delivered some £2.8bn of much needed capital investment in our economy.  This has helped to grow the supply chain, secure the future of many companies and support more than 11,000 jobs. Skills investment plan for Scotland’s Food and Drink Sector

Replacement & expansion 2010 - 20

Collective action makes a difference Account managed firms: Employment over last four quarters Account managed firms: Employment over next Six Months