Monday, July 4, 2022
BusinessTech-savey: £6m funding boost awarded to CivTech to ignite public sector innovation

Tech-savey: £6m funding boost awarded to CivTech to ignite public sector innovation

THE Scottish Government has today announced £6 million in funding to drive innovation across the public sector.

This comes as an aim to improve the lives of Scottish citizens, and support a new generation of technology businesses and entrepreneurs.

Awarded to CivTech – the world’s first Government-run accelerator for public sector tech innovation – the cash injection will allow the programme to fund smaller businesses in the private sector as they work to find ways to improve public sector services. 

CivTech aims to help solve problems across the country through tech and innovation.

Ivan McKee, MSP.
Ivan McKee, MSP, has said the funding will lead to “better public services”.                                                 (C) Hot Tin Roof

Since inception in 2015, CivTech has set 60 challenges for tech entrepreneurs and companies, with 178 teams taking part in its exploration stages, and 67 teams going through to the accelerator stage.

The challenges they face include decarbonising manufacturing businesses, managing traffic and road infrastructure in rural and remote communities, and understanding supply and demand of school age childcare

Announced at CivTech’s sixth Demo Day event, live-streamed from Edinburgh’s Assembly Rooms today, the funding will significantly increase the number of challenges set by the Scottish Government’s ground-breaking accelerator.

This ensures a wide range of problems can be solved in collaboration with increasing numbers of public and third sector organisations. 

For the first time, it will provide opportunity for private investors and the Scottish Government to co-fund the high growth potential businesses coming out of CivTech. 

Tech entrepreneurs and organisations compete to help find new digital solutions to the challenges, which are set by public sector bodies ranging from parts of the Scottish Government through to local councils and national charities.

The current cohort will unveil their solutions for the first time at today’s event.

Twelve teams will showcase innovative technologies that will help to tackle climate change, support social care services and improve educational facilities.

Demo Day also gives the Challenge winners the unique opportunity to engage with key public sector industry partners and explore potential for future contracts. 

Ivan McKee, Minister for Business, Trade, Tourism and Enterprise will open the event with a keynote address. 

Mr McKee said: “CivTech’s Accelerator Programme creates a hub for government and industry to come together and develop transformational technologies to tackle problems faced by local communities. 

“CivTech clearly demonstrates that the public sector can innovate, and that innovation can contribute to the economy.

“It is regarded both in Scotland and across the globe as a world leader in GovTech – the application of technological solutions, expertise and technical ability across our public services – a market that will grow from $400 billion (£298 billion) in 2018 to $800 billion (£597 billion) in 2023.

“This funding will allow CivTech to realise its growth ambitions and support the success of businesses taking part in the programme, which in turn allows us to build better public services and drive our economy.”

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