London Stock Exchange Group welcomes First Minister of Scotland, Nicola Sturgeon, celebrating EIE London

EIE London Innovation & Investment Showcase took place at the London Stock Exchange (LSE), on Wednesday 20 April 2022, with organisers saying the event has strengthened the gateway to global investment and finance for Scotland’s most innovative companies. 

Supported by the Scottish Government’s Ecosystem Fund in connection with the Scottish Technology Ecosystem Review in 2020, EIE London is one of the main fixtures in 2022 for the EIE Investor Readiness Programme delivered by the University of Edinburgh’s Bayes Centre.  EIE has helped over 540 companies raise more than £1.1 billion ($1.5 billion) since the investor-readiness programme was launched in 2008.

First Minister Nicola Sturgeon, who hosted the EIE London event at the LSE, said:

“Scotland is moving with vigour towards a high tech, low carbon economy and developing capabilities in emerging markets - including renewables, fintech, and cyber security - while our leadership around global priorities like net zero positions our tech sector to make the most of the opportunities for economic growth that a Just Transition presents.”

“Today’s showcase demonstrates exactly the kind of innovation that ambition leads to, and fills me with optimism for the future.  The ties between London and Scotland’s tech ecosystems enable easy access for investors to leading edge Scottish companies via the City and, vice versa, companies based in Scotland can access the opportunities the City presents in order to maximise the sector’s potential and capacity to drive growth and job creation.”

Keynote addresses were also made by The Lord Mayor of London, Vincent Keaveny, and London Stock Exchange CEO, Julia Hoggett.  

The Lord Mayor of London, Vincent Keaveny, said:

“Encouraging innovation is essential to the continuing success of our financial and professional services sector.  The success of innovative firms and ecosystems outside the capital is a key part of our international appeal.  Strengthening links between London and Scotland’s thriving tech pipeline will help to drive investment and growth.  I look forward to continuing to develop the partnership we have with colleagues in Scotland to the benefit of us all.”

Karen Wood, Director of Enterprise, Bayes Centre, said:

“We are showcasing Scotland’s tech ecosystem innovation talent pipeline in London, which is a global gateway to investment and finance, as we continue to play a part in inspiring, supporting, and scaling high growth companies.  By matching our most innovative companies and ecosystem partners with investors based in the UK’s capital and beyond, we can help to drive Scotland’s economic growth in the years ahead.”

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