28:
146:, Scotland. Although referred to as a bank, it does not do normal banking operations nor accepts deposits. The bank uses public money to fund commercial projects across Scotland with the hope that this seed capital will encourage further private investment, to help develop a fairer, more sustainable economy. £2 Billion of taxpayers money is earmarked for the bank.
200:
which would direct the focus of future investments made by the bank. Ms MacTaggart subsequently insisted she left the bank for personal reasons, and received £117,500 having to work her notice period under the terms of her contract. In April 2023, Al
Denholm was appointed Chief Executive.
1942:
197:
186:
was passed by
Parliament on 21 January 2020. The Act legally obliged Scottish Ministers to establish a National Investment Bank for Scotland as both a public body as a publicly limited company.
1935:
1550:
2012:
1928:
868:
158:
849:
895:
1524:
1410:
183:
1576:
2002:
1274:
150:
973:
1198:"Investment Case Study | The Scottish National Investment Bank | Scottish National Investment Bank invests in PfP Capital's Mid Market Rent Fund"
1048:
1454:
212:
The bank seeks to invest in businesses, projects and communities across
Scotland, with its investment targeted to support three main aims:
196:
was questioned about the departure in the
Scottish Parliament. The departure coincided with the publication of the Scottish Government's
1075:"Our investment portfolio supports businesses, projects and communities that align with our missions | Scottish National Investment Bank"
946:
2017:
182:
was appointed as a strategic adviser, to oversee the organisation launching. In
February 2018 an implementation plan was launched. The
758:
1222:
1432:
1300:
917:
511:
2022:
1389:
1951:
1455:"Highland Coast Hotels secures £4.45 million investment from the Scottish National Investment Bank – The Northern Times"
1170:
1326:
1638:
2007:
1966:
1664:
170:
1499:
1249:
1976:
1551:"Aberdeen-based life sciences pioneer Elasmogen secures seven-figure boost from organisations including the SNIB"
139:
41:
1476:
1353:
127:
1603:
778:
993:
978:
529:
27:
1971:
46:
1175:
922:
873:
1028:
1008:
821:
799:
1955:
343:
154:
98:
1411:"Scottish National Investment Bank steps in to fund new Glasgow homes – Scottish Construction Now"
1143:
779:"SCOTTISH NATIONAL INVESTMENT BANK PLC - Overview (free company information from Companies House)"
230:
The bank has an initial budget of £2 billion for the first 10 years of its existence (2020–2030).
1920:
302:
268:
57:
1716:
1613:
1363:
217:
321:
376:
193:
173:
135:
1433:"Independent broadband firm secures £20m funding to reach 70,000 customers – Future Scot"
1981:
1171:"New Scottish bank opens doors with £12.5m investment in pioneering Glasgow laser firm"
1665:"Scottish National Investment Bank fuels electric vehicle charging firm with £9m deal"
1197:
1996:
179:
192:
In
February 2022 Eilidh MacTaggart left the bank as Chief Executive. First Minister
951:
1742:
38:
1121:
1577:"Renewable energy company Orbital funded by Scottish National Investment Bank"
1477:"Aberdeen Harbour receives £30 million in funding – Scottish Business Insider"
1275:"Hemp-based insulation firm secures Scottish National Investment Bank funding"
544:
1617:
1367:
1608:
1358:
143:
75:
1690:
869:"Scottish National Investment Bank chief pledges pay caps and no bail-outs"
1525:"SNIB invests £9m to help boost recycling of single-use drinks containers"
204:
As of
October 2023, the bank had committed £463.2 million in investments.
994:
https://www.bbc.co.uk/news/uk-scotland-scotland-politics-60601477%7Cwork=
826:
381:
361:
1500:"Scottish National Investment Bank gives £3 million to travel tech firm"
1390:"Iona wind partnership gets SNIB investment – Scottish Financial Review"
1099:
1898:
1768:
1074:
1029:"Scottish National Investment Bank boss paid £117,500 after quitting"
1872:
1846:
1820:
1794:
340:
1924:
1250:"Scottish National Investment Bank backs Forev with £2 million"
1049:"Al Denholm appointed CEO of Scottish National Investment Bank"
1033:
1013:
996:
251:
226:
Harnessing innovation to enable our people to flourish by 2040
1717:"Social and Sustainable | Scottish National Investment Bank"
1009:"Investment bank boss insists she quit for personal reasons"
1743:"North Star Renewables | Scottish National Investment Bank"
109:
1144:"MSPs pass Scottish National Investment Bank legislation"
822:"Scottish national investment bank legislation published"
1223:"Space tech firm R3-IoT to go global after funding deal"
947:"Scottish government to launch national investment bank"
1301:"Scottish National Investment Bank backs forestry fund"
896:"Cabinet Secretary for Economy, Fair Work and Culture"
256:
223:
Building communities and promoting equality by 2040
104:
94:
82:
71:
63:
53:
34:
918:"Scottish national investment bank plans unveiled"
850:"Scottish National Investment Bank Stage 1 Report"
783:find-and-update.company-information.service.gov.uk
974:"Sturgeon tight-lipped on Eilidh MacTaggart Exit"
189:The bank was formally launched in November 2020.
1899:"Par Equity | Scottish National Investment Bank"
1769:"PneumoWave | Scottish National Investment Bank"
169:The bank was announced in September 2017 in the
2013:Public corporations of the Scottish Government
800:"Scotland's national investment bank launches"
1936:
1873:"Cyacomb | Scottish National Investment Bank"
1847:"Verlume | Scottish National Investment Bank"
198:National Strategy for Economic Transformation
159:Cabinet Secretary for Finance and the Economy
8:
1821:"Forrit | Scottish National Investment Bank"
1327:"Nova secures SNIB funds for tidal turbines"
18:
1795:"Utopi | Scottish National Investment Bank"
1691:"Orbex | Scottish National Investment Bank"
1639:"Delayed Wavegarden gets £26m SNIB backing"
1943:
1929:
1921:
237:
184:Scottish National Investment Bank Act 2020
17:
770:
153:, with the only shareholder being the
794:
792:
20:Scottish National Investment Bank plc
7:
867:Donnelly, Brian (28 November 2018).
216:Supporting Scotland's transition to
1124:. Scottish National Investment Bank
1102:. Scottish National Investment Bank
1354:"Sunamp batteries get £6m backing"
1169:Wright, Scott (23 November 2020).
945:Brooks, Libby (28 February 2019).
759:List of national development banks
176:'s 2017 Programme for Government.
132:Banca Tasgaidh Nàiseanta na h-Alba
14:
1604:"Purelifi gets £10m tech backing"
1248:Walker, Peter A. (29 July 2021).
1202:Scottish National Investment Bank
124:Scottish National Investment Bank
26:
2003:2020 establishments in Scotland
1498:Walker, Peter A. (6 May 2022).
42:investment and development bank
1:
802:. BBC News. 23 November 2020
645:Renewable energy operations
358:Gresham House Forestry Fund
134:) is a Scottish state-owned
88:Al Denholm, Chief Executive
854:Scottish Parliament Reports
597:EV charging infrastructure
2039:
2018:National development banks
1967:Caledonian Maritime Assets
613:Bio-fuel satellite launch
286:Mid-market rental housing
1977:Glasgow Prestwick Airport
1962:
249:
246:
243:
240:
218:net-zero carbon emissions
25:
677:Data analytics platform
444:Lothian Broadband Group
324:charging infrastructure
1581:Scottish Financial News
1529:Scottish Financial News
1053:Scottish Financial News
642:North Start Renewables
626:Social and Sustainable
530:Pharmaceutical industry
305:satellite connectivity
2023:Government-owned banks
741:Innovative technology
725:Innovative technology
479:Marine infrastructure
460:Highland Coast Hotels
412:Iona Wind Partnership
131:
1972:Crown Estate Scotland
1279:www.businessgreen.com
898:. Scottish Government
661:Biosensor technology
512:Deposit-return scheme
508:Circularity Scotland
90:Willie Watt, Chairman
47:Statutory corporation
693:Cloud-based content
578:Wavegarden Scotland
545:Orbital Marine Power
157:. It reports to the
140:national development
1956:Scottish Government
1952:Public corporations
565:Telecommunications
428:Strathcarron Homes
155:Scottish Government
99:Scottish Government
22:
1671:. 6 September 2022
1333:. 8 September 2021
830:. 28 February 2019
393:22 September 2021
269:Quantum technology
151:public corporation
58:Financial services
2008:Banks of Scotland
1990:
1989:
1905:. 16 October 2023
1879:. 12 October 2023
1775:. 12 January 2023
1749:. 6 December 2022
1723:. 1 November 2022
1697:. 18 October 2022
1669:uk.news.yahoo.com
1479:. 28 January 2022
1457:. 19 January 2022
1413:. 3 December 2021
1150:. 21 January 2020
926:. 20 October 2017
750:
749:
709:Renewable energy
591:5 September 2022
549:Renewable energy
476:Port of Aberdeen
425:03 December 2021
409:15 November 2021
373:7 September 2021
362:Woodland creation
280:24 February 2021
265:M Squared Lasers
262:23 November 2020
120:
119:
2030:
1945:
1938:
1931:
1922:
1915:
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1910:
1903:www.thebank.scot
1895:
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1877:www.thebank.scot
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1602:Cameron, Greig.
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1564:
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1555:www.scotsman.com
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1435:. 6 January 2022
1429:
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1407:
1401:
1400:
1398:
1396:
1388:McSherry, Mark.
1385:
1379:
1378:
1376:
1374:
1352:Cameron, Greig.
1349:
1343:
1342:
1340:
1338:
1323:
1317:
1316:
1314:
1312:
1307:. 19 August 2021
1297:
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1286:
1281:. 12 August 2021
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1079:www.thebank.scot
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1037:. 20 April 2022.
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581:Surf technology
473:28 January 2022
457:18 January 2022
447:Rural broadband
441:07 January 2022
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1853:. 24 April 2023
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1827:. 13 April 2023
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1801:. 30 March 2023
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1504:businessInsider
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1055:. 27 April 2023
1047:
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1017:. 4 March 2022.
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982:. 3 March 2022.
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629:Social housing
377:Nova Innovation
355:17 August 2021
334:11 August 2021
236:
210:
194:Nicola Sturgeon
174:Nicola Sturgeon
167:
128:Scottish Gaelic
108:
89:
85:
44:
19:
12:
11:
5:
2036:
2034:
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2020:
2015:
2010:
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1982:Scottish Water
1979:
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1645:. 18 July 2022
1643:Daily Business
1630:
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1380:
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1331:Daily Business
1318:
1305:Daily Business
1292:
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1240:
1229:. 27 July 2021
1227:Daily Business
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1189:
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1122:"Our Missions"
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623:November 2022
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489:31 March 2022
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1583:. 4 July 2022
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1557:. 18 May 2022
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992:cite web|url=
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