Top VC investor Scottish Enterprise Fund

The activity of Scottish Enterprise has presaged a dramatic growth in the number of venture backed companies in Scotland. Since 1999, when the Scottish Parliament first sat, Scotland’s venture backed portfolio has grown much faster than England’s (albeit from a lower base), off the back of one of the UK’s most favourable environments in terms of public sector support. However, for a given quantity of public money, less private money follows in Scotland than in England.