Scottish Life Sciences Firms Get New Business Hub

The Highland Council area of Scotland is doing its best to help life sciences companies collaborate, find new investment and showcase their products through the creation of a new life sciences hub in the region.

Scottish Business News Network reported on the new centre, the NEXUS project, which is part of the Northern Innovation Hub and led by Highlands and Islands Enterprise (HIE). As well as these collaborative opportunities, it will also provide workspace to organisations operating in the industry.

It’s located on Inverness Campus, which means firms also “have access to research and academic partners”, the news provider explained.

A mentoring and coaching programme for start-ups was also launched alongside the new hub, which will help entrepreneurs test their ideas, determine if they’re viable and if they are, to formulate a business plan.

HIE chief executive Charlotte Wright said that launching NEXUS was part of the organisation’s long-term commitment to provide support to businesses in the sector and help them “achieve their goals and realise their full potential”.

She added that the Inverness and Highlands area is known as an important centre for life sciences in the UK, which is why it’s important that the industry is nurtured and supported.

In February, some of the achievements of Scottish life sciences firms were highlighted at the Life Sciences Dinner & Annual Awards. The Scotsman reported that £152 million was invested in the sector during 2017, making it one of the best places in the UK for businesses to access risk capital.

If you need support to develop your life sciences sales pipeline, contact our experts at Voicentric to find out how we can help.