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Investment proposal
The Scottish Government has outlined plans to work with the Scottish National Investment Bank on an innovation fund, with university spinouts a particular focus. The proposal appears in the 2026–2031 Programme for Government, which names health and life sciences among Scotland’s four innovation priorities over the next five years.
Potential healthcare impact
InnoScot Health said the fund could provide an important boost to healthcare research and innovation if supported by appropriate investment. The organisation also believes an independent fund could help ensure ideas continue to be developed for patient benefit while NHS Scotland undergoes significant change. InnoScot Health works with NHS Scotland to identify, develop and commercialise healthcare innovations.
Wider innovation agenda
The programme highlights digital technology to help prevent type 2 diabetes and expanding virtual wards, which the government believes could ease hospital pressure while supporting care at home. Other measures include implementing recommendations from the Scottish National Investment Bank’s review, coordinating public finance institutions, developing regional research and business links, and consulting on procurement reforms intended to encourage innovation in health and care.
