Saturday, 17 March 2018 08:08

SCOT GOV INVESTMENT SUPPORTING BOOMING COMPUTER GAMES SECTOR

£11.5 million of Scottish Government investment has underpinned a booming computer games sector, new figures show.
 

The number of video games companies in Scotland has trebled from 35 in 2011 to 105 in 2017, with the combined turnover increasing from £36.9m in 2011 to £115.7m by 2015.
 
In an answer to a parliamentary question submitted by Ash Denham, Fiona Hyslop revealed that Scottish Enterprise had invested £11.5m in 38 video game companies over the five years since 2011.
 
Commenting, SNP MSP Ash Denham said:
 
“Scotland’s video games sector has been booming, with just a handful of firms when the SNP came into office growing into more than a hundred now.
 
“This sector offers high quality jobs and exports around the world – with Rockstar North in particular a global brand. 
 
“Support from Scottish Enterprise has underpinned the growth in this sector as part of our wider efforts to grow domestic businesses and increase exports – with latest figures showing Scottish exports rising faster than the rest of the UK.
 
“To build on that success, it’s essential that Scotland remains in the world’s largest single market after Brexit.”
 
Question S5W-14898: Ash Denham, Edinburgh Eastern, Scottish National Party, Date Lodged: 26/02/2018

To ask the Scottish Government how much money Scottish Enterprise has invested in video games companies since 2008.

Answered by Fiona Hyslop (07/03/2018):
Over the past five years (2011-12 to 2016-17), Scottish Enterprise has invested over £11 million (£11.5 million) in 38 games companies. Just under half of this investment (£5.5 million) was through the Scottish Investment Bank and the remainder was largely split between innovation grants and regional selective assistance.
 
Total Number of Video Games Enterprises in Scotland

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
5 10 15 35 50 75 90 100 100 105

Source: Scottish Government Growth Sector Statistics Database
 
Tunrover and GVA for Video Game industry companies

Year 2010 2011 2012 2013 2014 2015
Turnover (£m) £38.1 £36.9 £57.2 £67.6 £93.5 £115.7
Gross Value Added (GVA) (£m) £28.2 £27.6 £44.2 £54.7 £80.8 £92.50

Source: Scottish Government Growth Sector Statistics Database

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