Dozens of projects given millions in investment
Shetland Times
More than £1.3 million was given to Shetland businesses through Highlands and Islands Enterprise (HIE) over the last year, according to its area manager.
Across the 2022-23 financial year, 39 projects received a share of £1.39 million of funding approved by HIE.
Ness Engineering received £86,625 to enable the company to provide more sustainable and environmentally friendly services for its clients, including green welfare units and generators for large-scale projects.
The Shetland Oyster Company received almost £25,000 towards costs of its depuration and despatch centre, a key step in getting the company market ready.
HIE’s Shetland manager Katrina Wiseman said the organisation had “broadened” its reach to more smaller and remote communities.
She added: “This has given us the chance to build new relationships and enhance our understanding of the unique ambitions and challenges of these organisations.”
Bill Henderson
Erm… £1.3 million divided among 39 projects amounts to …. sweety money. Averages £33k each company. Yes, sufficient for a new take-away perhaps, but nothing like sufficient for a new way to do business.