Skip to main content
BBC NEWS / GLASGOW, LANARKSHIRE AND WEST
Graphics VersionBBC Sport Home
News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East | South Asia | UK | Business | Health | Science & Environment | Technology | Entertainment | Also in the news | Have Your Say |
UK Contents:  England | Northern Ireland | Scotland | Wales | UK Politics | Education | Magazine

10:52 GMT, Tuesday, 4 November 2008

Software grant for computing firm

IBM sign

The computing giant IBM has been given a £1m research and development (R&D) grant by the Scottish Government.

The cash, delivered through Scottish Enterprise, will be used to develop cutting-edge software at the firm's site in Greenock, Inverclyde.

Enterprise Minister Jim Mather said R&D could help the Scottish economy weather problems caused by a global downturn.

IBM has a 57-year association with Scotland and employs almost 2,000 staff at the factory in Greenock.

Announcing the grant award, Mr Mather said: "Every extra pound spent in Scotland's economy could protect a job or save a business in the current climate.

"Scotland has real strengths in innovative research and development and the general R&D grant encourages investment in new ventures, which at this present time will help to position Scotland for a faster and stronger recovery."



E-mail this to a friend
Related to this story:
Cost-cutters boost IBM's results (18 Jul 08 |  Business )
IBM aims to cool chips with water (06 Jun 08 |  Technology )
IBM profits surge despite economy (16 Apr 08 |  Business )
IBM announces $15bn share buyback (26 Feb 08 |  Business )
IBM transfers computer jobs (07 Jan 03 |  Scotland )

RELATED INTERNET LINKS
IBM
Scottish Government
Scottish Enterprise
The BBC is not responsible for the content of external internet sites



SEARCH BBC NEWS: 

News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East | South Asia | UK | Business | Health | Science & Environment | Technology | Entertainment | Also in the news | Have Your Say |
UK Contents:  England | Northern Ireland | Scotland | Wales | UK Politics | Education | Magazine

NewsWatch | Notes | Contact us | About BBC News | Profiles | History

^ Back to top | BBC Sport Home | BBC Homepage | Contact us | Help | ©