Scotland’s First Minister Targets CA Fortune 500 in American Push For Investment

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Over 70 leading California-based companies, including all Fortune 500 companies in the state, are being targeted as part of a new campaign to attract inward investment to Scotland.

The country’s leader, First Minister Alex Salmond, has personally written to top executives at leading companies which have been identified by Scottish Development International as potential investors in advance of his visit to the US on a trade mission. In his letter, which is part of a wider SDI campaign to encourage some of the world’s most successful companies to consider setting up operations in Scotland, the First Minister highlights the benefits of choosing Scotland over any other nation.

The First Minister will be reinforcing the message that Scotland is ready to do business during his four-day visit to California. He stresses in his letter that Scotland – with its highly-skilled workforce and a cost-competitive business location – is a land of opportunity. He will be speaking at San Francisco’s Commonwealth Club today.

The First Minister said in a recent announcement this week: “Scotland is already an economic success story and we make no apologies for going after new business at every opportunity. We perform better economically than everywhere else in the UK bar the southeast of England and that brings major business opportunities.  “Scottish Development International’s campaign is backed by a number of companies already investing in Scotland such as Pfizer and Amazon and the message is absolutely clear. “Scotland is a land of major opportunity and it is open for business. We have a long and impressive track record in life sciences, sciences, technology and creative industries developing an environment where ingenuity and innovation can create jobs and wealth for Scotland.

“Even without our offshore oil and gas reserves, Scotland has the highest GDP in the UK outside London and southeast England. “We have five universities in the world’s top 200, we rank first in the world in research productivity per unit of GDP and second in the world in research impact. “Business operating costs for key functions can be almost a third lower here.  “This campaign will also send the message directly to the heart of US business community with print and online advertising running in The Wall Street Journal, San Francisco Business Times, New York Times and San Francisco Chronicle.”

 

Renee Blodgett
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Renee Blodgett is the founder of We Blog the World. The site combines the magic of an online culture and travel magazine with a global blog network and has contributors from every continent in the world. Having lived in 10 countries and explored nearly 80, she is an avid traveler, and a lover, observer and participant in cultural diversity.

She is also the CEO and founder of Magic Sauce Media, a new media services consultancy focused on viral marketing, social media, branding, events and PR. For over 20 years, she has helped companies from 12 countries get traction in the market. Known for her global and organic approach to product and corporate launches, Renee practices what she pitches and as an active user of social media, she helps clients navigate digital waters from around the world. Renee has been blogging for over 16 years and regularly writes on her personal blog Down the Avenue, Huffington Post, BlogHer, We Blog the World and other sites. She was ranked #12 Social Media Influencer by Forbes Magazine and is listed as a new media influencer and game changer on various sites and books on the new media revolution. In 2013, she was listed as the 6th most influential woman in social media by Forbes Magazine on a Top 20 List.

Her passion for art, storytelling and photography led to the launch of Magic Sauce Photography, which is a visual extension of her writing, the result of which has led to producing six photo books: Galapagos Islands, London, South Africa, Rome, Urbanization and Ecuador.

Renee is also the co-founder of Traveling Geeks, an initiative that brings entrepreneurs, thought leaders, bloggers, creators, curators and influencers to other countries to share and learn from peers, governments, corporations, and the general public in order to educate, share, evaluate, and promote innovative technologies.
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