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Untitled - The Edinburgh Chamber of Commerce

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new BIDs at West End and Grassmarket should be supported, with their significant<br />

ability to advance <strong>Edinburgh</strong>‟s retail and tourism sectors.<br />

<strong>The</strong> police must continue to work with business groups to provide a safe, crime free<br />

working environment.<br />

Broadband<br />

.<br />

<strong>Edinburgh</strong> <strong>Chamber</strong> <strong>of</strong> <strong>Commerce</strong> seeks a step-change<br />

in the introduction <strong>of</strong> superfast broadband. We call on<br />

the Scottish Government to recognise the reality <strong>of</strong> what<br />

is happening elsewhere in the world. For example<br />

South Korea is currently upgrading from 100Mb to 1 GB<br />

nationally, whilst our ambitions for improvement are<br />

only aiming to deliver half their existing capacity.<br />

Global competivity is dependant in our geographically marginal position on the best<br />

possible connections, digitally as well as through transport.<br />

Section 4: <strong>The</strong> Engines <strong>of</strong> Growth<br />

<strong>Edinburgh</strong> is a centre for innovative businesses capable <strong>of</strong> generating economic<br />

growth and prosperity for Scotland. This section highlights some <strong>of</strong> the most dynamic<br />

sectors, the challenges they face, and how government can facilitate their<br />

development.<br />

Biotech<br />

With four universities contributing learning and ideas, and a range <strong>of</strong> existing science<br />

parks home to dozens <strong>of</strong> spin-out companies there exists a strong basis for<br />

<strong>Edinburgh</strong> as a world centre for Life Sciences.<br />

<strong>The</strong> continued output <strong>of</strong> quality graduates in appropriate disciplines is needed to staff<br />

this growth, and effective private sector co-operation with universities in funding and<br />

managing spin-out companies.<br />

Early stage innovation support remains important from a government perspective.<br />

It is particularly important that the infrastructure necessary to support the South East<br />

quadrant in general and Little France Bioscience hub in particular is in place.<br />

Tourism<br />

Scottish tourism generates 10.4% <strong>of</strong> Scotland‟s GDP<br />

(£11.1 billion) and sustains 270,000 jobs. However, it<br />

needs recognition and support from the UK and Scottish<br />

Governments. <strong>The</strong> highest levels <strong>of</strong> VAT in Europe and<br />

Air Passenger Duty that adds almost £300 to the cost <strong>of</strong><br />

Page 15 <strong>of</strong> 19

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