Heriot-Watt University plans £35m brewing and distilling centre in Scotland
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- Developments
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- Repetition
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New informationRepeats or wire copies
What happened
Heriot-Watt University plans to build a new International Centre for Brewing and Distilling (ICBD) in Scotland, costing £35 million. The centre is intended to accelerate innovation and support the brewing and distilling sector. The university is seeking £9.7 million in public investment and £25.3 million from industry.
Why it matters
The project is expected to have a total economic impact of £324.8 million within a decade, potentially supporting 1,570 jobs in Scotland. The existing centre already contributes £240.1 million of Gross Value Added to the economy. The centre aims to help the industry address challenges like reducing water use and reaching net zero by 2040.
Who's involved
- Heriot-Watt UniversityPlans the new International Centre for Brewing and Distilling.
- ScotlandThe location where the centre will be built and where the economic impact is measured.
- Scottish GovernmentPotentially involved in allocating public investment to support regional growth.
- Scottish Funding CouncilA public body that distributes funding to universities.
- NatureScotA government agency relevant to the centre's focus on low-carbon technologies and water use.
- University of EdinburghA public university in the region.
- Scottish ParliamentThe devolved parliament that oversees the region.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Scottish GovernmentSpeculative
Might allocate public investment to support regional economic growth.
- Scottish Funding CouncilSpeculative
Could be involved in allocating public investment for the new centre.
- Scottish ParliamentSpeculative
Could require legislative oversight and approval for the centre's economic impact and public funding.
Keep exploring
The entities involved
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Heriot-Watt University
university in Edinburgh, Scotland, UK
Nothing else this week.
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Scotland
country in north-west Europe, part of the United Kingdom