Investment Minister is encouraging business to
grasp the opportunities of the 2026 Commonwealth Games in
Glasgow.
At the State of the City Economy Conference later today, Mr
Arthur will say that Glasgow can showcase international
leadership when it hosts the event.
Commonwealth Games Scotland has estimated more than £150 million
will be generated for the region's economy. Ministers hope that
this will provide a long-term legacy similar to that created by
the 2014 Games, which the city hosted.
Mr Arthur will also outline details of a Social Entrepreneurship
Centre in Possilpark, funding for which was announced in this
week's draft Budget, and highlight additional funding for Clyde
Gateway in the East End of Glasgow. The Centre will provide
entrepreneurs with support to grow their businesses, including
training in marketing, finance and business planning.
Mr Arthur said:
“The Games will showcase Glasgow and provide Scotland with an
opportunity to enhance its reputation as an innovative and
inventive nation. We have much to offer as a host for world class
events and I know that businesses in Glasgow will grasp the
opportunities that the Games present.
“To help communities prosper, we are investing in a new centre in
Possilpark to support the next generation of entrepreneurs in
Glasgow and supporting Clyde Gateway to regenerate the city's
East End. A range of measures were announced in this week's draft
Budget to grow Scotland's economy, including a £214 million
investment in Scotland's City and Region Growth Deals.”
Background
The State of the City Economy Conference is Glasgow City
Council's principal economic event, bringing together senior
representatives from government, commerce, academic institutions
and voluntary organisations to focus on Glasgow's economy and to
look forward to the next 12 months.
