Business Plan
Executive Summary
Since launching in 2020, the Scottish National Investment Bank has committed more than £1.2 billion into Scottish businesses and projects, while helping to mobilise a further £1.9 billion alongside its own investment.
The Business Plan for Financial Year 2026/27 marks an important milestone as the Bank enters its next phase of maturity. Building on strong foundations, the focus for the year ahead is accelerating economic growth, strengthening Scotland’s investment ecosystem and delivering greater long-term impact through mission-led investment.
This year’s plan sets out six strategic priorities that will guide investment, portfolio management, financial sustainability, reputation and organisational performance as the Bank works towards its ambitions for 2030.
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Business Plan Financial Year 2026-27
From our CEO’s Introduction
The Bank has reached an important milestone, building on its first five years with a clear focus on accelerating economic growth and delivering greater long-term impact for Scotland. While continuing to navigate a challenging economic environment, it will invest alongside the private sector to support businesses and projects that strengthen the country’s economy and investment ecosystem.
Over the coming year, the Bank will continue to improve its investment process, strengthen support for portfolio companies and deepen partnerships that unlock additional private capital. It will also broaden its innovation mission, respond to Scotland’s housing challenges, support the energy transition and lay the foundations for managing third-party capital in the future.
Strategic Priorities
Strategic themes
- Invest for value and impact
- Drive value from our portfolio
- Diversify our capital source
- Achieve financial sustainability
- Grow our reputation
- Enable a high-performance culture
These priorities provide the framework for delivering the Bank’s ambitions through to 2030, helping accelerate economic growth, attract commercial investment and strengthen Scotland’s long-term economic resilience.
Focus for the year
Supporting Scotland’s future economy
This year’s Business Plan focuses on delivering long-term value by:
- Investing £175–200 million of core capital during FY26/27
- Supporting Scotland’s housing and energy transition priorities
- Intention to launch the Scottish Universities Fund
- Strengthening portfolio management to maximise long-term impact
- Preparing to manage third-party capital
- Improving operational performance through continuous improvement and AI-enabled efficiencies.
Strategic highlights
Investing for value and impact
Continue investing in high-potential Scottish businesses and projects while supporting the Bank’s missions across Net Zero, Place and Innovation. The Bank will strengthen investment partnerships and continue to attract private sector investment alongside public capital.
Growing portfolio value
The Bank will further develop its portfolio management approach by helping investee businesses scale, attract follow-on investment and maximise long-term financial and societal value through active support and strategic capital recycling.
Diversifying capital
A major focus this year is expanding how investment is delivered through new funding structures, including launching the Scottish Universities Fund, progressing housing investment and preparing the Bank to manage third-party capital in future.
Building financial sustainability
The Bank continues its journey towards becoming a financially sustainable public finance institution by improving forecasting, strengthening financial planning and developing a long-term perpetual funding model.
Strengthening Scotland’s investment ecosystem
The Bank will deepen relationships with investors, government, industry and partners to help unlock new investment opportunities while sharing insight and building confidence in Scotland’s investment landscape.
Enabling a high-performance culture
Investment in people, leadership, continuous improvement and technology will support delivery of the Business Plan, helping colleagues work more effectively while embracing innovation, including the responsible use of AI.
Looking ahead
Five years after its establishment, the Scottish National Investment Bank is focused on turning early momentum into long-term impact.
The priorities set out in this Business Plan will help strengthen the Bank’s investment capability, support a growing and increasingly diverse portfolio, and deepen collaboration across Scotland’s investment ecosystem. Alongside this, work will continue towards creating a sustainable funding model that enables capital to be recycled and reinvested for future generations.
By investing with purpose and catalysing private investment, the Bank will continue to play a leading role in helping build a more innovative, productive and resilient Scottish economy.