The number of growing companies and the companies with real desire to grow within Scotland is quite a small percentage of the overall marketplace. Our priority is to focus on these companies that want to grow.

One of the things that the evidence suggested is that smaller companies are capable of growing faster. So our key target market is growth companies that are capable of increasing their sales by at least £1 million over three years.

We are trying to establish whether there is any role for us to play in helping them to move onto the next level and become a real company of scale with turnover in excess of £100m. Historically, the public sector has not been involved in these companies because of our doubts about whether we could add value. But now there is a growing belief that we can.