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Latest SPRUCE Investment in Scotland - Queen Street, Glasgow

The Scottish Government has recently announced the latest SPRUCE investment in Scotland - a £9.6m loan to transform an empty building in the city centre of Glasgow into high quality retail and office space which will support more than 30 jobs and apprenticeships in the construction sector, and accommodate up to 1,200 workers.

The project, which is being developed and built by BAM, follows on from a recent research report published by Ryden which identified a demand in Glasgow for new office space to enable it to compete more effectively with other large UK cities, and to attract international companies to Scotland.

The SPRUCE fund has a total of £48m to invest by December 2015. ESEP and fund managers Amber are keen to identify and develop similar projects throughout the 13 eligible Local Authority areas.

The fund is capitalised with resources from Scottish Government and the European Regional Development Fund.

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featured case study

European Funds Management Project

ESEP provided a rapid response training service to the European Commission Delegation in Turkey, developing and delivering an intensive 2-day programme in Structural Funds Management.

ESEP is a UK-based specialist manager of EU regional development funding programmes. Originally set up as a partnership between the Scottish Government, public sector agencies and NGOs, we have been involved in the management of four consecutive EU programming periods since 1994.

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  • May 2014

    ESEP has been selected to provide support to State Labour Inspectorate and the Ministry of Labour and Social Policy to improve the effectiveness and efficiency of the fight against undeclared work in Macedonia.

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  • January 2014

    ESEP has been successfully appointed to provide support to the Croatian Ministry of Maritime Affairs, Transport and Infrastructure – Directorate of Transport Infrastructure in the management of the Transport Operating Programme.

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  • November 2013

    In October 2013 ESEP Ltd organised a study visit to Scotland and Northern Ireland for senior officials of the Ministry of Local Government Administration, Ministry of European Integration and CBC management structures of Kosovo as part of the Technical Assistance for Cross Border Cooperation Programme project.

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