Zero Waste Scotland welcomed the £70m boost to develop and grow the circular economy in Scotland as one part of a package of measures to boost manufacturing.

Zero Waste Scotland will benefit from more than £70 million of investment, which will enable companies to capture new opportunities presented by a move to a more circular economy across a range of sectors, including manufacturing.

“The Circular Economy Investment Fund and Circular Economy Service will offer vital support to manufacturers that are seeking to develop processes and products that improve the economic performance of SMEs while at the same time reducing the impact of economic activity on the natural environment, in line with Scottish Government and EU policies,” said John Swinney, deputy first minister.

The Circular Economy Investment Fund and Service are to be delivered by Zero Waste Scotland and Scottish Enterprise; it will help SMEs and other organisations develop innovative technologies, business models and infrastructure.