RBS Edinburgh becomes global innovation hub

12 March 2015

Last week RBS announced it is opening up its global Headquarters in Edinburgh to key Scottish business organisations and entrepreneurs to encourage entrepreneurialism and promote economic growth.

The bank is transforming its former ‘executive wing’ into a centre for entrepreneurs and innovation, to bring together Scotland’s enterprise ecosystem to share knowledge and expertise and encourage collaboration to support fledgling businesses.

Ross McEwan, Chief Executive of RBS, said: “It is not just start-up businesses that need to be innovative and forward thinking to thrive and grow, RBS needs to be as well. This marks a step change in how we can work with partners to support our local economy.”

ECCI partnered with RBS last year to roll out the first Innovation Gateway, a competition for green innovations that might help it improve resource efficiency (energy, water, waste) in its 2500 buildings.

As well as enabling the Bank to address its costs and environmental impact, the Innovation Gateway helps the SMEs, as it offers product trials on the RBS estate, gaining useful insights, data and case studies for the businesses and, ultimately, winning orders.

ECCI continues to work closely with the Bank on the development and future growth of the RBS Innovation Gateway, both in an advisory capacity and as technical experts on the product review panels.

And the RBS sustainability team also have a desk in ECCI’s Deutsche Post DHL Innovation Suite - a dynamic, shared workspace for public, private and third sector organisations.