Who We Are | ONE

We develop and deliver projects to accelerate regional economic growth and diversification. We help businesses to develop and grow at home and internationally, working in partnership across the public and private sector.

Through ONE, the private sector is shaping the economic ambition of north east Scotland. The ONE main board and sector boards have more than 90 members drawn from the region's business community, its two universities and colleges, and regional and national partners who come together to inspire new thinking and innovative ideas. The focus is on action and delivery with targets set for each of the industry sectors to build on regional opportunities and contribute to national economic goals:

• Lead the development and delivery of transformational projects to strengthen and diversify the economy.
• Maximise oil and gas recovery alongside fast development of energy transition to enhance the north east of Scotland's economy into a global energy centre.
• Grow the food, drink, agriculture and seafood sector by 5% per annum to achieve the Scotland Food & Drink Ambition 2030 target of doubling the industry turnover.
• Double the number of companies in the life sciences cluster by 2027.
• Lead energy transition, double supply chain exports and grow supply chain turnover to 50% from energy transition markets by 2035
• Increase business and leisure visitor expenditure from £600 million to £1 billion per annum by 2023 by investing in growth markets with targeted marketing and product development.
• Grow 10 to 20 digital companies with a turnover of circa £20 million and international aspirations by 2028, by developing the tech startup ecosystem and focusing on industrial digital.
• Enhance the entrepreneurial environment to enable business growth across the key sectors and at all stages of the entrepreneurial journey.

We focus our activity on five themes across the sectors:

• Transformational leadership and action
• Accelerating business growth
• Digital catalyst and action
• Internationalisation and market development
• Strategic partnership working

ONE has a 10-year £62 million funding commitment from The Wood Foundation and uses its resources to secure match funding to deliver new projects. To date, ONE has committed £14 million to projects and secured £42 million from partners.