Why invest in Shetland?

We have a strong entrepreneurial culture in Shetland and we are keen to work with potential investors to realise new opportunities for economic growth across the islands.

Shetland boasts a diverse regional economy; one characterised by centuries old traditions evolving towards sustainable and emerging technologies. From a bountiful and sustainably-managed marine larder, to renewables and an energy sector that is only just beginning to explore the Atlantic margin west of Shetland, the islands are home to a range of high-tech industries.

There’s also an inspiring array of artisan food and drink producers, adventure tourism businesses and a growing visitor economy, as well as an established community of craft-based enterprises and a thriving cultural scene, famed throughout the world.

Are you looking to invest?

The Highland and Islands Enterprise team in Shetland can talk through your business plan and the financial needs of your business, as well as what Shetland has to offer you.

If you are an investor and want to find out more about investment opportunities in Shetland and what advice and support is available, please contact Vicky Grant, HIE’s Regional Head of Inward Investment on vicky.grant@hient.co.uk or call +44 (0)3000 135 085.

If you are interested in setting up a business in Shetland, or wish to move your existing business to Shetland, please contact the Business Gateway service. This provides free advice and support to any new or existing business in any sector.

Shetland’s workforce

Shetland has a motivated, educated and highly skilled workforce and Shetlanders are renowned for their strong work ethic and “can-do” attitude.

School leavers overwhelmingly go into positive destinations such as employment, training and higher and further education. The University of the Highlands and Islands and other providers deliver a range of courses from degrees to modern apprenticeships, helping employers to continually develop and upskill their workforce.

Transport connections

Shetland is well connected to the Scottish mainland via its ferry and air links. Aberdeen, Scotland’s oil capital is only an hour’s flight away.

As a net exporter of seafood, Shetland has sophisticated and experienced logistics and transport services on the islands, which have extensive links to key logistics hubs in the north and central belt of Scotland. Passenger and freight ferries depart seven nights a week and there are regular freight services. For full details go to the Northlink Ferries website.

Shetland has extensive air links, with airline operator, Loganair providing up to 15 scheduled flights a day to Aberdeen, Bergen, Edinburgh, Glasgow, Inverness, Kirkwall and Manchester from Sumburgh airport.

The airline also has code-sharing agreements with British Airways, Qatar and Emirates airlines giving people and businesses access to a wider range of markets.

Business support

Inward investors and businesses can gain access to a range of business advice and support from Shetland Islands Council, Highlands and Islands Enterprise and Skills Development Scotland. The development agencies work closely together to help investors achieve their plans.

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