Scottish Liberal Democrat MSP Liam McArthur today called on SNP Ministers to use £10 million set aside for the Saltire Prize to support the marine renewables industry.
Speaking during topical questions at the Scottish Parliament, Mr McArthur argued for the money to be invested in the sector in light of recent job losses at a number of marine renewables firms.
During his response to Mr McArthur, SNP Minister Fergus Ewing accepted that the prize could not be won in its current form.
Speaking after leaving the Holyrood chamber, Liam McArthur MSP said:
"The SNP have £10 million sitting in the Saltire Prize bank account that could be used to support Scotland's marine renewables industry at a time where the future of many firms is in real doubt.
"The Minister accepted today that the prize cannot be won. It is time to accelerate the investment of this money to ensure the long term future of marine renewables in Scotland."