The programme, partly funded by Scottish Enterprise and implemented by Skillfluence, seeks to support Scotland’s drive to reach Net-Zero carbon emissions.

The chosen businesses for this fourth cohort are at the forefront of innovative solutions. Their areas of expertise include sustainable mobility technology, climate action, sustainable manufacturing, wind power, energy efficiency, and net zero biotechnologies.

Notably the selected companies will have the opportunity to be the early adopters of MSIP’s newly inaugurated Innovation Labs and the forthcoming Innovation Hub.

The companies that have been selected include:

• Other Way Climate Limited: Accelerating climate action in every journey and every vehicle.
• Donaa Ltd: Donaa delivers a powerful AI tool to detect defects in real-time during 3D printing, enabling manufacturers to save costs and protect the environment.
• BOABER by Innovate Rural: Boaber is an on-demand boat travel booking app using the power of AI to keep it live and current.
• BioBright: Elevating Interiors with Algae Elegance - Enhancing Spaces, Oxygenating Lives, and Nurturing the Planet.
• Copper & Carbon Ltd: IRIS- A powerful wind turbine which can speed up the NetZero ambition by controlling the wind flow, yielding better at low wind and operating beyond cutoff range.
• Redbarn Group Ltd t/as ‘Veritherm’: Decarbonising buildings and empowering sustainability by making measurement mainstream.
• Recarbox: The Garage innovation that fits into any common car parking space and makes electric driving and safe parking accessible to anyone.
• Well Spent Ltd: Upcycling Brewers Spent Grain into Healthy, Sustainable Snacks.
• HydroTrux (Greenway Fuels): Drive CH2ange - Co-Combustion H2 kits made for fleets NOW!

Sarah Petrie, innovation director at Michelin Scotland Innovation Parc, said: “I’m so pleased to see the start of our fourth MSIP accelerator programme.

“The purpose of the MSIP accelerator programme is to help companies grow. The 31 companies that have participated to date have demonstrated some astounding progress.

“In the past 18 months alone, MSIP accelerator companies closed equity investments totalling £1.08m and sales have increased by over £2m in the same period. Twenty of these companies have also received innovation grants to the value of £1.47m, and several have been recognised for their ground-breaking products and businesses.

“To have 10 new ambitious companies to work with and continue that level of impact, is incredibly exciting.”

Alison Gray, founder and director of Skillfluence Ltd, said: “We’re excited to collaborate with the Michelin Scotland Innovation Parc team to support this remarkable cohort of founders.

“They’re creating businesses poised to significantly benefit the world. Given the pressing climate challenges, their efforts, alongside MSIP’s, have gained unparalleled significance and we look forward to working with them to accelerate their impact.”

Suzanne Sosna, director of economic opportunities and climate at Scottish Enterprise, said: “Green energy is a key sector of the future and, with sustainable mobility in particular being a crucial element, there are huge opportunities for innovative companies.

“It is fantastic to see the calibre of innovators we have coming forward in the accelerator and really exciting to help them develop the ideas that will tackle the climate challenge.

“Supporting businesses to develop in this space is vital to ensuring we maximise their potential and the part they will play in a successful greener Scottish economy.”