Business

Edinburgh-based Wearable tech startup UNA Watch has secured over £300,000 from SFC Capital. This investment will fuel the development of UNA Watch's innovative, repairable modular GPS sports watch, designed to challenge industry giants like Apple and Garmin.

A Lanarkshire quality compliance expert has started her own quality assurance business after she received specialist start-up support from Business Gateway. After being made redundant from her role as a director of Quality Compliance at Phillips, Alexis Williams decided to use her 30 years of experi

A husband-and-wife whose furniture company went into liquidation owing customers almost £100,000 have both been banned as company directors. George and Williamina Hay were directors of DWH Trading Ltd, which sold adjustable beds and chairs, mostly to elderly and vulnerable customers, from thei

Scotland’s development agency for the Highlands and Islands has published a report on its latest survey of more than a thousand businesses across the region. Highlands and Islands Enterprise (HIE) commissioned the survey in partnership with South of Scotland Enterprise (SOSE).

Equity investment levels in Scotland’s smaller businesses grew in 2024, bouncing back from a challenging 2023, according to new research from the British Business Bank. The Bank’s Small Business Finance Markets 2024/25 report found that during the first three quarters of 2024 the investm

Scottish business confidence has experienced a significant uplift, rising 11 points to 53% in February, according to the Bank of Scotland's latest Business Barometer. While companies in Scotland reported lower confidence in their own business prospects month-on-month, down three points at 50%, their

Scotland has secured over £850 million in investment over the past four months, driven by strong interest in its burgeoning energy transition sector. The total is boosted today by the Scottish National Investment Bank’s (SNIB) announcement of £6.7m for Subsea Micropiles, which is d

Businesses behind Scotland’s most emblematic exports have secured £42 million in UK Export Finance (UKEF) deals since the summer, facilitating international expansion. Enabling companies such as Ferguson Whisky and manufacturer of fire and rescue vehicles Emergency One, which the governm

Scotland’s focused global trading strategy is producing tangible results, Business Minister Richard Lochhead has told an audience of Scottish exporters. The Scottish Government’s sector-specific export plans target action on areas of strength, such as renewable energy, technology, life s

Bee Happy Breaks Scotland Ltd – a Perthshire self-catering accommodation business – has secured a £48,000 funding boost from the British Business Bank’s Investment Fund for Scotland to increase its capacity and cater for more overnight guests. Run by Joyce and Alan Jamieson,

Scottish businesses are grappling with a surge in overdue invoices, reaching a three-year high in January, according to new research from R3. The insolvency and restructuring trade body's analysis of data provided by Creditsafe shows that businesses in Scotland had a total of 611,754 overdue invoice

A project to increase the amount of luxury self-catering accommodation available on the island of Great Cumbrae in the Firth of Clyde has secured up to £95,452 investment from Highlands and Islands Enterprise (HIE). Jack’s Alt Stays Ltd was launched in 2022 and currently has five cabins

A sea salt producer on the Isle of Skye is expanding to increase production and create more jobs. The Isle of Skye Sea Salt Company has secured up to £5,690 from Highlands and Islands Enterprise (HIE) towards total project costs of £14,230.

A growing number of mid-sized Scottish businesses are at risk of becoming "zombie" companies, according to research by BDO. Rising costs and challenging economic conditions are squeezing growth, with 13.5% of these firms now considered vulnerable – an increase of 0.8 percentage points versus t

Too many small and medium enterprises across Scotland are putting their futures at risk by not pursuing all money owed to them, a disputes lawyer has warned. John Bett believes that myths surrounding the legal avenues available to secure outstanding debts put off many smaller business owners from ta