Highland-based Caley Timber and Building Supplies has laid the foundations for further success and guaranteed the future of more than 20 jobs with a switch to employee ownership. Caley Timber and Building Supplies was established by Donald John Morrison in 2003, and with depots in Inverness and Uist
Business
A new initiative has been launched to support young entrepreneurs in Scotland who are thinking of setting-up companies with a social or environmental purpose. The Inclusive Business Models Project draws together case studies from a variety of Scottish business leaders who have chosen to divert from
Glasgow-based fintech Guiide has appointed Michael Power, former CEO of Delta Financial Systems Ltd, as its new non-executive chairman. Having previously founded, grown, and scaled up Delta Financial Systems from a startup to its sale in 2020 to ASX-listed Bravura Solutions, Mr Power's expertise in
Aberdeen-headquartered developer and operator of environmental technology solutions SEM has announced the appointment of Adrian Morley as its new chief financial officer (CFO), as the business is poised for significant global growth. Adrian Morley will play a critical role in ensuring that the busin
FinTech Scotland, the cluster management body, has announced a new strategic partnership with NCR Corporation, a leading enterprise technology provider to further advance innovation for financial institutions. The partnership builds on NCR’s strong innovation track record as a software and ser
With more than two weeks remaining in its first equity crowdfunding campaign, Matugga Distillery has passed its ambitious fundraising target of £300,000. The UK’s first Black female-owned distillery has welcomed more than 200 new shareholders who have bought into the company’s plan
The abrdn Charitable Foundation (aCF) and UNESCO have today announced a three-year partnership to promote environmental sustainability through research and education with the goal of developing innovative solutions to environmental problems. As the first financial services company to enter into a pa
Aberdeen renewable marine and subsea equipment firm, W3G Marine, has introduced a new cost-saving and highly effective tool for the offshore energy market, after securing a £450,000 funding deal with Royal Bank of Scotland. With funding of £450,000, W3G Marine has successfully commercial
Clyde Munro has acquired Maybole Dental Practice, a busy predominantly-NHS four surgery practice with more than 9500 patients, for an undisclosed sum. Its owner David Logan joined the practice after graduating in 1993 from The University of Glasgow and worked as an associate for his father who bough
East Kilbride-based FreeFlow Technologies (FFT), which has developed a light power to weight e-Bike motor, is moving into production following the completion of a £1.65 million funding round led by investment syndicate Kelvin Capital. The new investment will accelerate the production of units
Craig Alexander Rattray, a Glasgow-based growth strategist and cash expert, is launching a new initiative to help SME owners take better control of their businesses. A part-time finance director to many ambitious growing companies, the former venture capitalist and corporate financier has spent more
The first-ever Unlocking Ambition Community Showcase has been held in Glasgow to celebrate the achievements of alumni from one of Scotland’s flagship business growth and leadership programmes, delivered by Scottish Enterprise.
Plans to develop a new timber manufacturing and processing facility in Forres, Moray, have secured up to £279,000 Green Jobs Fund investment from Highlands and Islands Enterprise (HIE). The funding was announced on Friday by Richard Lochhead, minister for just transition, employment and fair w
The Cumberland Building Society has announced a six-figure investment to support the acquisition of a guest house and cake school in Perthshire, Scotland.
CodeClan, Scotland’s national digital skills academy, has partnered with Baillie Gifford to launch CodeClan Youth Academy, an 8-week programme based in Edinburgh and sponsored by the investment manager that includes a 4-week coding bootcamp at CodeClan, followed by a 4-week paid internship at