Twelve innovative young companies have successfully completed Michelin Scotland Innovation Parc’s (MSIP) latest accelerator programme, committed to amplifying sustainable innovation and decarbonisation solutions. Part funded by Scottish Enterprise and delivered by Skillfluence, the MSIP Accele
Scottish Enterprise
Innovate UK has opened Round 2 of its Launchpad funding programme, offering support packages ranging from £25,000 to £1 million to businesses in Scotland's burgeoning bio-based manufacturing sector. A total investment of up to £5.25m is being channelled into the Launchpad for Scotl
Invizius, an Edinburgh-based biotech company pioneering treatments for dialysis patients, has secured £950,000 in funding. The funding round was led by Mercia Ventures and supported by Calculus Capital, Syensqo, the University of Edinburgh's Old College Capital, and Scottish Enterprise.
Clean heat technology company Exergy3 has announced the successful closure of a £1 million pre-seed funding round for its novel ultra-high temperature thermal energy storage system. The round was led by Zero Carbon Capital with participation from existing investors Old College Capital and Scot
HonuWorx, a Scottish underwater robotics company, has received a seven-figure investment to advance its plans to transform operations in the energy and security sectors. The Aberdeen-based firm plans to dramatically slash costs and emissions for offshore repair and inspection work through its f
Scottish Enterprise delivered record performance during the last fiscal year, having working with over 1,300 companies, aiding with growth and contributing significantly to the country's economic transformation. The national economic development agency secured over 16,700 new and safeguarded jobs, i
HALO Invest, a wholly owned subsidiary of Sydney-headquartered fintech firm HALO Technologies, has announced its intention to set up a new operations and development centre in Glasgow and create more than 60 jobs over the next two years. Douglas Boyce, formerly of Interactive Investor and FNZ, has b
Metacarpal – a startup behind what is thought to be the world’s first mechanical bionic hand – has secured £800,000 in seed funding to accelerate its prosthetics development and improve the lives of amputees. Investors in this funding round included SIS Ventures, Scottish Ent
Green Bioactives (GBL), an Edinburgh-based firm dedicated to the discovery, development and sustainable production of high value plant-based products, has been awarded a £100,000 Scottish Enterprise SMART grant. This prestigious grant will fund a project aimed at producing a biomanufacturing p
Edinburgh-based golf technology company, Shot Scope, has secured $8.5 million (c. £6.6m) in a Series B funding round. Led by Guinness Ventures, the funding will fuel Shot Scope's global expansion, allowing the company to offer its subscription-free, performance-enhancing technology such as GPS
Scottish Enterprise has announced a new support programme for businesses ready to undertake capital investment but looking to develop leaders, change business processes as well as improve digital systems to maximise impact. Workplace Transformation Support will see grants of between £15,000 to
Scottish Enterprise is investing £8 million in the construction of the University of Dundee's Life Sciences Innovation Hub, a new £40m facility set to open next year. Adrian Gillespie, chief executive of Scottish Enterprise, and Deputy First Minister Kate Forbes are set to announce the &
West Dunbartonshire's Vale of Leven is set to benefit from 195 new jobs, thanks to new inward investor Innova Nanojet Technologies Ltd choosing to locate its first manufacturing facility in Scotland.
Scottish Enterprise has launched a £35 million Manufacturing Property Challenge Programme for prospective developers of manufacturing property to create one million sq ft of new industrial space to increase innovation and Scotland’s attractiveness to inward investors. The initial phase w
Michelin Scotland Innovation Parc (MSIP) has reported significant economic impact within its first three years of operation. The Dundee-based hub, a joint venture between Michelin, Dundee City Council, and Scottish Enterprise, has fostered substantial growth, with the MSIP Accelerator Programme cont