Archangels has recorded another active year of support, leading investment of £14.8 million in Scottish start-up and early-stage companies in the tech and life sciences sectors. The syndicate directly invested £8.2m across the year (2018: £10.9m) and was the lead investor on a tota
Scottish Enterprise
The 40 businesses participating in the First Minister’s flagship entrepreneurial development programme Unlocking Ambition have raised a total of £6.5 million since its launch, with the majority gained from external funding. Launched in July 2018, the £4m Unlocking Ambition two-year
Edinburgh-based Current Health has closed a £9 million ($11.5m) Series A funding round led by MMC Ventures and Legal & General. Par Equity and the Scottish Investment Bank, the investment arm of Scottish Enterprise also participated in this funding round.
The Scottish Aquaculture Innovation Centre (SAIC) has received a £10 million five-year funding package from the Scottish Funding Council, Scottish Enterprise and Highlands and Islands Enterprise (HIE).
Steve Dunlop, Scottish Enterprise chief executive, and David Sole OBE, managing partner at School for CEOs, have joined tech investor Mark Logan as the first male ambassadors to be part of the Women’s Enterprise Scotland male ambassador programme. After delivering the Equality and Diversity in
Tayport-based food processing equipment manager Foodmek has obtained a £500,000 loan from Scottish Loan Scheme (SLS) to help activate its growth plan. The company has said that it aims to use the loan from the SLS, which is administered by the Scottish Investment Bank, the investment
Economy secretary Derek Mackay has written to businesses to urge them to prepare for the consequences of Brexit, and inform them of the support available from the Scottish Government. Writing ahead of a visit to the Scottish Enterprise (SE) Prepare for Brexit control hub in Clydebank by ministe
Royal Bank of Scotland (RBS) and Women’s Enterprise Scotland are to host an investment day for female entrepreneurs at Gogarburn Conference Centre.
Chartered accountants Wylie & Bisset is urging small and medium-sized enterprises (SMEs) to consider what practical steps they can take now to make their business practices more environmentally sustainable to give them a competitive advantage ahead of the introduction of the proposed Circular Ec
Strathclyde-based Ping Network Solutions Ltd is one of the first companies in Scotland to benefit from £335,000 Regional Selective Assistance (RSA) grant support from Scottish Enterprise, contingent on fair work practices. The company is a systems integrator and an independent Cisco Gold Partn
The Scottish Government has announced that Scottish and Japanese companies will receive £9 million from a joint fund to work together on innovative subsea technology.
Kelvin Capital has led a £2m funding round for biotech business ProFactor Pharma to accelerate its work in developing a treatment for Haemophilia A. Kelvin Capital led the funding round, supported by Ingenza Ltd and the Scottish Investment Bank, the investment arm of Scottish Enterprise.
A group of 16 Scotland-based entrepreneurial leaders will travel to the USA next week to take part in a programme at Boston’s Babson College, the world’s number-one ranked school of entrepreneurship. The visit, which will take place from October 1-8 is facilitated by Unlocking Ambition a
After securing £1.5m in funding from Scottish Enterprise, healthcare tech company Care Sourcer is due to create 70 new jobs. The Edinburgh-based company has previously raised £8.5 million from Legal & General and ADV to help the company develop technology "to tackle the UK's care cri
A new manufacturing district in Renfrewshire which will create thousands of new jobs for the sector took a step closer yesterday as work started on site. Finance secretary Derek Mackay, Scottish Enterprise chief executive Steve Dunlop and Renfrewshire’s Provost Lorraine Cameron joined by Inchi