Michelin Scotland Innovation Parc (MSIP) has announced OTG Ltd as the latest company to locate to the business park. MSIP, a joint venture between Michelin, Dundee City Council and Scottish Enterprise, a new initiative in Dundee for sustainable mobility and decarbonisation, which aims to drive growt
Scottish Enterprise
Dumfries-based Smart Green Shipping, a systems design and engineering company, aims to lead global shipping’s green transition through a unique industry collaboration with Malin, Drax and the shipping sector with targets to reduce greenhouse gas and fuel costs by at least 20% via high tech sa
Scottish Enterprise has launched a free online 'Net Zero Accelerator' tool to support more businesses to develop net zero plans and further the economic development agency’s commitment to embedding sustainability across its work. The new tool helps businesses by making recommendations across f
Burges Salmon has advised Cytomos Limited on its £1.6 million funding from a trio of investors to progress the development and qualification of its novel cell analysis platform, Cytomos Dielectric Spectroscopy (CDS).The fundraising was led by existing investor Archangels with participation fro
Scottish businesses have been attracting substantial equity investment in the last year as venture capital and angel investor's interest in the region grows. Based on data from Beauhurst, the research looks at the performance of the Scottish equity investment market and compares with the other natio
Glasgow-based tech start-up Gigged.AI has been awarded a £100,000 SMART: SCOTLAND grant by Scottish Enterprise to develop its digital talent sourcing platform. The company uses artificial intelligence-driven technology to match businesses with internal talent and external freelancers by creati
Advertising tech firm Blis has announced plans to expand in Scotland after being awarded a £1.4 million grant from Scottish Enterprise. The company will establish an R&D Centre in Scotland, enhancing the skills base of the country’s already vibrant digital sector. The move will deliv
Following its launch last year, the Smart Things Accelerator Centre (STAC) is scaling up having secured a strategic partnership with Scottish Enterprise that will deliver additional services and support to Scotland’s first Internet of Things (IoT) accelerator programme. Additionally, 13 new co
Edinburgh-based PhysioMedics has secured equity and grant funding totalling £1.5 million from Archangels, Scottish Enterprise and Innovate UK to allow it to accelerate its commercial growth and product roadmap, including expanding into European and Indian markets. The investment follows the ap
Cytomos, an Edinburgh-based life science company that has developed a proprietary new approach to analysing cells, has secured £1.6 million funding to progress the development and qualification of its novel cell analysis platform, Cytomos Dielectric Spectroscopy (CDS). The fundraising round by
Glasgow-based online retailer of men’s wet shaving and grooming items, The Executive Shaving Company, has moved into employee ownership with all staff taking a stake in the business.
Family-run Brewster Brothers has secured more than £450,000 grant funding from Scottish Enterprise to create 22 new green jobs as part of its ambitious expansion plans. The sustainable resource management company, which recycles 99% of all construction, demolition and excavation (CDE) waste it
The Scottish Government will provide capital investment of £581 million to support the economy over the next four years through its enterprise agencies and the Scottish National Investment Bank (SNIB). In the Resource Spending Review published yesterday and covering the period from 2023/24 to
There are currently 195 employee-owned businesses (EOBs) operating in Scotland, according to new research commissioned by Co-operative Development Scotland (CDS), which is part of Scottish Enterprise. The research has given the clearest picture yet of Scotland’s EOBs and their economic contrib
Scottish Enterprise (SE) has unlocked more than £2 billion of private sector investment in early-stage companies operating in Scotland. Through its commercial investment activity, the economic development agency has invested more than £770 million to help unlock funding from private inve