Confidence amongst Scottish businesses is expected to hold steady for the next six months, with many in a ‘wait-and-see’ mode as they look to the upcoming budgets for clarity on the economic direction of both Scotland and the UK, according to the Fraser of Allander Institute. The indepen
University Of Strathclyde
Glasgow-based tech company PropEco, which provides an innovative technology platform that can assess the long-term value and viability of property, has secured seed funding of £275,000. The capital injection will be used to accelerate PropEco’s mission to empower property professionals,
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
Women are starting and running new businesses at virtually the same rate as men for the first time, while one in five entrepreneurs are non-white, according to new analysis of entrepreneurship activity in Scotland. The Global Entrepreneurship Monitor (GEM) report found 8.6% of working-age women were
Glasgow’s first venture studio dedicated to developing innovation-driven enterprises has been launched by the Glasgow City Innovation District (GCID).
More than 3,000 full-time equivalent (FTE) jobs could be supported and £300 million generated for the wider UK economy through the establishment of a CO2 transport and storage (T&S) sector in Scotland linked to the deployment of carbon capture utilisation and storage (CCUS). The findings,
Glasgow City Region’s manufacturing sector is poised for a significant uplift, courtesy of a £14 million 'levelling up' injection into three pioneering research and development (R&D) initiatives.
Economic data in early 2024 is showing that the economy is likely to be recovering hesitantly, as expected, following the contractions in growth in the final part of 2023, according to the Fraser of Allander Institute at the University of Strathclyde. In the Deloitte-sponsored Economic Commentary, t
A new programme to address the growth barriers faced by impact-oriented businesses has been launched. The Scottish Impact Investor Readiness Programme is being delivered by award-winning Strathclyde Business School, in partnership with the Scottish National Investment Bank (SNIB), and was developed
A Scottish company has secured investor backing worth £1.3 million for its unique recycled plastic construction blocks. QUICKBLOCK’S construction blocks are shipped flat packed on pallets for rapid assembly in the defence, security, humanitarian aid and commercial markets.
A £1 million project has encouraged more than 100 small to medium sized enterprises across Scotland’s manufacturing industry to explore the potential of additive manufacturing (AM) techniques – industrial 3D printing – that could add value and open up new commercial opportun
Scotland’s renewable energy industry and its supply chain supported more than 42,000 jobs and generated over £10.1 billion of output in 2021, new figures released today show.
Scottish scaleup Krucial, which utilises space technology to provide digital solutions, has secured further funding of more than $3.7 million (£3m) as it continues to expand into international markets. The investment was led by existing investor the Scottish National Investment Bank, joined by
Glasgow-based medical start-up Microplate Dx has successfully closed a £2.5 million seed funding round to accelerate the development of its point-of-care diagnostic platform. The technology aims to combat antimicrobial resistance (AMR) by quickly identifying the most effective antibiotics for
Scotland is witnessing a steady decline in entrepreneurial confidence, with a notable fall in youth entrepreneurship and a diminished interest in entrepreneurship as a career path, a new report has revealed. The survey for the Global Entrepreneurship Monitor 2022/23 report, carried out by rese