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
University Of Strathclyde
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
The National Manufacturing Institute Scotland (NMIS), operated by the University of Strathclyde, has today opened its new world-class, flagship facility at the heart of the Advanced Manufacturing Innovation District Scotland (AMIDS) in Renfrewshire with an aim to be a major stimulus for the country&
It has been announced that Dr Poonam Malik, head of investments at the University of Strathclyde will co-chair the New Deal for Business Group alongside wellbeing economy secretary Neil Gray. Involving businesses at an early stage of policy development will be one of the key aims of the group establ
Three Scottish startups have secured a share of £17,500 in the University of Strathclyde's entrepreneurial award funding, and two research teams have won £75,000 each for their Outstanding Business Idea Research Papers under the Stephen Young Entrepreneurship Awards.
Dxcover — a Glasgow-based company developing a blood test that can detect cancer at an early stage — has raised £9.7 million through a Series A investment round and grant funding. The £7.5m funding round was led by existing investors Eos Advisory LLP, Mercia Asset M
The latest findings from a Scottish business survey by the Scottish Chambers of Commerce (SCC) has revealed that Scottish businesses and the economy are faltering under increasing cost pressures and declining business confidence. As a result, cashflow and profits are falling, investment decisions ha
A series of recommendations have been published to further develop regional economies and help deliver Scotland’s economic transformation. The Regional Economic Policy Review, carried out by an expert advisory group, proposes further supporting the eight Regional Economic Partnerships (REPs) w
Revive Eco has raised a £375,000 investment led by Gabriel Investment Syndicate to commercialise its patent-pending process to recycle coffee grounds into a sustainable palm oil alternative. The Glasgow-based green tech startup was launched by co-founders Fergus Moore and Scott Kennedy in 2019
Fitabeo Therapeutics has ‘spun-out’ from the University of Strathclyde with ambitious plans to address some of society’s most pressing healthcare challenges within chronic pain and women’s health. The firm has also announced the appointment of accomplished pharmaceutical exec
Eureka Solutions has established a Graduate Apprenticeship (GA) partnership with University of Strathclyde aiming to create the foundations for the company’s next generation of leaders. The business management software company, Eureka Solutions, has taken on two new GAs who will combine workpl
ReviveEco, a food waste management company founded by University of Strathclyde alumni, has smashed its crowdfunding target, raising £240,000. The company embarked on the exercise through crowdcube, with the aim of raising £150,000 in three weeks. THe firm it reached this target within f
A competition hosted by the University of Strathclyde's entrepreneurship programme had students and alumni's start-ups stake their claims for funding.
Scotland’s economic growth forecast for 2023 has been revised down due to the impacts of cost increases on consumers and businesses, and the likelihood that these will persist for longer than previously thought, according to the latest quarterly Economic Commentary from the Fraser of Allander
Rostra Therapeutics, a life sciences company spinning out of the University of Strathclyde, has secured £80,000 in grant funding after winning the 2022 Scottish EDGE pitch competition for businesses. Hundreds of high calibre applications were received by Scottish EDGE, the UK’s biggest f