Techscaler supports nearly 400 startups in first year of programme

Techscaler supports nearly 400 startups in first year of programme

The Scottish Government’s £42 million Techscaler programme has has assisted 387 start-ups during its inaugural year.

Touted as Europe’s most comprehensive support programme of its kind, Techscaler offers free mentoring and advice to early-stage businesses in the tech industry.

The Scottish Government has reaffirmed its commitment to stimulating innovation by announcing the opening of a seventh Techscaler hub in Dumfries within this financial year.

This new hub will complement the existing ones already operating across the nation, with an additional £15m in funding included in the 2023-24 Programme for Government to support entrepreneurs from diverse backgrounds.

First Minister Humza Yousaf visited the Techscaler hub in Stirling to meet start up business owners and learn more about the programme.

The First Minister said: “Growing businesses are fundamental to a thriving Scotland, and the Scottish Government I lead is committed to doing whatever we can to help businesses unleash the enormous economic potential of accelerating a fair, green and growing economy.

“That is why our Programme for Government is investing in the entrepreneurs of the future, building on the valuable work already taking place within Techscalers.

“Tech start-ups right across Scotland now have access to world-class education and mentoring and opportunities for peer learning and networking through the Techscalers – a hugely impressive programme which has made Scotland one of the most tech start-up friendly places in the world.

“We are taking action now, in partnership with business, to help stimulate sustainable and fair economic growth across Scotland.”

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