Edinburgh-based B2B software as a service (SaaS) learning and training management software provider Administrate Limited has completed a £3.05 million funding round. A £1m investment was provided by the Investment Fund for Scotland (IFS), Equity Finance, managed by Maven Capital Partners
British Business Bank
The Wee Gym in Dunfermline has been acquired by personal trainer Rachael Low with funding support from the British Business Bank's Start Up Loans programme and DSL Business Finance. The 27-year-old, who previously rented space in The Wee Gym, has acquired the business from its former owner, who was
A husband-and-wife duo from Glasgow have launched a first-of-its-kind sustainable accessory and apparel range designed exclusively for DJs, producers, and audiophiles, following a funding boost from the British Business Bank. The business, called MXER, has been set up by Christopher and Nicola Rober
Founder Barrie Clarke and Roy MacGregor, a volunteer and member at Kintore Golf Club A 53-year-old self-taught golfer is hoping to share his newfound passion for the sport with other golf novices in an accessible, beginner-friendly format with the launch of a new business venture, Big Golf Tou
Scotland’s higher education institutions have a richly deserved reputation as being global leaders in research, writes Susan Nightingale. In fact, St Andrews is the English-speaking world’s third oldest university and regularly features among the UK’s top-performing academic establ
Entrepreneurship in Scotland is gaining traction among both young and older generations, writes Susan Nightingale, highlighting the support available and the diverse success stories within the start-up ecosystem. The Scottish school curriculum currently sees children as young as five years old takin
Highland Hilly Huts, a small hospitality operator based in Drumnadrochit near Loch Ness, has received funding through the British Business Bank’s Investment Fund for Scotland to expand its offering.
A Glasgow-based beauty treatments clinic, The Aesthetics Club, has secured a £250,000 loan from the Investment Fund for Scotland (IFS), via appointed fund manager The FSE Group. The loan will enable the opening of two new clinics located in Glasgow and Edinburgh, expanding services and creatin
Scotland accounted for almost one-fifth of all UK equity deals involving university spinouts in 2023, according to new figures from the British Business Bank. Published today, the Bank’s annual Small Business Equity Tracker also places two of Scotland’s universities among the UK’s
The British Business Bank has launched the growth guarantee scheme to help smaller businesses in Scotland access finance for investment and growth. The scheme, which replaces the recovery loan scheme, is expected to support around 11,000 businesses until March 2026. Further details have been publish
A husband-and-wife team from Aberdeen, Campbell and Luci Carey, have launched Inglaze, a business which helps owners of older homes and buildings keep out draughts and prevent heat loss from single-glazed windows. With support from the British Business Bank's Start Up Loans programme, they secu
A Coatbridge textile maker has turned a lockdown hobby he picked up from watching TikTok videos into a successful business and full-time career, as his custom tattoo-art rugs prove a big hit with customers in the United States.
The British Business Bank’s Investment Fund for Scotland has agreed £5 million of deals to support the growth of small businesses, just six months since the fund was launched to improve access to finance and provide a boost to the Scottish economy. The milestone comes as five new debt fu
Film and photography start-up OJE Studios is expanding its headcount and relocating operations to Edinburgh after a funding boost from the British Business Bank’s Start Up Loans scheme. Founded by 19-year-old Omar Etherington-Brown, the studio offers a range of services including film and musi
Mark Sterritt, director at the British Business Bank, discusses the organisation's £150 million Investment Fund for Scotland, and its aim to provide financing options for small businesses and entrepreneurs across Scotland in an effort to address regional imbalances in access to capital. A