Business

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Four firms from Tayside and Fife have won a share of over £400,000 in funding to use in development of projects using 5G technology. The Tay5G challenge fund is a collaborative initiative under the Tay Cities Region Deal, in partnership with the Scotland 5G Centre and industry stakeholders.

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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

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Scottish hospitality tech startup Stampede has reported strong growth over the last 12-18 months as its headcount has risen to 17 and has secured key contracts with businesses such as The Kitchin Group, Best Western Hotels, and Park Row in London. Julie Grieve, founder and CEO of Criton, has al

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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

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Mackie's of Scotland has scooped up a 37% increase in export sales for its luxury ice cream during the last financial year. The family-run business saw its highest ever international sales in 2022/23 with export revenue hitting £2.8 million, up from £2.05m in 2021/22.

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The Royal Bank of Scotland's latest PMI survey recorded almost no change in business activity across Scotland's private sector for August 2023. The Scotland Business Activity Index slipped from 51.1 in July to an exact 50.0, ending six months of growth. In addition to this, new orders across both th

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Livingston-based prosthetic technology specialist, Össur, has secured a £400,000 research and development grant from Scottish Enterprise, as part of a £2 million project aimed at advancing upper limb prosthetic technologies. The funding will primarily support the development of part

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Scottish independent pharmacy chain Davidsons Chemists has revealed its plans for five new branches acquired from Lloyds in a seven-figure deal supported by Thorntons. The business now owns 56 pharmacies including the five new acquisitions. Two are located in Dundee, and one each in Kirriemuir, Mont

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Aberdeen's Jamieson & Carry, an independent, family-owned jewellery business founded in 1733, has unveiled the next phase of its multi-million-pound expansion plans at its Union Street store. A planning application to combine the existing store at 142 Union Street with the neighbouring building

151-165 of 1563 Articles