Described as a “vote of confidence” in Scotland, Scottish Enterprise and Highlands and Islands Enterprise (HIE) have signed a memorandum of understanding (MoU) with the world’s largest shipbuilding company, committing each other to pursue opportunities for floating offshore wind pr
Scottish Enterprise
The appointment of Scottish Enterprise’s interim chair Willie Mackie has been extended for him to continue in the role until 31 December 2024. This will ensure continuity while a further appointment round is run for a chair to succeed Lord Smith, who stood down in July 2022. The job descriptio
Glasgow-based care sector staffing provider and technology platform Staffscanner has announced it is tripling in size following a grant award of almost £1 million from Scottish Enterprise. The firm has developed an innovative platform and recruitment solution for care homes and health boa
Bio-based businesses in Scotland will soon have access to a vital new infrastructure that will enable them to scale up their products. Through Scottish Enterprise, the Scottish Government has announced an £847,000 investment to support the purchase and installation of a 300-litre fermenter at
E-learning specialist ITZA has secured £2 million of R&D grant and equity funding from Scottish Enterprise, Alba Equity, and private investors to grow a digital learning, production and AI analytics hub in Scotland to accelerate independent learning for young people in the 10-16 age range
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.
Glasgow-based technology company Kingdom Technologies has secured £1.4 million in its latest round of funding to fuel the expansion of its innovative fleet of robotic lawn mowers.
Edinburgh-based green energy integrators, Logan Energy, has successfully secured a substantial £5 million investment to advance its systems-led approach within the burgeoning hydrogen power sector. Logan Energy, with manufacturing facilities in Wallyford and development facilities at Heriot-Wa
A funding package has been agreed to secure an estimated £350 million in inward investment for a major energy industry expansion in the Highlands. Sumitomo Electric UK Power Cables Ltd (SEUK), a subsidiary of Japanese company Sumitomo Electric Industries Ltd (SEI) is planning to establish
Watt Laser has completed a £433,000 project to expand its business within the Clyde Gateway Tradepark in Glasgow, with £128,000 grant support from Scottish Enterprise.
Ava Innes, an Elgin-based luxury bedding company, is celebrating the successful completion of its first investment round, with significant contributions from Kelvin Capital and Scottish Enterprise. The injection of capital represents a pivotal moment for the company as it strives to redefine the sta
Scottish start-up business Trademylux Limited has secured a £300,000 investment from TRICAPITAL Angels Limited and Scottish Enterprise as it launches the first in a series of luxury goods resale platforms. Trading as sellmyartworks.com, the first venture will focus on the art resales market an
Scottish biopharmaceutical firm Aurum Biosciences has successfully raised nearly £730,000 in the initial phase of its latest equity funding for advancing its state-of-the-art therapeutic and diagnostic technology. The funding round – which will be split across two tranches – has be
The British Business Bank has made its first major deal from the £150 million Investment Fund for Scotland, with a £750,000 equity investment, through appointed fund managers Maven Capital Partners into medical technology business Carcinotech. Edinburgh-based Carcinotech has raised &poun
London & Partners, the business agency for the UK capital, has announced the launch of the Grow Global programme in two new regions outside of London – Scotland and the West Midlands. The year-long programme is designed to help scale-up businesses in these regions grow their international