There are currently 195 employee-owned businesses (EOBs) operating in Scotland, according to new research commissioned by Co-operative Development Scotland (CDS), which is part of Scottish Enterprise. The research has given the clearest picture yet of Scotland’s EOBs and their economic contrib
Scottish Enterprise (SE) has unlocked more than £2 billion of private sector investment in early-stage companies operating in Scotland. Through its commercial investment activity, the economic development agency has invested more than £770 million to help unlock funding from private inve
Aberdeen-based biopharmaceutical company Elasmogen has secured an £8 million investment from BGF and the Scottish National Investment Bank, with additional support from existing investor Scottish Enterprise. The multi-million-pound investment will enable Aberdeen-based Elasmogen to continue de
Biotangents, an Edinburgh biotechnology business, has secured £2.2 million of new funding made up of £1.6m from the UK Government’s Innovate UK innovation loans programme and a further £600,000 from a funding round led by Kelvin Capital and Scottish Enterprise. The funding wi
University of Edinburgh startup OGI Bio has secured £1 million of investment to help revolutionise microbial culturing. TRICAPITAL led the investment round alongside Apollo Informal Investment, Old College Capital, the University of Edinburgh’s in-house venture investment fund, Sapphire
London-headquartered KultraLab, a behavioural science and technology company, will open a new hub in Edinburgh after it received more than £2 million investment from Kelvin Capital and Scottish Enterprise in a move that will create up to 25 jobs.
BGF has today completed a £1.6 million investment in Aiber, a Scottish med-tech firm, headquartered in Inverness. This completes a £2m fundraising round, with existing investors Scottish Enterprise and Equity Gap also participating.
A substantial boost for Scotland’s economy is expected after new figures showed thousands of jobs had been secured through inward investment in the past financial year. Scottish Development International (SDI) statistics revealed that more than 7,500 planned real living wage jobs had been gene
Michelin Scotland Innovation Parc (MSIP) has awarded Skillfluence, an experienced skills training provider, a major contract to continue the delivery of its successful MSIP Accelerator that will lead the charge for Scotland’s sustainable mobility and decarbonisation sectors. MSIP, a joint vent
Hundreds of delegates will gather in Edinburgh as an international event, the World Forum for Foreign Direct Investment (FDI), highlighting Scotland as a world-leading destination for investment and business location begins today.
Scottish Enterprise (SE) and Highlands and Islands Enterprise (HIE) have teamed up to help around 50 Scottish companies calculate the carbon savings of their innovative new products and services – so that they can meet the growing requirement to accurately forecast their environmental impact.
A new fund worth £5 million has been launched by Scottish Enterprise to help develop the emerging CO2 utilisation technology. The CO2 Utilisation Challenge Fund will help businesses and organisations develop and commercialise the technology, which involves harnessing and converting CO2 –
University of Edinburgh spin-out Kynos Therapeutics has secured a £9 million investment package led by Epidarex Capital, joined by IP Group and Scottish Enterprise. Kynos has also been awarded £2.5m through an Innovate UK grant to fund a first-time in human Phase 1 clinical trial of its