Income generated by Scottish Enterprise’s equity and debt investments exceeded £50 million during the last financial year, new figures show. Seven trade exits contributed to income totalling £56m in FY2020/21, as did a partial realisation of the economic development agency’s
Scottish Enterprise
Aberdeen-based Sentinel Subsea, specialists in passive well integrity monitoring, has secured a six-figure investment from Alba Equity and Scottish Enterprise as it continues to develop its proven game-changing technology for the monitoring of subsea wells. Founded in 2018, Sentinel Subsea has devel
Scottish Enterprise has today welcomed the official opening of Barclays new campus in Tradeston, Glasgow. First Minister Nicola Sturgeon formally opened the 500,000 sq. ft. site, which will house Barclays' Technology, Operations and Functions Teams.
British rocket company Skyrora has agreed a multi-launch deal with the SaxaVord spaceport on Unst, the most northerly of the Shetland Islands, as it moves closer to launching its XL rocket in 2022.
Scottish Enterprise has today unveiled the impact of its support to entrepreneurs participating in its flagship business growth and leadership programme, Unlocking Ambition. Since the programme launched in 2018, it has so far helped 107 entrepreneurs from 79 companies across Scotland to generate &po
Glenmorangie today opens the doors to its ground-breaking innovation distillery, positioning its delicious single malt Scotch whisky at the industry’s leading edge. Demand for Glenmorangie continues to grow in line with the increased global appetite for exceptional whiskies. And with this mult
Eight companies, each focused on alternative energy options to achieve net-zero, have been awarded funding as part of Michelin Scotland Innovation Parc’s (MSIP) first Innovation Challenge. MSIP, a joint venture between Michelin, Dundee City Council and Scottish Enterprise, is a world-class Inn
AccelerateHER and Scottish Enterprise are partnering to increase support for female-led companies to maximise their global growth potential. This partnership supports Scottish Enterprise’s continuing commitment to gender equality and adds to its existing initiatives to help disruptive, sustain
Scottish Enterprise has today announced unprecedented support for businesses after investing over £568 million in Scotland’s economy in 2020/21. The record level of funding ensured the country’s national economic development agency supported more firms than ever before, resulting i
Work has commenced on a £4.5 million development that aims to attract high-profile businesses to the Ravenscraig regeneration site. A ceremony to mark the continuation of construction works was attended by Kate Forbes MSP, the cabinet secretary for finance and the economy; Cllr
A new medicines manufacturing innovation centre that will solve major pharmaceutical industry challenges and accelerate access to affordable medicines has topped out this week.
Trojan Energy, the clean energy company, has secured a late seed round investment of £2.2 million to roll out its unique, flat-and-flush on-street EV (electric vehicle) charging hubs and develop further commercial applications of its technology. The round was led by Scottish angel investors Eq
The Alcoholic Water Company Ltd has secured a six-figure investment from Scotmid Coop and Scottish Enterprise. Launched in 2019, the company is a collaboration between Craig Strachan and Hannah Fisher, the founders of Glasgow-based innovation facility the Start-Up Drinks Lab and Drew Shannon an
Glasgow-based connectivity start-up R3-IoT is gearing up for international expansion after closing a £3.1 million seed investment round led by US-based venture capital firm Space Capital, joined by the Scottish National Investment Bank. Other investors include the University of Strathclyde, al
Glasgow-based business angel syndicate Gabriel Investments is searching for more investors after switching from university ownership to being led and owned by its members. Established in 2012, the syndicate has been boosted by support from the University of Strathclyde through its start-up incubator