Scottish Enterprise

Scottish Enterprise has written off nearly £30 million in failed investments and recorded £106m from company sales in its most recent financial year. The agency, which provides loans, grants, and investments to businesses, recorded a total write-off of £29.9m from 111 companies for

The Medical Device Manufacturing Centre (MDMC), a consortium led by Heriot-Watt University in Scotland, has received a significant financial boost with an additional £3.35 million funding from Scottish Enterprise. This investment, announced by the Scottish Government’s Cabinet Secretary

Some 38 Scottish businesses with high-growth potential have received a much-needed £1.5 million in funding in the 22nd round of the Scottish EDGE awards.

Edinburgh-based Ingenious Audio has secured a six-figure funding package, with support from existing backers Kelvin Capital and Scottish Enterprise, to expand its operations into being a technology platform provider as well as a product company. The company's patented Wi-Fi Audio technology, known a

Scottish Enterprise (SE) has broken its own record in nurturing academic innovation, demonstrating significant fiscal progress through its High Growth Spinout Program (HGSP). During the 2022-23 financial year, SE bolstered 33 research teams with grants totalling £2.06 million. These teams, ste

Scottish enterprises are poised to receive a significant boost in innovation support and funding accessibility due to a new agreement between Scottish Enterprise and Innovate UK. The two agencies have entered into a landmark memorandum of understanding which aims to streamline the journey through th

Michelin Scotland Innovation Parc’s (MSIP) flagship £5 million Innovation Hub and Café has officially opened in Dundee this week.

Scotland's burgeoning biobased manufacturing industry is set to receive a significant boost with the introduction of the Launchpad programme, aimed at bolstering growth and innovation within the sector.

Scottish cleantech bioscience firm Penrhos Bio has successfully secured a further £3 million in capital through its Series A funding round. The raise comes from a consortium of investors including St Andrews-based firm Eos, New York branding partner Earthbound Brands LLC, and Scotland’s

Levenseat, a recycling and waste management firm, is set to generate 50 new jobs at its Lathallan facility in Polmont, close to Falkirk, following a nearly £1 million grant from Scottish Enterprise. The funding, part of the Low Carbon Manufacturing Challenge Fund, aids the site's refurbishment

Scottish biotech firm Beta Bugs Limited, specialising in insect genetics, has garnered a £1.72 million investment to bolster its production and supply of Black Soldier Fly eggs and larvae to the insect farming sector, as a sustainable alternative to current sources of protein for animal feed.

Edinburgh Napier University's (ENU) cyber project, LastingAsset, aimed at combatting phone-based impersonation and imposter scams, has recently secured £220,000 worth of funding support. Such scams have caused huge financial losses, privacy infringement and distress to victims globally.

Scottish clean tech software and data company Heero Technologies has clinched an investment worth £550,000 from The TRICAPITAL Syndicate, Scottish Enterprise, and Mint Ventures. The financial injection is intended to further develop and scale the business' energy efficiency application and web

Scottish workplace productivity startup Trickle has secured a £1 million investment led by Equity Gap, featuring contributions from Scottish Enterprise and London-based VC firm NoBa Capital. Trickle, led by founder and CEO Paul Reid, plans to grow its team, increase its presence in the private

Rivtide Power, a subsidiary of MWNW Consulting Ltd, has been awarded a £100,000 SMART: SCOTLAND feasibility study grant by Scottish Enterprise to further develop its tidal energy technology. The SMART: SCOTLAND feasibility grant is a Scottish Enterprise research and development grant that aims