Economic data in early 2024 is showing that the economy is likely to be recovering hesitantly, as expected, following the contractions in growth in the final part of 2023, according to the Fraser of Allander Institute at the University of Strathclyde. In the Deloitte-sponsored Economic Commentary, t
University Of Strathclyde
A new programme to address the growth barriers faced by impact-oriented businesses has been launched. The Scottish Impact Investor Readiness Programme is being delivered by award-winning Strathclyde Business School, in partnership with the Scottish National Investment Bank (SNIB), and was developed
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.
A £1 million project has encouraged more than 100 small to medium sized enterprises across Scotland’s manufacturing industry to explore the potential of additive manufacturing (AM) techniques – industrial 3D printing – that could add value and open up new commercial opportun
Scotland’s renewable energy industry and its supply chain supported more than 42,000 jobs and generated over £10.1 billion of output in 2021, new figures released today show.
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
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
Scotland is witnessing a steady decline in entrepreneurial confidence, with a notable fall in youth entrepreneurship and a diminished interest in entrepreneurship as a career path, a new report has revealed. The survey for the Global Entrepreneurship Monitor 2022/23 report, carried out by rese
The National Manufacturing Institute Scotland (NMIS), operated by the University of Strathclyde, has today opened its new world-class, flagship facility at the heart of the Advanced Manufacturing Innovation District Scotland (AMIDS) in Renfrewshire with an aim to be a major stimulus for the country&
It has been announced that Dr Poonam Malik, head of investments at the University of Strathclyde will co-chair the New Deal for Business Group alongside wellbeing economy secretary Neil Gray. Involving businesses at an early stage of policy development will be one of the key aims of the group establ
Three Scottish startups have secured a share of £17,500 in the University of Strathclyde's entrepreneurial award funding, and two research teams have won £75,000 each for their Outstanding Business Idea Research Papers under the Stephen Young Entrepreneurship Awards.
Dxcover — a Glasgow-based company developing a blood test that can detect cancer at an early stage — has raised £9.7 million through a Series A investment round and grant funding. The £7.5m funding round was led by existing investors Eos Advisory LLP, Mercia Asset M
The latest findings from a Scottish business survey by the Scottish Chambers of Commerce (SCC) has revealed that Scottish businesses and the economy are faltering under increasing cost pressures and declining business confidence. As a result, cashflow and profits are falling, investment decisions ha
A series of recommendations have been published to further develop regional economies and help deliver Scotland’s economic transformation. The Regional Economic Policy Review, carried out by an expert advisory group, proposes further supporting the eight Regional Economic Partnerships (REPs) w
Revive Eco has raised a £375,000 investment led by Gabriel Investment Syndicate to commercialise its patent-pending process to recycle coffee grounds into a sustainable palm oil alternative. The Glasgow-based green tech startup was launched by co-founders Fergus Moore and Scott Kennedy in 2019