News

Scottish biotechnology centre achieves 300 member milestone ahead of major event
Scotland’s Industrial Biotechnology Innovation Centre (IBioIC) has seen its membership surge to more than 300 after welcoming around 100 new members to its network in 2024.
Industry leaders said the growth reflected the health of Scotland’s bio-economy, with start-ups Vaste and Seastex recently joining IBioIC and helping to push its network past the milestone figure.
Source: The Scotsman

Supporting women-led businesses is an ‘economic imperative’ – Forbes
Supporting women-led businesses is an “economic imperative”, Kate Forbes is expected to say in speech in Edinburgh today.
The Deputy First Minister is addressing a Pathways Pledge event – a gathering of organisations signed up to tech entrepreneur Ana Stewart’s Pathways Forward initiative, which aims to help remove barriers facing women in enterprise.
Source: Business Insider

New Scottish EDGE Awards to Help Drive Economic Change
Applications for round 25 of Scottish EDGE Awards will be accepted until the 27th February. The live final is scheduled for 9th May.
Scottish EDGE, the business funding competition, has joined forces with Techscaler and Scottish Enterprise to help drive economic change in Scotland with the introduction of two new awards.
Source: DIGIT

New stats prove Scotland punching above its weight with 1,663 tech start-ups
Scotland has bucked the trend as technology company incorporations jumped 5 per cent last year, despite a similar slowdown at the UK level, new figures have revealed.
The data shows a total of 1,663 new tech businesses were incorporated in Scotland in 2024, up from 1,553 the previous year.
Source: The Scotsman

Unleashing start-up talent
A package of measures to help entrepreneurs start and grow their businesses will be delivered next year with funding in the draft Scottish Budget 2025/26. As part of £15 million investment, at least £4 million will be invested to expand the number of women entrepreneurs by providing tailored support at the earliest stages of business creation.

New multi-million government funding to make Scotland world-leading start-up hub
The Scottish Government has announced a series of measures to unleash start-up talent and bridge the gender gap in the entrepreneurial sector.
As part of the £15m allocated to the start-up economy in the draft Scottish Budget 2025/26, £4m will be invested in encouraging female entrepreneurs.
Source: Holyrood

Call to ‘turn up the dial’ as Edinburgh University unveils record-breaking stats
Edinburgh University’s commercialisation arm has unveiled record-breaking annual results including the launch of 127 companies.
The latest report also shows that Edinburgh Innovations filed 140 patents during the financial year 2023/24, while £141 million was invested into university-associated companies.
Source: The Scotsman

Midlothian showcased in Commercial Properties Monthly
Midlothian is featured in the November issue of Commercial Properties Monthly, showcasing everything that makes it a great, green place to grow your business.

Cream of Scotland's dealmaking community celebrated at inaugural awards in Edinburgh
Scotland's finest corporate financiers, accountants, bankers, funders, lawyers and mergers and acquisitions professionals have been celebrated at the Scotland Dealmakers Awards in Edinburgh.
The Dealmaker of the Year was Kerry Sharp at Scottish Enterprise whose team invested £52 million into more than 100 companies over the year, leveraging in additional funding of £152m from private sector investors.
Source: Business Insider

Midlothian Strategy for Inclusive Economic Growth 2025-2030 approved
Councillors have approved the Midlothian Strategy for Inclusive Economic Growth 2025-2030, a comprehensive plan aimed at fostering a wellbeing economy that supports local residents, communities and businesses.