News
Business leaders elected to Royal Society of Edinburgh
The Royal Society of Edinburgh (RSE) has announced its new cohort of fellows, including several from Scotland’s business community.
Fellows are elected to Scotland’s national academy for exceptional achievements and acumen in the world of science, mathematics, business and the arts.
Source: Business Insider
Edinburgh and south east Scotland innovation action plan unveiled
A new action plan, which puts business growth and innovation at the forefront, has been launched.
Developed by Innovate UK, Edinburgh and South East Scotland City Region, and Scottish Enterprise, the proposals aim for a resilient and investment-attractive economy by leveraging regional capabilities.
Source: Business Insider
India and Scotland ramp up regional approach to business ties
An Indian – Scotland Business Meet was hosted in Edinburgh 3rd – 6th March and started with an event at Edinburgh City Chambers aimed at fostering business ties between India and Scotland in renewable energy, life sciences, IT and innovation, and whisky.
Source: The Scotsman
Scotland can be the “engine room of UK growth”
The Secretary of State for Scotland, the Rt Hon Ian Murray, told an audience at the University of Edinburgh’s Informatics Forum on Friday morning that Scotland can be “the engine room of UK growth”.
Source: The Edinburgh Reporter
Scottish National Investment Bank: A catalyst for positive change
With an ambition to be transformative and provide development capital to Scottish firms engage in three core pillars – the drive to net zero, tackling place-based inequality, and supporting innovation – the Scottish National Investment Bank (SNIB) set out its stall to before an audience of delegates from across the business spectrum in Glasgow today.
Source: The Herald
Scottish biotech company secures £3.4 million
Scottish biotech engineering company uFraction8 has secured £3.4m in new investment, following the completion of a funding round led by Foresight Group.
Based in Falkirk with a fully-owned subsidiary in Poland, uFraction8’s microfiltration technology is designed to optimise cell and biomass production, offering an energy-efficient alternative to traditional methods used in the production of food, feed and bio-based products.
Source: Business Insider
Angel syndicate Tricapital's record year provides backing for 500 Scottish jobs
A Scottish business angel syndicate has helped to create and secure more than 500 jobs thanks to its record investment programme.
Tricapital Angels has completed 18 deals over the past 12 months, with its high-net-worth members pumping more than £3.5 million of their own money into some of the country’s most innovative companies.
Source: The Scotsman
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