News
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
Life story of 'beloved' PG Tips tea-drinking chimp revealed
The life story of the “beloved” chimpanzee star of a series of PG Tips adverts in the 1970s has been revealed in a new study.
Choppers, a Western Chimpanzee, played Grandmother Ada Lott in the well-known advertisements when she was still a juvenile.
Source: STV
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
TRICAPITAL Angels leads £2.1 million investment into Scottish insect genetics firm Beta Bugs
Pioneering Scottish business Beta Bugs has secured a multimillion-pound investment as it looks to become a global leader in insect genetics.
TRICAPITAL Angels led a £1.7 million investment into the business in 2023 – and has now followed up with a fresh £2.1 million cash injection alongside Scottish Enterprise.
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
Project to restore 'vital' seagrass around Scotland
A £2.4m seagrass planting programme has been launched to help restore the plant in seas around the north of Scotland.
The project aims to plant 14 hectares (34.6 acres) of seagrass, often described as a "wonder plant" by conservationists, over the next three years.
Source: BBC
£10M Investment in New Space Facilities in Scotland
New space facilities will be constructed at the UK Astronomy Technology Centre (UK ATC) to facilitate a major European Space Agency (ESA) mission in Scotland
The laboratory, funded by the UK Government’s investments in ESA, will be used to assemble the optical benches for the Laser Interferometer Space Antenna (LISA) mission.
Source: DIGIT
Renewables training scheme targets ex-military
Partnership with the Ministry of Defence’s Enhanced Learning Credits Scheme aims to fill skills gap.
The Energy Training Academy (ETA) is stepping up its bid to close the renewables skills gap by offering Scotland’s first direct route to becoming a low carbon heating engineer.
Source: Business Insider
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