News

• Filament STAC aims to jumpstart Scotland’s Internet of Things (IoT) sector headed by global industry leaders from tech powerhouses including Dyson, Wistron, BlackBerry and Plexus Corp
• 18-month scale-up programme will select 10 companies in each cohort and is positioned to create a world-class tech ecosystem in Scotland with key ingredients required for IoT companies to succeed
• 3-year targets for Filament STAC: more than 25 IoT companies supporting 750 jobs; total revenue of £750m; raising investment in excess of £100m
• Accelerator programme commences at Skypark in Glasgow in October, underpinned by industry-government partnership
• Filament STAC CEO Paul Wilson: “We have great talent here in Scotland which we export incredibly well to leading global tech companies. We evidently do less well in producing international Scottish tech companies of scale.  Filament STAC will address this by developing highly ambitious Scottish IoT companies that will be ready to go out and compete on the global stage.”
• Linda Hanna, interim CEO at Scottish Enterprise, said: “I am delighted to see this first Smart Things Accelerator Centre launched as it’s vital that Scottish manufacturers embrace IoT to scale up, internationalise and also use the opportunities from ‘smart things’ to improve connectivity, capability, monitoring and data, not least to help drive our green economic recovery.”

The Scottish Government is providing up to £1.1 million through two new decarbonisation challenge funds in a partnership approach with Scottish Enterprise, facilitating the process through the Can Do Innovation Challenge framework and competition.

Satellite-enabled connectivity start-up, R3-IoT is gearing up for international expansion after closing a £3.1million ($4.3m) seed investment round led by US-based VC Space Capital, joined by the Scottish National Investment Bank.

Two decades of delivering global economic opportunities for Scotland 

Young entrepreneurs have a chance to secure up to £15,000 grant funding in Scottish EDGE Round 18.

Digital events to give companies an international export boost

Economic development agency to put net zero at heart of its activities and support more companies like North British Distillery that is making a 134-year whisky distilling process more sustainable – well worth raising a glass to.

Scottish Enterprise, today (22 June 2021), announced the appointment of Adrian Gillespie as its new Chief Executive.

Scottish fintech company Aveni has secured an investment of £1.1 million to launch a ground-breaking Artificial Intelligence (AI) platform which is leading the way in a new era for speech analytics in business.

Research shows that employee-owned businesses approach to fair work demonstrates financial and social resilience despite the impact of the Covid-19 pandemic.

More than 150 jobs to be created in Livingston