News

Edinburgh-based bioinformatics company, Fios Genomics (Fios), which helps pharmaceutical and biotech companies to analyse the large amounts of data generated during drug development, has announced a strategic partnership with one of the world’s largest contract research organisations, Charles River Laboratories, (Charles River).

Med-tech firm EnMovi has selected Glasgow as the location to advance its development of cutting-edge orthopaedic sensors and data analytics after receiving a £2.5m research and development (R&D) grant from Scottish Enterprise.

SHE Software is investing £4milllion in a cutting-edge health and safety technology project supported by a Scottish Enterprise Research and Development grant of £1.4million that will also support the East Kilbride company’s global growth and create 15 new jobs.

• Over £2bn of private sector investment planned or already underway
• £235m Growth Deal initiative could see 6,000 new jobs created
• Local businesses encouraged to embrace local opportunities and back Growth Deal

First Minister Nicola Sturgeon launched a £6 million Low Carbon Challenge Fund to support SMEs to grasp opportunities around climate change.

The Scottish Enterprise administered fund will be open to public, third sector and academic institutions working to create opportunities to advance the low carbon capabilities of SMEs within Scotland.

You & Mr Jones, the global brandtech group founded by former Havas chief executive David Jones, has invested in ethical video startup Good-Loop. The Edinburgh-based firm today announced it has closed a US $1.6m seed funding round.

An Aberdeen-based company which specialises in the supply and refurbishment of industrial drill bits has become Scotland’s latest employee-owned business, with all members of staff becoming owners.

FinTech Scotland has confirmed that the number of innovative fintech SMEs based in Scotland has grown by over 60% from 72 to 119 over the last twelve months.

Edinburgh-based biotech startup MiAlgae has received an investment of £1 million to focus on the commercialisation of its revolutionary microalgae product, targeting the rapidly growing global aquaculture and pet food industries.

Scotland is set for another bumper year of foreign direct investment (FDI) after Scottish Development International (SDI) revealed figures that showed the country’s attractiveness to business remains strong.

A £39,000 Regional Selective Assistance (RSA) grant from Scottish Enterprise will help to realise the three-year growth plan being rolled out by Brechin-based 3D-printing specialist Angus 3D Solutions.

Beeks Financial Cloud Group Plc (Beeks), the Glasgow-based leading cloud computing and connectivity provider for financial markets, is pleased to announce it has received a Scottish Enterprise R&D grant to invest in its Network Automation project.