News

Semiconductor manufacturer Diodes Incorporated has received a £13.7m funding package from Scottish Enterprise towards a £47m project enabling its future growth in Greenock, it was announced by First Minister Nicola Sturgeon today.

The 40 businesses participating in the First Minister’s flagship entrepreneurial development programme Unlocking Ambition have raised a total of £6.5m since its launch, new figures have revealed – with the majority gained from external funding.

Plans to regenerate Longannet, the site of Scotland’s last coal-fuelled power station have been given the go ahead.

Award-winning Scottish sensors company Novosound has raised £3.3 million from a consortium of investors, including the Scottish Investment Bank (SIB).

Current Health, which offers the leading FDA-cleared, artificial intelligence (AI)-powered patient management platform, today announced it has closed a £9 million series A funding round led by MMC Ventures.

Cyan Forensics – the Edinburgh-based start-up whose technology helps police investigators to find evidence faster – has secured a further £1.3m from a consortium of investors.

The AI & Blockchain Accelerator, at the University of Edinburgh’s world-leading Bayes Centre, calls start-ups and entrepreneurs to apply for the 2020 programme. Applications can be submitted online (www.wayra.co.uk) from 3^rd December to 15^th January.

Scotland’s bid to achieve net zero carbon emissions by 2045 will take a major step forward today (27 November) with the signing of an agreement between the Scottish Government and the North East Carbon Capture, Usage and Storage Alliance (NECCUS). 

A planning application has been submitted for the development of the National Manufacturing Institute Scotland (NMIS) situated at the centre of the Advanced Manufacturing Innovation District Scotland (AMIDS) in Renfrewshire.

A £6 million investment in leading software company IOTech Systems Limited (IOTech) will help establish a new HQ in Edinburgh and create more than 50 new job as it embarks on a global expansion programme.

Determination, confidence and ambition top attributes entrepreneurs need

Scottish Enterprise chief executive Steve Dunlop and School for CEOs managing partner David Sole have been appointed as among the first male ambassadors for Woman's Enterprise Scotland.