News

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. 

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).