News

Trials to Commence in October at the Beatson West of Scotland Cancer Centre in Glasgow

Melanoma, Lung and Kidney Cancer Patients First to be Treated

The impact on the Scottish economy of the country’s longest-established business angel investment syndicate, Archangel Investors, has been researched in detail for the first time by the Hunter Centre for Entrepreneurship at the University of Strathclyde Business School.

2014/15 saw Scottish Enterprise offer £57.8million of Regional Selective Assistance (RSA) for projects with planned capital expenditure of £396.7 million, expected to create or safeguard 8,991 jobs across 121 companies.

The Scottish Loan Fund (“SLF”), managed by Maven Capital Partners, has completed a £2 million mezzanine debt investment in Smarter Grid Solutions (“SGS”), enabling the company to accelerate product development and fund its continued expansion in the UK, Europe and the US.

Scotland will be showcased as a key player in the global cycle market this week, as 15 Scottish businesses take their innovative cycle products to the world’s largest bike show, Eurobike, held in Germany between 26 and 29 August.

Scottish Enterprise has today revealed that its investment arm, the Scottish Investment Bank (SIB), invested £66.5m into 155 Scottish companies during 2014/15, leveraging a record private sector investment of £99m.

Scottish Enterprise enhances and streamlines its four funds into two

Glasgow based pharmaceutical company Alfacyte announced today it has raised £350,000 in equity and grant funding to advance development of an oral vaccine for the treatment of peanut allergy.

The Scottish Loan fund has invested £3.5m in Fife based software developer, Paywizard.