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Albacom CEO Jim Davidson and Business Development Manager Ken Clarke

Albacom in expansion mode with six figure investment

Engineering design and manufacturing firm Albacom is set to expand after raising £500,000 to develop its business in new markets. The company, which has grown out of the 1990 MBO of the Dundee division of Ferranti, specialises in electrical components for the global defence and aviation industry and has diversified in recent years into new commercial sectors.

Stuart Charles Sinclair, Managing Director, Integrity XL

Integrity XL eyes expansion after liquid nitrogen pump purchase

Aberdeen-based multi-discipline integrated service provider Integrity XL is poised to grow its business having invested £1 million in the purchase of two 90K liquid nitrogen pumps.

Space Intelligence Kate Forbes visit-2

Tackling climate crisis through artificial intelligence

Companies are benefiting from £170,000 of Scottish Government funding to use artificial intelligence (AI) to help tackle the global climate emergency.

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Archaeology company digs into employee ownership

Archaeological services provider GUARD Archaeology Limited is the latest business in Scotland to become employee-owned, with 32 members of staff given a stake in the business. 

Fios Genomics-2

Strategic Partnership seen as a game changer for Edinburgh-based Fios Genomics

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).

EnMovi 001

Med-tech firm receives £2.5m grant to further develop orthopaedic sensors

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.

02 SHE Software grant

£1.4M R&D grant from Scottish Enterprise supports East Kilbride software firm's £4M expansion plans

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.

FGIZ conference 15.01.20

Falkirk and Grangemouth area is ready for major investment

  • 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
LCCF announce 004

First Minister launches £6M Scottish Enterprise fund as a catalyst to support SMEs low carbon capabilities

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.

GOODLOOP COFOUNDERS AMY WILLIAMS DANIEL WINTERSTEIN

'You & Mr Jones' joins group of international investors buying into Edinburgh-based ethical brandtech startup, Good-Loop

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.

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Tricore drills into employee ownership

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.

ScottishFintechs

The number of fintech enterprises continues to grow as FinTech Scotland reaches its second birthday

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.