News

Deputy First Minister of Scotland Kate Forbes today joined Scottish Enterprise Chief Executive Adrian Gillespie to announce an £8 million grant contribution to the construction of the University of Dundee’s Life Sciences Innovation Hub during a visit to the site.

Scottish Enterprise providing £1.5 million grant towards almost £9 million company investment

Scottish Enterprise is launching a new £35million Manufacturing Property Challenge Programme for prospective developers of manufacturing property to create 1,000,000sq.ft. of new industrial space to increase innovation and Scotland’s attractiveness to inward investors.

More businesses invest in Scotland as confidence continues to grow

Glasgow’s first Venture Studio dedicated to developing innovation-driven enterprises has been launched by the Glasgow City Innovation District (GCID). The project is supported by Glasgow City Council and funded by the UK government through the UK Shared Prosperity Fund.

Edinburgh-based 1nhaler has appointed two experts in inhalation and respiratory medicines to the Board as it looks to accelerate the development and market-readiness of its novel single use inhaler device.

OGI Bio, a leading Scottish biotechnology company, has secured follow-on funding of £650,000 in a deal led by TRICAPITAL Angels and supported by Scottish Enterprise, Merleview, Apollo, and Old College Capital to accelerate the company's growth and expansion in the UK, EU, and US biotechnology sectors.

Sofant Technologies, the Edinburgh-based wireless technology pioneer, can today announce it has successfully raised £3.4 million in additional funding.

After 7 years of scientific development, CuanTec, the Scotland-based bio-science company, announces the start of production of high-quality Chitosan at its manufacturing facility in Glenrothes, Scotland. Cuantec’s customers will benefit from high-quality products made from sustainable raw materials with the added support of a highly skilled workforce.

Startup secures major backing to pioneer universal rocket control systems

35 businesses with high-growth potential are celebrating today after winning shares of a £1.5 million prize pot at last night’s Scottish EDGE award ceremony.

Heero Technologies^TM, the high-growth clean tech software and data company based in Dundee, has secured £230,000 of bridge financing from existing lead investor TRICAPITAL Angels Limited and Scottish Enterprise, ahead of a planned Series A funding round.