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New early stage scheme

£4m of early stage support ready to be ‘unlocked’

Sydney Chasin and Paul Wheelhouse

Key to support: Sydney Chasin and Paul Wheelhouse at the launch

Early stage companies are invited to apply for a share of £4 million being offered through a new entrepreneurial support scheme.

The Unlocking Ambition Challenge is part of the Scotland CAN DO initiative driven by the Royal Society of Edinburgh with support from Scottish Enterprise.

It is based on the Enterprise Fellowship Programme which the RSE has been running for 20 years.

Together the two institutions will invest in 20 early-stage high-potential entrepreneurs with innovative projects.

The only condition is that applicants must agree to relocate or establish their business in Scotland.

The successful applicants will be mentored and led by some of Scotland’s leading entrepreneurs in a year-long intensive entrepreneurial business development programme.

Business and Innovation Minister, Paul Wheelhouse, said: “This programme is a high priority for the Scottish Government.

“By tapping into the experience of Scotland’s most successful business people, as well as the great companies and institutions based here, we can unlock the tremendous potential of the next generation of entrepreneurs.”

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