Unlocking Ambition

Forty firms win places on growth programme

Linda Hanna

Linda Hanna: these are business leaders of the future

Forty of Scotland’s innovative entrepreneurs are joining a flagship entrepreneurial development programme designed to help companies achieve their goals.

Unlocking Ambition seeks to emulate the impact of Scottish companies committed to sustainable growth through investment, innovation and exporting such as Calnex – the first Scottish company to seek a flotation for two years.

It builds on the successes achieved by previous participants such as Talking Medicines, Brewgooder, Hey Girls and Sustainably.

Celia Hodson

Celia Hodson of Hey Girls: a past participant

Entrepreneurs participating in Unlocking Ambition are based across Scotland and represent a broad range of business activity, such as tackling food poverty and reducing landfill, extracting chemicals from used coffee grounds for use in other industries, profitable reforestation of land, energy solutions for hard to heat properties, reusable sanitary pads and sustainable medicine delivery containers.

Over the next six months, the entrepreneurs participating in Unlocking Ambition will be linked with established and accomplished business people to learn, make connections and explore new opportunities.

Previous Unlocking Ambition contributors included senior leaders from LinkedIn, Netflix, Survey Monkey, Apple and Facebook as well as a range of GlobalScots. Each company will receive access to a £25,000 development grant plus business advice, mentoring and in-kind support.

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This year’s programme will be delivered as Scottish Enterprise’s first completely virtual accelerator, making it easier for entrepreneurs to participate during the COVID-19 pandemic.

Future X Innovations will work with Scottish Enterprise to deliver a world-class programme of support and entrepreneurial training and mentoring.

To date, entrepreneurs participating in the first Unlocking Ambition programme have cumulatively raised over £10m in business investment, created 146 new jobs and generated £3.2m in new turnover as a direct result of participation.

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