Sturgeon hails firms’ ability to adapt to challenges
First Minister Nicola Sturgeon last night applauded the innovative businesses that reacted and adapted to the challenges caused by the pandemic.
Ms Sturgeon told those attending the 20th round of the Scottish Edge pitching competition that it symbolised the spirit of enterprise her government was keen to develop.
A total of 42 businesses shared more than £1.6million to fund their growth plans. One of the biggest recipients was Edinburgh-based Rival SC, which aims to revolutionise supply chain management for the next generation of SMEs. It received £100,000.
First Minister Nicola Sturgeon said: “Ten years after it started, Scottish Edge is now the largest funding competition of its kind anywhere in the UK, and I am immensely proud of everyone who has played a part in its remarkable growth.
“Recovery from the pandemic and the current cost crisis we are facing has caused huge challenges across our business sector – but the innovative ways businesses have adapted and reacted has been remarkable. Scottish Edge epitomises the kind of entrepreneurial spirit that we want to encourage, more widely, across our economy.
“The Scottish Government recognises the vital role new businesses and new ideas play in creating jobs and prosperity across Scotland, which is why we are delighted to supporting Scottish Edge.”
Sir Tom Hunter, entrepreneur and philanthropist and guest speaker at the event, said: “Scottish Edge plays a pivotal role in the entrepreneurial ecosystem helping build high growth businesses, many of them going on to scale and indeed several now being funded to do so by the Scottish National Investment Bank.
“We are proud to fund Scottish Edge alongside many others as it continues to play a critical role in the future of our economy.”
Evelyn McDonald, CEO of Scottish Edge added: “It has been humbling and rewarding to witness the continued creativity, resourcefulness, and resilience of Scottish entrepreneurship, despite the challenging circumstances we find ourselves in.”
Scottish Edge is supported by The Hunter Foundation, the Royal Bank of Scotland, the Scottish Government and Scottish Enterprise. This round received 200 applications with finalists pitching to judges on 6 and 7 December in front of a live audience.
This year’s recipients (alphabetically)
532 Designs Ltd – Dundee – 532 Design strives to create globally recognised, design-led sports brands that bring true value and enjoyment to players in an ethical and responsible manner – £10,000
Ailsa Reliability Solutions Ltd – Dundonald – Utilise cutting edge technologies to eliminate unplanned downtime of client’s critical assets – £60,000
Airspection Ltd – Perth – Innovative drone technology for inspecting offshore wind turbines – £10,000
Argyle IT & Education Ltd – Edinburgh – EDTech blended learning platform to meet West African Higher Education needs – £50,000
Ava Innes Ltd – Elgin – Ava Innes, the new Scottish premium brand helping people stay warm at home, using their unique UK-made natural, sustainable insulating fabric in clothing and bedding – £20,000
Beastly Brews t/a Panther Milk – Glasgow – The world’s first oat milk ready-to-drink cocktail – £75,000
Beira Moda – Juniper Green – Crafts ethical limited edition womenswear from discarded high-end fabric – £50,000
BioLiberty – Dundee – Soft robotic glove and digital platform to help stroke survivors with remote rehabilitation – £100,000
Bliss Hot Tub Hire Ltd – Livingston – Premium hot tub rental service, bringing affordable luxury to Aberdeen & Aberdeenshire – £10,000
Bobbll – Glasgow – Gamifying job applications for entry level jobs aimed at Gen-Z – £10,000
Bounce OT – Stirling – Activity-based Occupational Therapy support to children and adults with disabilities – £10,000
Bovine Dental Company Ltd – Biggar – Developing a tool to support specialised dental treatment for cattle – £10,000
Curbar Lothian Ltd – Edinburgh – Birding social media app Chiffchaff and a new AIoT bird identification device – £10,000
DeepQA – Edinburgh – DeepQA uses artificial intelligence to fully automate the software testing process – £10,000
EcoCascade CIC – Glasgow – First multi-purpose primary purposing company serving seaweed farmers – £75,000
Fleming Technologies Ltd – Glasgow – Automated robotic handler that precisely moves and mixes liquids for experiments – £10,000
GaitAR Ltd – Lossiemouth – Developing mobility solutions for Parkinson’s patients, in the form of Smart Glasses- £75,000
Gledfield Distilleries Ltd – Sutherland – Developing Sutherland’s first modern botanical spirit in a paper bottle – £10,000
Hoolr Education Ltd – Edinburgh – Technology company that helps organisations manage, scale and understand their coaching cultures – £60,000
Inclu – Edinburgh – Inclusive kettle that is safe and simple to use for elderly or disabled people – £10,000
Mask Logic Ltd – Edinburgh – Designs individual, bespoke, re-usable and scientifically proven facemasks to healthcare and other sectors – £100,000
Meander Apparel – Edinburgh – Outdoor clothing brand making ethical garments for everyday adventures – £60,000
Measured Health Ltd – Edinburgh – Measured Health help hospitals treat 30% more patients by replacing face-to-face consultations with online self-completed patient assessments – £10,000
Mena – Perth – A scientist, smallholder and keen herbologist, Mena work with plants, medicinal and culinary herbs, to create products that relieve menopause symptoms and support better health – £10,000
Microplate Dx – Glasgow – Specialise in antibiotic susceptibility testing diagnostics reducing antimicrobial resistance – £70,000
Orkney Cloth Company – Kirkwall – Woven textile business making heritage, artisan scarves and blankets in limited collections – £10,000
Palaemon Maritime – Dunfermline – Provide anti-piracy barriers on a rental basis for ships, costing less than razor wire – £70,000
PicSea Ltd – Edinburgh – Ocean digitisation provider that uses its swarms of underwater robots to collect data – £75,000
RIVAL SC Ltd – Edinburgh – Tech platform that sets out to revolutionise supply chain management for SMEs – £100,0000
SENSEcity Ltd –Glasgow -SENSEcity is currently developing a product called Historiscope which is an Augmented Reality viewing scope for Heritage Sites to enhance the visitor experience – £10,000
S’wheat – Edinburgh – World’s first reusable bottle made from plants – £100,000
The Habitat People – Inverurie – Offers sustainability assessments and a unique carbon offsetting service through creation of wildflower meadows – £10,000
The Frangipane Bakery – Eyemouth – Gluten-free bakery dedicated to closing the disability-employment gap – £20,000
Thistle Rocketry Ltd – Galashiels – Space launch start-up currently developing scalable rocket systems for cube satellites – £100,000
Today Agency Ltd – Edinburgh – Student-driven media agency connecting businesses with creative local students – £60,000
QIoT Ltd – Glasgow – IoT Healthcare company who are developing a platform alongside connected medical devices to real time monitor the circumstancial, environmental and medication consumption of Asthma/COPD patients – £10,000
Unbaggaged – Glasgow (& West) – On-demand luggage storage platform that picks, stores and returns bags where and when needed – £40,000
Water Electronics – Glasgow – Innovative solutions that takes advantage of state-of-the-art advancements in sensors and robotics for inspecting live water mains for leaks – £10,000
Your Spin Ltd – Edinburgh – Uses technology and gamification to influence buying behaviours positively in hospitality venues – £10,000
Zephyrus Aerolabs Ltd – Aberdeen – Carbon-efficient drone that monitors greenhouse gas emissions directly from ships – £15,000