GlamCandy highlights growth – High Growth Scotland with Kim McAllister

It was a big day in Dunfermline yesterday. A £250,000 facility boasting a 100% employment rate for its alumni had its grand opening – and it certainly looked grand. The clue is in the name…

Pacific Drive from across the Canting Basin

Planning Application for Glasgow’s Pacific Quay submitted

The completion of one of Scotland’s most high-profile waterfront development sites has moved a step nearer following the submission of a major planning application to Glasgow City Council by Drum Property Group. Drum is working…

Caroline Barelle

Founders Series – Caroline Barelle, CEO/CSO of Elasmogen

If you are interested in sponsoring the Founder Series please email founders@sbnn.co.uk Caroline Barelle took the brave step of jumping from being a research scientist to a CEO with the spin out of Elasmogen from Aberdeen University…

Stuart Ferguson

Well-SENSE secures seven-figure equity investment from Saudi Aramco Energy Ventures

Downhole technology specialist, Well-SENSE, has secured a seven-figure equity investment from Saudi Aramco Energy Ventures (“SAEV”), alongside its current owners, FrontRow Energy Technology Group Limited (“FrontRow”) and management. The support of SAEV as a strategic…

(L-R) Charles Robertson from Royal Bank of Scotland and the management team, including Managing Directors Margaret Sawers and William Sawers

Innovative Edinburgh care home opens after £7.73m funding package

Northcare Manor, a new care home in Edinburgh which incorporates an old shopping street to help its residents reminisce, has opened with the support of a £7.73m funding package from Royal Bank of Scotland. Thought…

Dave Hughes

Founders Series – Dave Hughes, Founder and Chief Technical Officer of Novosound

If you are interested in sponsoring the Founder Series please email founders@sbnn.co.uk Dave Hughes founded Novosound as the first spin-out from the University of the West of Scotland in April 2018. With successful funding competitions under its…

L-R, Kate Hodson, Becky Hodson and Celia Hodson

Big Issue Invest makes £50k investment in trailblazing social enterprise Hey Girls

The period poverty-battling Hey Girls take a giant leap forward in their fight this week as their products hit the shelves of supermarket giants ASDA and Waitrose. A £50,000 investment and mentorship from Big Issue…

FutureForge

AFRC secures £16.5m for advanced engineering facility

The University of Strathclyde’s Advanced Forming Research Centre (AFRC) has secured £16.5million to establish a major new advanced engineering facility that will put Scotland at the forefront of the movement to transform one of the…

Philip Hammond

£96m UK Government backing for Scottish innovation

Britain’s world-leading researchers and entrepreneurs in Scotland will benefit from an additional £96 million to create the technologies of tomorrow, the Chancellor has announced. Philip Hammond will expand successful ‘catapult centres’ which are fuelling innovation…

Waldorf Astoria Edinburgh - The Caledonian

Hotel investments tops £389.67m to double 2017 annual volume at half year

Investment into Scottish hotels in the first half of 2018 reached £389.67 million, according to international real estate advisor Savills, doubling the total annual investment volumes recorded in 2017 (£195 million). Investment was spread across…

Robin Knox & Paul Walton

IPOS founders back together again with new startup

Scottish technology entrepreneurs Robin Knox and Paul Walton have launched a new smart home security system venture following their exit from Intelligent Point of Sale (IPOS) in 2017, which they had grown to employ 80…

Josiah Lockhart

Double celebration for Scottish social enterprise accelerator

LaunchMe, Scotland’s social enterprise accelerator is celebrating reaching a £1 million investment milestone, as well as announcing the fourth round of applications. Delivered by Firstport, LaunchMe supports ambitious social enterprises to achieve scale, by getting…

Applications open for Startup Summit competition

FutureX has opened applications for the annual Startup Summit Competition for UK-based tech entrepreneurs. Startups making it to the final will pitch on the main stage at Startup Summit 2018 on October 31st, going head…

Drimsynie Estate Hotel

Argyll Holidays unveils brand new Drimsynie Estate Hotel after £6.5m investment

Holiday park operator Argyll Holidays has announced the completion of its brand-new Drimsynie Estate Hotel after a £6.5million investment. Located in the Drimsynie Estate Holiday Village overlooking Loch Goil in the Loch Lomond and Trossachs National…

Adam Christie

Edinburgh medical devises firm raises £3.15 million to fund US Launch in 2019

CALCIVIS, the Edinburgh-based medical devices company focused on revolutionising the management of tooth decay and enabling preventive dentistry, has closed a £3.15 million equity funding round from existing investors Archangel Investors, Julz and the Scottish…

Jon Hughes

IGF appoints asset based lending director in Scotland

Commercial finance provider Independent Growth Finance (IGF) has appointed Neil Kindness as asset based lending (ABL) Director as the company expands its presence in Scotland. Neil has over 30 years’ experience in invoice finance and asset based lending…

Left to right - Dominic Ashmole, Keith Goatman, Erin Beveridge and Vismantas Dilys

Canon Medical Research receives £140k to develop AI-powered cancer assessment prototype

Canon Medical Research Europe has been awarded £140,000 to develop a prototype that combines Artificial Intelligence (AI) and medical imaging technology to improve assessment for one of the most difficult cancers to manage, Malignant Pleural…

Edinburgh Innovation Park

City Deal agreement signals green light for Edinburgh Innovation Park

Queen Margaret University and East Lothian Council have welcomed the confirmation of funding of £600 million from the UK and Scottish Governments, which, when taken together with contributions from partners, will result in an investment…

Ronnie Stokes

New loudspeaker manufacturer booms with £850k funding

FYNE AUDIO, a new entrant into the high-end, loudspeaker audio market has received an £850k funding facility from Bibby Financial Services. The funding line includes Export Invoice Discounting (Export ID) as well as an FX facility, which will help the business…

Pursuit staff

Pursuit Marketing to create 40 new jobs following funding deal

Glasgow-based Pursuit Marketing is implementing growth plans and creating jobs after receiving a significant funding package from Scottish Enterprise's Regional Selective Assistance fund. The firm has secured £450,000 to continue expanding the business across the city.…

Aileen Campbell

Social enterprises share more than £637,000 of grant funding

Six social enterprise programmes will share more than £637,000 of grant funding – bringing the total invested so far this financial year to £4.9 million. The programmes will drive forward Scotland’s ten year Social Enterprise…

From left to right; Keith Boyes, Martyn Paterson, Fraser Porter and Andrew Reynolds of AAB Wealth

AAB Wealth break £300m Assets Under Advice barrier

Anderson Anderson & Brown Wealth Ltd (AAB Wealth), one of Scotland’s leading independent financial planning firms, has announced a £100m increase in Assets under Advice (AUA) over the last twelve months, taking the firm’s total…

Stuart Maclean

Circularity Capital leads €37m Berlin investment deal

Edinburgh-based Circularity Capital LLP, a specialist private equity firm, has led a €37m funding roundfor Berlin-based technology business Grover. Fintech investor Coparion and Samsung Next were also involved in the deal which consisted of €12m from…

The Brunswick Hotel

Brunswick Hotel set for revamp following seven-figure sale

Merchant City stalwart the Brunswick Hotel is to undergo a major refurbishment following its recent seven-figure sale. The hotel has been bought by Alam Investments, which previously owned the Clifton Hotel in the West End…

James Kergon

Investment in Scottish companies doubles to £21m in Q2

Scottish companies raised £21million in the second quarter of 2018 (April – June), two and a half times more than the previous quarter (£8.4million). New figures from KPMG’s Venture Pulse report, which highlights key trends, opportunities,…