PRESS RELEASE Scottish EDGE Round 10 opens, offering funding of up to £150,000 Scottish EDGE is today, Wednesday 1st February, launching its next competition round. Applications to Scottish EDGE Round Ten will be accepted through the competition website until 8th March, 2017 at 2pm, requiring an application form and a short video pitch. All applications will then be assessed by a number of independent, expert panels before being shortlisted to participate in a Scottish EDGE semi-final or the final of our subsidiary competition categories, namely Higgs EDGE, Young EDGE or Wild Card EDGE. Prizes of up to £150,000 will be awarded at a full day pitching final on 22nd June 2017. Since its inception in 2013, Scottish EDGE has had a huge impact on Scotland’s economy, with its alumni having generated an additional £45.06m in turnover, secured £44.12m in additional investment, and created 818 jobs. Round Nine served as a reminder of Scottish EDGE’s essential role in nurturing Scotland’s globally recognised entrepreneurial talent, with a total of £1.3 million awarded in grant and loan funding to forty of Scotland’s most promising start-ups. Announcing an exciting change to the entry criteria introduced in this round, CEO Evelyn McDonald said; “As an ever-evolving competition, Scottish EDGE aims to improve upon every round and we value the feedback that we receive. For the first time, Round Ten applications will be open to sole traders and partnerships within its Young EDGE and Wild Card EDGE categories. “This change to the eligibility criteria paves the way for previously ineligible businesspeople to take advantage of the competition’s significant offering, with a potential award of £10,000 grant only funding and business support.” The key dates for Scottish EDGE Round Ten are as follows: ENDS 1st February 2017 – Application window opens 8th March 2017 – Application window closes at 14.00 (2.00pm) 27th March 2017 to 12th April 2017 – 1st Stage Assessments undertaken 3rd May 2017 – Wild Card EDGE Final 8th, 9th, 10th May 2017 – Scottish EDGE Semi Finals 16th May 2016 – Young EDGE Final 6th June 2017 – Higgs EDGE Final Thursday 22nd June 2017 – Scottish EDGE Final Notes to Editor Media enquiries should be directed to: Jack Proctor, Marketing and Comms: [email protected], +44 (0) 7956868842 Evelyn McDonald, CEO: [email protected], +44 (0) 7866 770708 Steven Hamill, COO: [email protected], +44 (0) 7788 125932 About Scottish EDGE Scottish EDGE is a competition aimed at identifying and supporting Scotland’s up-and-coming, innovative, high-growth potential entrepreneurial talent. Scottish EDGE is made up of four categories; Scottish EDGE, for companies of all sectors and stages; Higgs EDGE, a special technology award aimed at entrepreneurs who have an engineering, science or technology based business and have a product, or product under development, which is scalable and capable of globalisation; Young EDGE, for companies where all directors are under the age of 30; and Wild Card EDGE, for companies who are currently pre-trading. Historically, Scottish EDGE was run by Scottish Enterprise alongside various partners. However, in August 2014 the Royal Bank of Scotland and Sir Tom Hunter, through the Hunter Foundation, agreed to extend the success of the fund and lead in its delivery going forward with support from the Scottish Government. David Shearer chairs the Scottish EDGE Board with directors from the Hunter Foundation and the Royal Bank of Scotland, alongside an Advisory Board drawn from our partners in Scottish Government, Scottish Enterprise, Highlands & Islands Enterprise, Business Gateway, Entrepreneurial Scotland, Social Investment Scotland and Prince’s Trust. To date, Scottish EDGE has made 262 awards totalling over £8 million. This has resulted in the creation of 818 jobs with the winners generating an additional £45.06m in turnover and securing £44.12m million in additional investment. Winners of Scottish EDGE benefit from: Funding of up to £100,000 with Scottish EDGE. 50% of this is a pure prize and 50% is a loan which will be used to support the next entrepreneur in line for support Up to £10,000 grant with Young EDGE for 18-30 year olds Up to £10,000 grant with Wild Card EDGE for pre-trading businesses Two prizes (£150,000 and £100,000) for Science, Technology, Engineering, and Mathematics businesses (STEM) Signposting to alternate funding and funders where appropriate Business Training Mentoring and support from a mature entrepreneur accessed through the Entrepreneurial Scotland mentoring programme. Access to support via our partners Business Gateway, Scottish Enterprise, Highlands & Islands Enterprise, Social Investment Scotland and the Prince’s Trust Pitch training delivered by ESpark, Business Gateway, HIE and Elevator in Dundee and Aberdeen. Enrolment into the EDGE Alumni programme where you will get access to events, peer to peer learning and training to enhance your skills and give something back. Packages of support from leading business support organisations such as Harper Macleod, Johnston Carmichael and James Hallam plus the chance to learn from and connect with experts from world renowned organisations such as Microsoft at the Scottish EDGE Final. The winners of Scottish EDGE’s last round, Round 9, were: Amiqus Resolution: Handles compliance and onboarding of clients for legal and financial services firms. Amount Awarded: £75,000 | Edinburgh Brewgooder Ltd: A social enterprise brewery which donates 100% of its profits to clean water projects around the world. Amount Awarded: £70,000 | Edinburgh Care Sourcer Ltd: The first company in the UK to provide a care matching platform enabling people to source care that meets their needs. Amount Awarded: £50,000 | Edinburgh Dear Green Ltd: First in Scotland to supply exclusively 100% Speciality Grade coffee. Amount Awarded: £25,000 | Glasgow GM Flow: Offers flow consultancy expertise in the field of test and production separator, gas lift, gas and water injection measurement. Amount Awarded: £45,000 | Aberdeen Kitsch Drinks Ltd: Produces refreshing sodas in innovative flavours like Rhubarb & Thai Basil. Amount Awarded: £100,000 | Edinburgh LMB Enterprise Ltd: Pads that address the global issue of loose fitting shoes. Amount Awarded: £40,000 | Glasgow Property Technology Ltd: Innovative technology which makes viewing and applying for a property easy. Amount Awarded: £50,000 | Edinburgh Qpal Limited: A disruptive cashless payments solution for the live events industry. Amount Awarded: £40,000 | Aberdeen SignLive Ltd: Software which facilitates communication between deaf and hearing people anywhere, anytime, via an app. Amount Awarded: £45,000 | Edinburgh Slim Lizzie Ltd: Slissie – flavoursome electronic anti-snacking device, slimming aid and good eating habit trainer. Amount Awarded: £100,000 | Edinburgh Spyglass Innovations Ltd: Looblade – a re-invention of the toilet brush which utilises SwipeClean technology. Amount Awarded: £75,000 | Perthshire SunTech UK Ltd ta eFOLDi: An innovate concept of a personal vehicle, which can be easily folded to a trolley or suitcase. Amount Awarded: £90,000 | Fife Swimbeam Training Ltd: Swimbeam Air Trainer – Europe’s only dry-land swim training bench. Amount Awarded: £40,000 | Edinburgh Higgs Edge Round 9 winners were: Exnics Ltd: A subsea technology company determined to solve big problems with simple new products with the potential for large scale global commercialisation. Amount Awarded: £150,000 | Aberdeen RD Support: RD Support has invested in the development of a graphene layer manufacture process. Amount Awarded: £100,000 | Stirling Young EDGE Round 9 winners were: Staels Design Ltd: WheelAir – the first temperature regulating wheelchair pad alleviating pain points faced by wheelchair users. Amount Awarded: £10,000 | Glasgow Dekko Comics Ltd: Create educational comics which are visually engaging while also being informative. Amount Awarded: £10,000 | Glasgow Pyramid WiFi Ltd: Tiny wifi box providing a simple, inexpensive and lawful way to unlock your internet. Amount Awarded: £10,000 | Glasgow MiAlgae: Utilising nutrient rich wastewater to produce microalgal products for the livestock feed industry. Amount Awarded: £10,000 | Edinburgh Rory Hutton Ltd: Menswear accessories label specialising in hand-made ties, bow ties and pocket squares. Amount Awarded: £10,000 | Edinburgh Lonely Mountain Skis Ltd: High performance and environmentally friendly skis to suit all aspects of the Alpine skiing market. Amount Awarded: £10,000 | Perthshire The Hebridean Food Company: Create luxury foods using only ingredients from the Hebrides. Amount Awarded: £10,000 | Isle of Uist Estendio: Present Pal – the first ever presentation support app specific to dyslexic users. Amount Awarded: £10,000 | | Glasgow DirectDevitt Comedy Productions & Management CIC: ‘Comedy and confidence’ workshops, using comedy techniques and resources to support disengaged youths. Amount Awarded: £7,500 | Glasgow Ramadan Legacy Ltd: A mobile app focusing on providing a new learning experience for the holy month of Ramadan. Amount Awarded: £5,000 | Glasgow LoCa Beverages Ltd: Minus 33 – a 33% juniper distilled spirit. A gin, in all but alcohol level. Amount Awarded: £5,000 | Edinburgh Phone My Mum Ltd: Treasure – a pirate themed kids bead kit with a safety twist. Amount Awarded: £2,500 | Lanarkshire Wild Card EDGE Round 9 winners were: MicroSpray Technologies: On a mission is to revolutionise particle manufacturing for pharmaceutical and research industries. Amount Awarded: £10,000 | Edinburgh Airdecks Ltd: An innovative product for the construction industry that aims to eliminate issues associated with scaffolding obstruction. Amount Awarded: £10,000 | East Lothian BioTSptech: A new sensor, used broadly to monitor the health and general characteristics of cells grown ex vivo. Amount Awarded: £10,000 | Edinburgh DAT Consulting Ltd: Have invented two systems for the hygiene sector – Sterl Blast (a room system) and Sterl Hand (a hand system used in intensive care settings). Amount Awarded: £10,000 | South Ayrshire Spark and Rocket Ltd: Aims to market and sell fun, accessible and creative products to enable children to play, create and learn music. Amount Awarded: £10,000 | Hamilton SpeyCardio Ltd: Creators of the Smart Wearable Defibrillator, now developing disposable defibrillator pads which are compatible with the device. Amount Awarded: £10,000 | Aviemore Nu Blvck Ltd: A fashion accessories brand and e-commerce platform transforming the traditional supply chain. Amount Awarded: £10,000 | Glasgow Wallet.Services (Scotland) Ltd: Simplifies BlockChain in business using a software platform that enables innovation, accelerates projects, and manages risk in development and operations. Amount Awarded: £10,000 | Edinburgh Peaches Wax Bar Ltd: Aiming to develop a UK based, quality wax brand. Amount Awarded: £5,000 | Glasgow HakySak Ltd: An online, peer-to-peer marketplace, that connects local people to other trusted members of their community. Amount Awarded: £5,000 | Glasgow Your Book List: A money saving app which directly connects students to the best deals on buying and selling their textbooks. Amount Awarded: £5,000| Edinburgh Sansible Wearables: Offers a combined hardware and software system to improve performance and help prevent injury. Amount Awarded: £5,000 | Edinburgh A series of Application workshops will also take place throughout Scotland: 31st January 2017 (2pm) in Glasgow: with Enterprise Campus West – Register Here 7th February 2017 (10.30am) in Inverness or Online: with HIE and #hellodigital – Register Here 8th February 2017 (10am) in Edinburgh: with SIS – Register Here 10th February 2017 (10am) in Glasgow: with Entrepreneurial Spark – Register Here 17th February 2017 (1pm) in Edinburgh: with Entrepreneurial Spark – Register Here 22nd February 2017 (9.45am) in Dundee with Elevator – Register Here 22nd February 2017 (2.45pm) in Aberdeen with Elevator – Register Here
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