News
£125,000 Microfinance Fund launched to boost Scotland’s academic innovation pipeline
The Scottish Government and Converge have today joined forces to launch a new £125,000 Microfinance Fund aimed at accelerating Scotland’s pipeline of academic start-ups.
Designed to help students, graduates and university staff take that all important first step towards starting a business, the new initiative will allocate £5,000 to each of Scotland’s 19 universities with grants distributed through university channels.
Converge 2025: Awards, Record Funding and New Partnership
Converge has announced the recipients of its 2025 awards, from life-saving food safety technology to breakthrough medical devices, with 22 prizes sharing a total prize pot in excess of £400,000.
This year’s cohort celebrates another exceptional year of university-led innovation, demonstrating Scotland’s position at the forefront of global entrepreneurship and research commercialisation.
Converge appoints new executive director
Converge has appointed Adam Kosterka as its new executive director, as the organisation prepares to launch its 2025 programme.
He has been serving as interim director since August, following the departure of Claudia Cavalluzzo, and brings experience in innovation and enterprise development to the permanent role.
Source: Business Insider
Edinburgh Innovators secure top prizes at Scotland’s Converge Awards
Four University of Edinburgh projects have claimed victory at this year’s Converge Awards, an annual awards ceremony designed to celebrate and reward the pinnacle of Scottish academic innovation.