News
Scottish Biotech Innovator Secures Up To £1.1 Million Investment From Scottish Enterprise
Green Bioactives, a leader in the sustainable production of plant-based natural products through its proprietary Plant Cell Culture Technology platform, has secured grant of up to £1,097,016 from Scottish Enterprise. The grant will support an 18-month research and development initiative focused on the production and initial scale-up of natural products that are derived from plant cell culture, which will enable Green Bioactives to supply customers in waiting in the cosmetic and personal care industries.
Edinburgh aerospace firm backed for expansion
An aerospace technology firm has secured a £500,000 investment to accelerate its development of space launch guidance systems.
Backed by Kelvin Capital, Gabriel and Scottish Enterprise, Edinburgh-based Aurora Avionics is now looking to hire new engineers, grow its operations at the Royal Observatory and further advance its technology.
Source: Business Insider
Business leaders elected to Royal Society of Edinburgh
The Royal Society of Edinburgh (RSE) has announced its new cohort of fellows, including several from Scotland’s business community.
Fellows are elected to Scotland’s national academy for exceptional achievements and acumen in the world of science, mathematics, business and the arts.
Source: Business Insider
AI biosecurity tool could help save farmers time
Scientists are developing a new webtool which will use Artificial Intelligence to give time-pressured farmers tailored advice on how to protect their livestock from disease.
The device is being developed in a project by SRUC and Moredun which would quickly summarise official documentation on animal biosecurity, and deliver detail most relevant to an individual farmer’s needs at the time.
Edinburgh and south east Scotland innovation action plan unveiled
A new action plan, which puts business growth and innovation at the forefront, has been launched.
Developed by Innovate UK, Edinburgh and South East Scotland City Region, and Scottish Enterprise, the proposals aim for a resilient and investment-attractive economy by leveraging regional capabilities.
Source: Business Insider
Life story of 'beloved' PG Tips tea-drinking chimp revealed
The life story of the “beloved” chimpanzee star of a series of PG Tips adverts in the 1970s has been revealed in a new study.
Choppers, a Western Chimpanzee, played Grandmother Ada Lott in the well-known advertisements when she was still a juvenile.
Source: STV
India and Scotland ramp up regional approach to business ties
An Indian – Scotland Business Meet was hosted in Edinburgh 3rd – 6th March and started with an event at Edinburgh City Chambers aimed at fostering business ties between India and Scotland in renewable energy, life sciences, IT and innovation, and whisky.
Source: The Scotsman
Scotland can be the “engine room of UK growth”
The Secretary of State for Scotland, the Rt Hon Ian Murray, told an audience at the University of Edinburgh’s Informatics Forum on Friday morning that Scotland can be “the engine room of UK growth”.
Source: The Edinburgh Reporter
TRICAPITAL Angels leads £2.1 million investment into Scottish insect genetics firm Beta Bugs
Pioneering Scottish business Beta Bugs has secured a multimillion-pound investment as it looks to become a global leader in insect genetics.
TRICAPITAL Angels led a £1.7 million investment into the business in 2023 – and has now followed up with a fresh £2.1 million cash injection alongside Scottish Enterprise.
Scottish National Investment Bank: A catalyst for positive change
With an ambition to be transformative and provide development capital to Scottish firms engage in three core pillars – the drive to net zero, tackling place-based inequality, and supporting innovation – the Scottish National Investment Bank (SNIB) set out its stall to before an audience of delegates from across the business spectrum in Glasgow today.
Source: The Herald