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Ministers welcome new loans that will ‘kickstart’ business innovation
Lesley Parsons Lesley Parsons

Ministers welcome new loans that will ‘kickstart’ business innovation

Ministers have welcomed plans by the Royal Bank of Scotland (RBS) for a new type of loan for high-growth businesses, saying it will help “kickstart” business innovation in Scotland.

From next year, Scottish firms will be able to secure borrowing against the value of their intellectual property (IP), instead of traditional assets such as buildings and machinery.

Source: STV

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Converge 2025: Awards, Record Funding and New Partnership
Lesley Parsons Lesley Parsons

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.

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Scottish company data platform launched to drive investment
Lesley Parsons Lesley Parsons

Scottish company data platform launched to drive investment

An open access platform of information on start-ups, scale-ups and established private companies in Scotland has been launched.

Developed through a partnership between the University of Edinburgh, Scottish Government and Techscaler, the Scottish Ecosystem Platform provides includes funding round tracking, investor profiles and market trends.

Source: Business Insider

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'Revolutionary' skin sensor could change how eczema is treated
Lesley Parsons Lesley Parsons

'Revolutionary' skin sensor could change how eczema is treated

For years, people living with eczema have endured endless trial-and-error treatments and long waiting lists to see a dermatologist.

Now, scientists at Heriot-Watt University believe they’ve developed “ground-breaking technology” that could revolutionise how the condition is diagnosed and treated.

Source: STV

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Edinburgh spin-out SeaWarm secures funding
Lesley Parsons Lesley Parsons

Edinburgh spin-out SeaWarm secures funding

University of Edinburgh spin-out SeaWarm has secured £550,000 to roll out its renewable heating system across Scottish communities.

The investment includes £250,000 from angel investment syndicate Equity Gap, £250,000 from development agency Scottish Enterprise and £50,000 from University of Edinburgh in-house venture fund Old College Capital.

Source: Business Insider

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Associate feature: A Manifesto for Health and Growth
Lesley Parsons Lesley Parsons

Associate feature: A Manifesto for Health and Growth

Every advance in medicines – from vaccines to treatments that extend life – depends on strong partnerships between government, the NHS, academia and industry. This “triple helix” drives Scotland’s life sciences growth, contributing over £1.7 billion to the economy and supporting 15,000 high-value jobs.

Source: Holyrood

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Scottish Government backs 'innovative industries' with £5 million
Lesley Parsons Lesley Parsons

Scottish Government backs 'innovative industries' with £5 million

The Scottish Government has announced a nearly £5m investment package backing businesses in innovative industries.

It will provide more than £2m of support for new market clusters set out in Scotland’s Innovation Strategy, including space, robotics and critical technologies like semiconductors and quantum systems.

Source: Business Insider

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