Twenty businesses reach the finale of Scottish EDGE Round 12 and will now pitch to an expert panel of judges, chaired by Jim McColl, at Stirling's Macrobert Arts Centre.
The latest round of Scottish EDGE kicked-off in early February attracting 250 business applications from across the country.
Scottish EDGE – which describes itself as the UK’s largest business funding competition - has announced a new venue for its latest round of finalists, taking the event out of its Edinburgh home for the first time since it started in 2013.
Twenty businesses have reached the finale of Scottish EDGE Round 12.
They will pitch to an expert panel of judges, chaired by Jim McColl OBE of Clyde Blowers on 29 May at the Macrobert Arts Centre for a slice of the round prize pot of £1 million.
Located at the heart of the University of Stirling, the Macrobert Arts Centre, in partnership with Stirling Council, University of Stirling and Forth Valley College, will play host to more than 600 expected delegates for a day of live business pitching, keynote speakers and business support exhibitors.
The latest round of Scottish EDGE kicked-off in early February, attracting 250 business applications from across the country.
During an intensive three-day long semi-final, 57 shortlisted entrepreneurs pitched their businesses to a collective panel of 15 expert judges. The final 20 emerged as the most innovative with potential to scale and will now pitch to a panel of business heavyweights at the Scottish EDGE Live Final, including Steve Dunlop of Scottish Canals, Simon Hannah of Fishill, Maeve McMahon of Royal Bank of Scotland and Carol Beattie of Stirling Council, as well as McColl.
The winning businesses will receive a share in the round’s £1 million prize fund, with awards of up to £150,000 in cash available and a business support package from the Scottish EDGE partners.
Scottish EDGE has been a springboard to almost 300 businesses. TV Squared, Uuni, Appointedd, Beauty Kitchen, Trtl and Robotical are just some of the companies to come through the programme in recent years.
Past winners have, to date, created an additional 2,660 Scottish jobs, generated an additional £79.78m in turnover, and received additional investment to the sum of £67.44m.
In the last round of Scottish EDGE, cash prizes of £1.07m were shared amongst 38 winners across three different categories. Scottish EDGE CEO, Evelyn McDonald, said: “For us, Stirling is the perfect location for EDGE’s first venture away from its native Edinburgh venue.
“The city’s pro-business attitude and fast progression towards being a centre of excellence in startup innovation, aligns perfectly with our agenda to attract and support the best entrepreneurial talent Scotland has to offer.
“With businesses from CodeBase Stirling and University of Stirling’s Sporting Chance Initiative occupying finalist and winner places in the past three Scottish EDGE Finals, it has been impossible for us to ignore the quality of startup business that Stirling is producing. We’re looking forward to experiencing firsthand that highly driven entrepreneurial culture.”
Stewart Carruth, chief executive of Stirling Council, said: “I am delighted to welcome the final of Scottish Edge Round 12 to Stirling alongside our partners at University of Stirling and Forth Valley College. This is an exciting opportunity for Stirling to welcome so many innovative start-ups and growing businesses.
Stirling is home to so many brilliant entrepreneurs and we are passionate about creating an environment for business and innovation to thrive. University of Stirling’s Innovation Park and world-class research facilities, along with over 750 courses offered at Forth Valley College, produces some of the highest quality graduates in the country. This talented young workforce, complemented by our new technology incubator, Codebase, which opened last year makes Stirling an ideal location for new businesses to grow and succeed.
I look forward to supporting the talented finalists of Scottish Edge Round 12, and wish them the best of luck for the competition and every success in the future.”
Full list of Scottish EDGE finalists
ARX Maritime (ARX Defence Ltd)
Designs and develops cutting-edge solutions and hardware to the forefront of maritime operations - its core product is an anti-piracy barrier called ABaC.
Aurora Sustainability Ltd
Sets up demonstrative Circular Economy Biorefinery in clusters for social, private and public organisations, offering mentoring and trainings on the CE business model.
Broker Insights Ltd
A platform that provides insurers with powerful search capabilities to direct their sales resources to the right brokers, at the right time, for the right business.
Produces the carbon-based additive CreChar(R) for anaerobic digestion (AD), helping enhance the microbial activity in their AD plants.
An adventure wildlife tourism business, offering transformational experiences, such as swimming with basking sharks around the Inner Hebrides.
An ethically driven event ticketing platform that links tickets to Blockchain to give event organisers a new layer of transparency and protection from ticket touts.
Curious Chip Ltd – Creator of Pip
A handheld computer that combines programmability, expandability and high-performance graphics into a portable, attractive and easy-to-use package.
Combines state of the art, automated technology and pioneering science to generate stem cell derived liver cells that model human physiology.
Guy & Beard Ltd
High quality barber shops made out of converted shipping containers in convenient locations, with free parking and affordable prices.
Just Venue Holding Ltd
An online platform that aims to socialise event space booking, by connecting event hosts and organizers with space owners and managers
Creator of FlushAway™ Stool Collector, which seeks to dramatically increase the diagnosis of Bowel or Colorectal cancers due to its sanitary benefits using soluble materials.
Developed a novel algae production to harvest Omega 3 oils from micro-algae grown on waste water.
Sells novel, printed, ultrasound sensors to the industrial inspection, medical imaging and dental imaging markets.
Developed cutting-edge microfluidic ‘Lab-on-a-chip’ technology that delivers OCM analysis a 1000x faster and 10x cheaper than the current approaches.
Spark and Rocket Ltd t/a SoundBops
Developed Soundbops a music educational platform of hardware and software that enables children to create, learn, play and love music.
Medical life-sciences company undertaking the design, development and commercialisation of the SpeyCardio Lifestyle Defibrillator™.
Sustain (Scotland) Ltd
Sale of innovativeUK patented kitchen handle fitting tool for use by kitchen fitters and DIY enthusiasts.
The Little Herb Farm
A fine food manufacturing business creating a range of sweet fruit vinegars using mainly its own herbs and a range of chilled dips.
The Start-up Drinks Lab Ltd
Provide manufacturing, packaging and storage solutions for small-medium sized soft drink companies for everything from "concept to shelf".
Offering a bike registration system which comprises of a tamper resistant QR label and a free smartphone app