A total of 36 Scottish businesses are celebrating after securing funding from the dragon’s den style Scottish EDGE competition.
The funding competition aimed at identifying Scotland’s top young, early stage and high growth potential entrepreneurs took place on Friday (12 June) at RBS Gogarburn.
The £5m+ fund endowed by serial entrepreneur Sir Tom Hunter is led by a board of entrepreneurs, bankers and public sector supporters.
One of the major winners of the night was Carbon Black System Ltd, a company which provides customers with high-tech custom built stylish carbon fibre wheelchairs.
The Nairn-based firm secured £100,000 in funding courtesy of the Scotedge category and will also receive support and mentoring from a mature entrepreneur and access to a range of assistance via Business Gateway, Scottish Enterprise and Highlands and Islands Enterprise.
Eleanor Mitchell, director of High Growth Ventures, Scottish Enterprise, said: “The Scottish EDGE encourages and supports Scotland’s expanding base of entrepreneurial activity.
“Past winners have used the award to recruit new team members, fund their marketing activities, translate their ideas into products and expand their sales and they’re demonstrating strong growth.
“Providing companies with access to new sources of early stage growth finance is vital and the Scottish EDGE helps to fill this gap, complementing existing grants and investment products that support Scotland’s entrepreneurs to realise their ambitions and to build sustainable businesses.”
Other winners from the awards included Beer52, CLDB, Freedom One Life ltd, Geek Retreat and Shot Scope among others.
You can view the full list of winners below:
Beer52.com – £40,000 – The UK’s no. 1 craft beer club which links small craft breweries with craft beer fans across the UK
Carbon Black System Ltd – £100,000 – A company which provides customers with high-tech custom built stylish carbon fibre wheelchairs
CLDB – £50,000 – A company which provides off-site manufactured, cost effective , low energy building using natural materials
Freedom One Life Ltd – £100,000 – A company which designs and manufactures a new generation of power wheelchairs
Geek Retreat – £30,000 – A comic book store and gaming café aimed at “Geeks”
Helson and Jackets LLP – £75,000 – 3D 360 degree video display, that creates full moving video objects that appear to float in space
Hidden Armada – £40,000 – A start-up which is currently developing a PC game called Mutiny, where your phone becomes your controller
Ibisvision Limited – £50,000 – Developed “RingOfSight” – a revolutionary software based system for diagnosis of glaucoma
Katy Rodger’s Artisan Dairy – £50,000 – A company which produces a range of dairy products including Ice cream and yogurt from their family farm
Medicen Devise Limited – £65,000 – A company which developed a new medical sterilised catheter device called “Steriderm”
Nutrifiz Ltd – £40,000 – The world’s first effervescent wheatgrass tablet
Orwell and Goode – £30,000 – A lifestyle brand creating innovative textile based products including cushions and wallpaper
Adimo – £65,000 – an app which allows brands to add promotional products to their customer’s online supermarket basket
Shot Scope Technologies Ltd – £50,000 – wearable technology that automatically collects scoring and statistical data for golfers
The Wee Tea Plantation Limited – £50,000 – Scotland’s only tea plantation which counts Kensington Palace and Balmoral Hotel as customers
VH Innovation Ltd – £65,000 – designed the “Recoil Kneepad” – new more comfortable and protective kneepad design
Nuwave Solutions Ltd – £10,000 – “Ecohib” – eco-friendly product can protect your heating and cooling systems for up to 5 times longer
Medicen Devise Ltd – £10,000 – Develped a new medical sterilised catheter device called “Steriderm”
Murray & Duncan Ltd – £9,000 – Online platform allowing fixed fee, low cost, access to civil justice, dispute resolutions for SMEs
Cojengo Ltd – £8,000 – Created app solutions to address animal and human health issues in developing world
snap40 Ltd – £7,500 – Device that detects the early warning signs of patient deterioration which can lead to cardiac arrest
Metix Ltd – £6,000 – Developed “CoreMed Aid” – a medical handheld and wearable vital signs monitor
Making Trax Ltd – £5,000 – Sports tour company who provide schools and clubs with a once in a lifetime sporting trip
Hubsolv Ltd – £5,000 – Cloud based CRM software for personal insolvency industry
Beer52.com – £5,000 – Offer monthly delivery of selected independent UK microbrewery craft beers
Barking Rad Ltd – £5,000 – Monthly box of trendy toys, treats and grooming products for dogs
Rebecca Torres Ltd – £4,500 – A luxury Scottish clothing brand specialising in the use of luxurious sports led fabrics
Cargoseat Ltd – £10,000 – Booster seat that doubles up as practical children’s luggage for use when travelling.
SafeSpot Ltd – £10,000 – SafeSpot mobile app – mental health education programme designed for children and young adults
Steam Stripper Plus Ltd – £10,000 – A new innovative product that will enable the quick and easy removal of wallpaper
Swell Rise Ltd – £10,000 – Developed a chia and oats breakfast pot aimed at on-the-go consumers
Surfbuddi Ltd – £10,000 – Cloud based intelligent monitoring system aimed at empowering children to be safer online
Nautilus Beam Ltd – £10,000 – Smartwatch that allows for smarter, faster and more portable text input
ACC+ESS Ltd – £9,500 – Designed a unique model railway wireless control system
SealBoards Ltd – £9,000 – “SealBlades” – will give surfers up to 40% more speed so they can catch more waves.
Playlingo – £8,500 – Buzzlingo – a new type of English language learning game for mobile devices
Social Screen Ltd – £8,000 – “Social Film” – will allow independent film producers platform to crowdfund their film and create buzz
Studio 2080 Ltd – £5,000 – Lights4Kids and MicroDrip aim to help the lives of kids in West Africa