Business Quarter

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:

ScotEDGE winners:

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

 

YoungEDGE winners:

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

 

WildCardEDGE winners:

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

http://www.bqlive.co.uk/2015/06/16/scottish-edge-winners-secure-funding-boost/

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Louise Jack
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