Unlocking Ambition Companies have the EDGE!
by Stephanie Anderson, Scottish Enterprise
The nail biting Scottish EDGE Round 13 Final saw the biggest amount of growth funding awarded to innovative Scottish companies through the competition to date.
With a £1m funding increase from Scottish Enterprise boosting the prize pot, 24 fledgling entrepreneurial businesses were crowned winners, with each taking home up to a six-figure sum to accelerate their business growth.
4 companies from the Unlocking Ambition programme won a place in the Final, which took place at the RBS Conference Centre at Gogarburn in Edinburgh:
- Barry Leaper, LiberEat (RSE UA Fellowship programme)
- Rotimi Alabi (RSE Enterprise Fellow) and Roy Bitrus (RSE UA Fellowship programme), RAB-Microfluidics
- Joan Johnston, Bespoke Fabrics (Scottish Enterprise UA programme)
- Stephanie Terreni Brown, Clean Water Wave (Scottish Enterprise UA programme)
The UA companies were amongst 39 finalists which pitched their business ideas to an expert panel of judges, chaired by Simon Hannah of Filshill and Kerry Sharp of the Scottish Investment Bank and the competition was tough to say the least!
Success came on the night for RAB-Microfluidics taking home a £60,000 award and in a huge win for purpose-driven businesses and social enterprises, Stephanie Terreni Brown from Clean Water Wave won £65,000 in the main EDGE category. Two other RSE Enterprise Fellows also pitched in the two day final - Michael Tougher from Spark and Rocket and Carmen Cummiskey from Teqnox who became a triple EDGE winner, taking home £50,000 from the main EDGE category in this "Lucky" Round 13. Every single one of the companies did themselves and the programme proud and will now benefit from being part of the EDGE alumni network and the incredible support and inspiration it provides to move forward with their ambitions.
As Sir Tom Hunter, the renowned entrepreneur and supporter of Scottish EDGE said: “Scotland has a proud heritage of innovation and through EDGE we’re seeing a renewed spirit of entrepreneurship developing. I’m continually encouraged by the ambition and ingenuity that we see presented on the EDGE stage in a day and age where an original idea is increasingly difficult to come by.”
Very well done to all!