Congratulations to the five innovative fintechs each receiving £50,000 from the latest Innovate UK Financial Regulation Innovation Lab (FRIL) innovation call 👏 The startups underwent a six-week programme that connected them with financial institutions across the country that had real-world industry challenges needing solved. Now the funding will support these companies to further develop and deploy their solutions, which will help strengthen operational resilience across the UK financial sector. The innovation call was developed in collaboration with FinTech Scotland. Commenting on the news, its Chief Executive, Nicola Anderson, said: "Operational resilience is essential for a trusted financial services industry. Through the Financial Regulation Innovation Lab, we’re seeing fintech innovation directly address these priorities, shaping practical solutions that strengthen the UK’s financial infrastructure. "The quality of collaboration between innovators, industry partners and regulators in this programme demonstrates the power of purposeful innovation." Read more about the solutions being developed by these five innovative startups ➡️ https://ow.ly/y7ix50XkStP #FinTech #Innovation
Scottish Enterprise
Government Relations Services
Glasgow, Glasgow City 70,023 followers
Putting businesses at the heart of everything we do, our focus is on innovation, investment and international.
About us
We are Scotland's national and international economic development agency, and a non-departmental public body of the Scottish Government. We support businesses to innovate and scale to transform Scotland’s economy, by focussing on the most transformative economic opportunities where we can make the biggest difference: ➡️ Creating an internationally competitive energy transition industry in Scotland. ➡️ Scaling the impact of Scotland’s innovation strengths into high-growth industries of the future. ➡️ Driving capital investment to deliver a step-change in Scotland’s productivity.
- Website
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https://www.scottish-enterprise.com
External link for Scottish Enterprise
- Industry
- Government Relations Services
- Company size
- 1,001-5,000 employees
- Headquarters
- Glasgow, Glasgow City
- Type
- Government Agency
- Founded
- 1991
- Specialties
- Helping businesses grow, Business efficiency support, Export assistance, Innovation and commercialisation support, and Helping companies access finance
Locations
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Primary
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50 Waterloo Street
Glasgow, Glasgow City G2 6HQ, GB
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Broad Street
Marischal College Business Hub 13, 2nd Floor North
Aberdeen, AB10 1AB, GB
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Baldovie Road
Blyth Building, Michelin Scotland Innovation Parc
Dundee, Scotland DD4 8UQ, GB
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99 Haymarket Terrace
Apex 1
Edinburgh, Scotland EH12 5HD, GB
Employees at Scottish Enterprise
Updates
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Are you curious about artificial intelligence (AI) or automation? Do you wonder how it could help your business, what it involves or what skills you need to make it a success? 🤔 You should be 🫵 By targeting your investment towards areas such as technology, automation or R&D, you define your own success. Discover more about the benefits of adopting and embedding AI and automation in your business 👉 https://ow.ly/zw9l50XkOvb #AI #Productivity
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Six months after the Project Willow report outlined Grangemouth's potential, we're delighted to launch the Grangemouth Industrial Cluster Strategy - a clear, unified plan to transform the area into a carbon-neutral hub for sustainable chemicals and clean energy by 2045. Published in partnership with the Grangemouth Future Industries Board, this strategy will play a key role in guiding funding and policy decisions to shape the region’s long-term future and focusses on: ✅ Attracting investment ✅ Driving innovation ✅ Improving transport links ✅ Enhancing the local area ✅ Increasing job and skills opportunities "We want Grangemouth to become a place where businesses can move in and get started quickly, with the right infrastructure, services and connections ready to support everyone from existing businesses to major international investors and ambitious Scottish scale-ups," said Jan Robertson, our Director of Grangemouth Transition. With more than a century of industrial expertise and a highly skilled workforce, it's vital that any investment fully utilises and builds on this expertise and the community's strengths. Jan added: "We’re also working with partners on a detailed plan for how the area could grow and change, ensuring investment goes where it creates the biggest impact. We want to make the most of the existing infrastructure, improve it where needed, and bring together businesses that can benefit from working side by side." Read more from Jan, including plans for an innovation hub, connecting Grangemouth to national infrastructure, and our immediate priorities ➡️ https://ow.ly/y3y450XkiaB Read the report in full 👇📖 We back ambition. #Grangemouth #EnergyTransition
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We helped lift Pict Offshore to new heights, and now their Get Up Safe system is raising offshore wind safety worldwide 🌍 Find out how we can take big ideas to the next level 👉 https://ow.ly/HhYX50XjKFE We back ambition 🚀 #Business #Innovation
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Innovative Scottish Agri-Tech company iLivestock has opened a brand-new headquarters in Dunfermline, a major milestone in its global growth journey 🎉 The purpose-built 8,000 sq ft site brings manufacturing, logistics and administration together for the first time, creating a modern base for product development, collaboration and scale-up. With products already used by farmers in more than ten international markets, the business is expanding rapidly, with ambitions to grow turnover from £1.4 million to £22 million and create new skilled jobs in Scotland. It’s a strong vote of confidence in Fife’s infrastructure, connectivity and talent. We are proud to support iLivestock’s global ambitions through investment, export support and partnership development, contributing to: ✅ Rapid international sales growth ✅ Seven commercial partnerships across seven countries ✅ Award-winning Agri-Tech innovation ✅ Scotland’s expertise showcased worldwide As iLivestock continues to expand, it’s helping family farms become more efficient, sustainable and profitable, through accurate livestock weighing, easier compliance and smarter data-driven decisions. Read more on the new HQ 👉 https://ow.ly/Wsji50XjSRK Read more on the company’s global success story 👉 https://ow.ly/qgvW50XjSRJ We back ambition. #Innovation #Growth
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1. A natural desire to help 2. Unmatched global access 3. Targeted, expert support These are the top three reasons Brian Donaldson from Orlo Energy appreciates the GlobalScot network ⭐ “You actually have people who know," he says. "I’m always going to get either information or help that I’ve not been able to access elsewhere.” Brian received targeted advice and international market insights from GlobalScots in Denmark and Houston, helping him to build confidence to explore new opportunities. GlobalScots also offered Brian reassurance about the company’s model and direction. “I come from a world where connections are everything. So having conversations with people of the calibre of GlobalScots, that’s an exceptional opportunity," he says. The GlobalScot network is free of charge and open to companies across Scotland. Register now to get started on your journey 👉 https://ow.ly/29CN50XjevX #Business #Scotland
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We’re excited to launch the next phase of our US MarketBooster programme, helping ambitious Scottish tech companies accelerate their expansion into the world’s largest tech market, with direct exposure to Silicon Valley 🙌 Reuben Aitken, our International Managing Director, said: "The second group of companies joining our US MarketBooster programme reflect the ambition and innovation we see across Scotland’s tech and science sectors. This is about helping businesses grow faster and with greater confidence as they enter one of the world’s most competitive markets." Introducing the latest cohort: • ESG360° - ESG data insights for smarter decisions • ePass - digital licensing and compliance • Fanbase (Techstars Sports ‘24) - modern ticketing for sports + live events • GLITCHERS - using gaming to advance health research • Halodrive - autonomous vehicle technology • Neuranics - deep-tech semiconductor pioneers This next phase builds on the success of last year’s inaugural cohort, which has already: ✅ Forecast £23.4 million new sales over 3 years ✅ Created 60+ new jobs ✅ Achieved US revenue 6–12 months faster than typical unsupported entry “The programme gave us invaluable focus and momentum… and directly led to us winning an ideal customer.” Ross Gray, CEO, Cloudsoft.io We can’t wait to see what this new group achieves as they take their innovation and growth ambitions to the US 🌍✨ For the full article 👉https://ow.ly/PnZw50Xjc1A #Scotland #Tech #Innovation
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We've been developing a series of factsheets looking at different aspects of hydrogen infrastructure, to help supply chain companies understand the specific opportunities available to them in this growing industry. The factsheets will help you identify areas in which your existing products and services can be used directly for - or adapted to fit - hydrogen technologies. You’ll also get a sense of whether you’ll need to invest in any new equipment, facilities, or staff skills to benefit. We've already published four: ➡️ Hydrogen electrolysers ➡️ Low carbon hydrogen from methane reforming ➡️ Compression, storage and distribution of gaseous hydrogen ➡️ Hydrogen refuelling stations And we are delighted to announce the publication of our new E-methanol factsheet 🆕 👇 Download them from our website today 👉 https://ow.ly/6rhL50XiUQn 📍 If you're attending the Hydrogen Scotland Conference in Glasgow this week, Fiona Elliot and Jamie Robinson will be running a Supply Chain Workshop today at 1.30pm-3pm in the main auditorium, where they will discuss the factsheets. Other hydrogen specialists will also be at the show, so make sure you find them if you have any questions about the factsheets and the many opportunities the hydrogen industry can offer your business and more importantly, how we can help your business to access these 🗺️ #Hydrogen #EnergyTransition
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Tay Therapeutics Ltd is a great example of how our unique co-investment model can work with private sector investors to unlock exciting opportunities for innovative Scottish companies. Find out how we can help you find the right source of finance and secure investment to grow your business 📈👉 https://ow.ly/hJvp50XisCf #Investment #Growth
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What do you get when you combine the love of cricket with emerging tech? Scotland's leading outside broadcast provider of course 🏏📺 From passion project to production powerhouse, QTV has seen rapid growth over the last few years by making strategic capital investments. In 2021, this forward-thinking company became the first Scottish media firm to adopt the Remote Integration Model (REMI). By 2022, it bolstered this innovation with a cutting-edge remote production and broadcast facility in Glasgow 🏢 These investments were pivotal in the company's growth plans, and led to securing a contract with the Scottish Professional Football League 🏆 Not resting on its laurels, the company made further multi-million pound investments at its Glasgow facility in 2023. This helped increase production capacity and core technical infrastructure. It also contributed to winning its first contract with Sky Sports, putting it in the arena alongside other major UK and global facilities providers 🤝🎯 QTV has been at the forefront of innovation, adapting its remote and cloud production technologies to drive success. It's ambitious for growth and recognises that by targeting investments towards areas such as technology and R&D, you define your own success. We've backed it along the way with deep expertise from our team, and almost £1 million of funding support. Read about QTVs hat-trick of tech, talent and transformation and see how we could also support your business' ambitious growth plans 👉 https://ow.ly/gbS950Xeaig #Innovation #CapitalInvestment
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