£1.3 million Scottish EDGE funding and support up for grabs

Scottish Edge

Twenty-two Scottish businesses will soon pitch in front of a panel of industry-leading entrepreneurs and business-people for up to £100,000 of Scottish EDGE funding and support to enable them to scale.

Taking place on Monday, June 20th, 2016 at the Royal Bank of Scotland’s Gogarburn Conference Centre, the Scottish EDGE round eight final will showcase Scotland’s most innovative, high-growth potential start-up businesses, with a prize pot of £1.3 million available to boost Scotland’s economy by supporting the country’s small businesses.

The businesses, which represent a wide spectrum of industries and sectors and originate from across the central belt and the north, will be given ten minutes to pitch their company and answer the questions of an expert panel, which includes Lord Smith of Kelvin, Dr Rabinder Buttar, Marcelino Castillo, Stuart Macdonald and Donna Chisholm. The businesses’ pitches will also be watched by an audience of 650 members of the public, investors, business leaders and entrepreneurship supporters.

To reach the final, each business was required to submit an application and video pitch in March 2016, which were assessed by ten industry panels before being invited to give a live pitch to a semi-final panel at one of three semi-finals in May 2016. A total of 239 applications were received.

Now in its eighth round, the Scottish EDGE – which is supported by the Hunter Foundation, the Royal Bank of Scotland and the Scottish Government – has had an unquestionable impact on the Scottish economy. The 170 winners have, to date, created an additional 641 jobs, generated an additional £31.8 million in turnover, and received additional external funding to the sum of £28.4 million.

The final is split in two, with a day-time pitching event, and an evening awards ceremony. The day-time event offers the chance to watch this year’s Scottish EDGE finalists pitch for up to £100,000 in front of the expert panel of judges.

For the 650 expected attendees, the event also offers the opportunity to meet and learn from a variety of Scottish businesses and entrepreneurial support organisations. In particular, we’re excited to welcome Vodafone as our key partner for the current round, who will have a team of experts on hand to support Scotland’s business community. At our evening awards ceremony, we’ll be announcing the winners of the day’s Scottish EDGE pitching rounds, and unveiling the prizes across our other three categories, the Young EDGE, Wildcard EDGE, and Higgs EDGE, the winners of which have already been announced. The event will also include a keynote from Calum Smeaton, founder of Scottish EDGE winning business TVSquared.