Tuesday, 09 June 2021 11:02

MIT and Harvard to help Scottish entrepreneurs SCALE new heights

Ambitious entrepreneurs in Scotland are set to benefit from a new five-year international development programme, launched this week.

Three public agencies in Scotland have teamed up with leading entrepreneurial teachers from the Massachusetts Institute of Technology (MIT), and Harvard Business School to run the Scotland CAN DO SCALE programme, the first of its kind in Scotland.

The SCALE programme is an initiative that will offer high impact, internationally focused training for both start up and scale up entrepreneurship. Experienced Scottish entrepreneurs and world-leading academics will also be invited to deliver parts of the programme, sharing their knowledge of the challenges and routes to success for growing a global business from Scotland.

The SCALE programme offers a new opportunity to address a large number of both future entrepreneurs with a new business idea and entrepreneurs who have an existing business they want to scale up. They will work together to develop their global skills and expand their networks. The programme will boost Scotland’s status as a dynamic business location, result in an increase in the number and range of high growth businesses and enhance attractiveness to international investors.

Highlands and Islands Enterprise (HIE), which has an existing successful long standing relationship with MIT, is leading the public sector involvement in SCALE, working closely with the Scottish Funding Council and Scottish Enterprise.

The inaugural SCALE Entrepreneurship Summer Workshop will take place in August 2015 in Stirling, giving up to 70 entrepreneurs the opportunity to take part. From January 2016, the SCALE programme will expand into a 12 month programme including additional multimedia learning, face to face, pitch training sessions, team formation activities and challenge events.

Deputy First Minister John Swinney said: “The establishment of Scotland’s first international entrepreneurship summer school is great news for all business people in Scotland. The new SCALE Programme will complement the excellent business education already delivered by Scotland’s Universities and will bring world class entrepreneurship training straight to Scotland’s most promising innovators. The substantial expertise in company growth that MIT and Harvard will bring gives both start-up and existing companies a fantastic opportunity to rapidly improve their development potential and business skills.”

The SCALE programme builds on the momentum that has been established in part from the Scottish Government placing innovation and entrepreneurship at the heart of Scotland CAN DO, and Scotland’s Economic Strategy. It also addresses a number of recommendations from the REAP Scotland Report published in October 2014 for on the ground actions that can help make Scotland the most entrepreneurial country in the world.

Charlotte Wright, director of business and sector development with HIE, said: “We are encouraging both existing and potential entrepreneurs from across Scotland to consider this exciting new opportunity and there is considerable interest from many of those we already work with.

“SCALE will offer internationally excellent coaching, led by practitioners, for entrepreneurs starting up or expanding their business operations. It will be accessible to all current and future ambitious business founders and management teams in Scotland. It will set a very high standard for this type of development opportunity in the UK and Europe and will create wider opportunities within undergraduate and executive education in Scotland.”

Welcoming the initiative, Sandy Kennedy, chief executive of Entrepreneurial Scotland commented: “World class training, an international outlook and strong connectivity between entrepreneurs who are starting out and those already running business are identified as vital ingredients in our collective vision for Scotland to be the most entrepreneurial society in the world. The more we can collaborate across all sectors to bring like -minded individuals together and learn from each other, the more chance we have of achieving our ambition.”

  • Facebook Page: 165971433539526
  • Twitter: SBNNAberdeen
  • YouTube: aberdeenbusiness

Scottish Business News Network (SBNN)
111 Gallowgate
AB25 1BU

T - 01224 619751

E - This email address is being protected from spambots. You need JavaScript enabled to view it.