Tag: Royal Bank of Scotland

35 winners share prize fund of £1.5 million at 25th Scottish EDGE Awards

Scottish EDGE returned for its 25th round as 35 winners with high-growth potential took home £1.5 million in prize money.

The awards ceremony was hosted by Royal Bank of Scotland at Citation in Glasgow city centre and united entrepreneurs who made it through the competitive pitching process to secure funding.

There were 8 different winners from Edinburgh, each benefiting greatly from their share of the £1.5m prize find. Those Edinburgh businesses are:

  • GoodBridge App LTD
  • Amytis
  • Broonie Limited
  • Swift Aeronautics Ltd
  • Raygonal Ltd
  • VibraSpex
  • Glitchers Lab
  • JAC Trades ltd, Trading as The Cycling Gardeners

Deputy First Minister, Kate Forbes, delivered a special message congratulating the winners and acknowledged the vital role entrepreneurs play in shaping Scotland’s future economy. In her remarks, she highlighted the passion, creativity and determination of all the entrepreneurs who made it to the finals.

The biggest winner at the awards was Vanilla Farms, who cures and supplies premium-quality vanilla using sustainable, high-tech agriculture. The business received a total of £150,000 from the newest addition, Missions EDGE, supported by Scottish Enterprise.

Veteran awards categories also returned for the 25th round, with the £100,000 Scale EDGE Award, supported by Royal Bank of Scotland, going to accredited Royal Yachting Association (RYA) training centre, Ardent Training.

Meanwhile, Shifted Group and Swift Aeronautics secured funding as the top £15,000 Young EDGE Winners, supported by Techscaler and IOE Foundation respectively.

Those successful in Wild Card, which provides grants to pre-trading businesses, included digital game apparel designer, Haggis Studios, who received the category’s top £15,000 award.

The STV supported award of £70,000 plus £75,000 worth of ad airtime was given to innovative kitchen provision maker, Goat Rodeo Goods, while Green Crop Tech, an agritech start-up developing a dual-action biostimulant, emerged as winner of the Scottish Government backed Pathways category, winning £70,000.

Round 25 also saw the return of the £100,000 Circular Economy EDGE Award, which is supported by Zero Waste Scotland, and went to New Found Hope for its therapeutic footwear innovations to address the issue of toe-walking in neurodivergent children.

Narture CIC, who bakes artisan sourdough while supporting community, creativity, and social inclusion, won £75,000 in the Social Enterprise category, supported by the Postcode Innovation Trust.

Elsewhere, the Creative EDGE Award, facilitated by support from Creative UK, which champions, connects and promotes the development of the creative industries across the United Kingdom, gave a boost of £75,000 to SaaS live concert streaming service, Everyday People.

Deputy First Minister Kate Forbes said: ““Scottish EDGE has played a central role in supporting emerging entrepreneurial talent and innovative business ideas for many years and I am proud that the Scottish Government continues to be long standing partner of the awards.

“I am also pleased that a growing number of businesses and private investors are supporting the vision behind Scottish EDGE. Scotland’s entrepreneurs and start-up businesses are the lifeblood of our economy and we must do all we can to encourage and foster the incredible talent and innovation in evidence right across the country.”

Judith Cruickshank, MD Commercial Mid-Market at the Royal Bank of Scotland, said: “Congratulations to Ardent Training and all the winners of the 25th round of EDGE. Ardent is a fantastic example of a business that continues to scale and grow.

“We know that entrepreneurship is key to unlocking economic growth across the country and, through our involvement with Scottish EDGE, we celebrate these successes as well as the innovation and creativity taking place across the ecosystem.”

Jane Martin managing director of innovation and investment at Scottish Enterprise said: “Congratulations to all of the winners as well as the innovative team at Vanilla Farm the winner of the new Mission EDGE award and it will be exciting to see what is next in store for these agritech entrepreneurs.

“Mission EDGE reflects Scottish Enterprise’s focus on priorities around energy transition, boosting capital investment and scaling high-growth industries of the future such as industrial biotechnology.

“We are targeting our support to help deliver transformational change for Scotland’s economy and the Scottish EDGE awards uncover talented innovators that will shape the business landscape for generations to come.”

Evelyn McDonald, CEO of Scottish EDGE added: “Reaching our 25th round is a true testament to the resilience, ambition and creativity of Scotland’s entrepreneurial community.

“With every round, we continue to see businesses not just innovating, but actively contributing to a better future, whether it’s through sustainability, social impact, or cutting-edge technology.

“We’re incredibly proud to support them on their journeys and excited to see what the future holds for this new group of winners.”

Edinburgh based housing association secures £13m funding injection

  • £13m refinancing loan from Royal Bank of Scotland enables Manor Estates Housing Association to continue to maintain and improve the quality of its affordable housing while delivering new homes in South Queensferry.
  • Funding injection forms a key part of the bank’s commitment to invest £7.5bn into the UK affordable housing sector between 1 January 2024 and year-end 2026.     

Manor Estates Housing Association Ltd (MEHA), a registered social landlord and charity based in Edinburgh, is celebrating its 30th anniversary as it secures a £13 million funding injection from Royal Bank of Scotland.

The organisation, which has been providing social housing in Edinburgh since 1995, will use the funding to refinance a former housing loan and the balance will be used to fund MEHA’s mission to maintain and improve the quality of its affordable housing.

With around 1,100 homes across the capital, MEHA has a long-standing commitment to delivering excellent housing services, developing new housing, with effective governance and financial management to secure the long-term future of the organisation. As proof of MEHA’s commitment to housing, they have recently completed the first phase of a new development in South Queensferry.

This support from Royal Bank of Scotland is part of the NatWest Group’s broader ambition for the UK affordable housing sector to fund £7.5bn across the UK between 1 January 2024 and year-end 2026. 

Kathryn Miller, Corporate Services Director & Depute CEO of MEHA, said: “We are delighted to be working with the Royal Bank of Scotland and are looking forward to a long and positive working relationship between both organisations.

“Part of the new funds will help fund improvements in our housing stock over the next few years.’’  

Jamie Landa, Real Estate Finance at Royal Bank of Scotland, commented: “Royal Bank of Scotland and the wider NatWest Group continues to be one of the leading lenders to the UK social housing sector.

“Manor Estates Housing Association (MEHA) has a long history in providing quality and affordable social housing in key regions of Edinburgh and the East Coast and we are delighted to be able to facilitate further support for their ongoing projects here in Scotland.

“As the organisation enters its 30th year in operation, it is great to help it prepare for the future and create opportunities for more people to enjoy access to affordable social housing.”

This funding injection comes after Royal Bank of Scotland concluded a lending transaction of £19 million for social housing developer Eildon Housing Association, with the Housing Association planning to deliver nearly 800 new homes in the Scottish Borders.

More information on Royal Bank’s social housing ambitions can be found here.

Royal Bank of Scotland encourages customers to spread Christmas cheer in support of homelessness charity

Royal Bank of Scotland has introduced a new way for its customers to support Social Bite in the fight against homelessness this festive season.

Through its mobile app based MyRewards programme, customers can now easily donate their available Rewards (over £5) to buy someone experiencing homelessness a Christmas dinner with Social Bite. Royal Bank of Scotland has also pledged to match all donations to any of its 16 MyRewards charities, including Social Bite, up to the value of £50 until 31st December, up to a total of £150,000.

The initiative comes as part of Social Bite’s ‘Festival of Kindness’ – an annual mission that aims to provide 300,000 meals, gifts, and essential items to people who are homeless and vulnerable this Christmas.

Royal Bank of Scotland has previously worked with the Scottish charity to open a coffee outlet for colleagues and visitors in its Royal Bank HQ in the capital Edinburgh, as well as launching a public coffee shop at its NatWest site at 440 Strand, London.

Since the launch of Festival of Kindness in 2020, Social Bite has successfully distributed 1.1 million meals, gifts, and essentials to people who are homeless during the festive period.

Judith Cruickshank, Chair, Scotland Board, Royal Bank of Scotland, said: “Social Bite makes a positive difference to some of the most vulnerable people in our communities. The festive season often brings into focus the hardship so many face every day.

“We know that people want to help but don’t know how. We’re excited to support Social Bite’s inspiring ‘Festival of Kindness’ initiative, giving our customers a way to gift a homeless person a warm meal.

“We encourage everyone to join in and help make the festive season a little brighter for the most vulnerable in our society.”

Josh Littlejohn MBE, Founder of Social Bite, added: “Social Bite is proud to have had the support of Royal Bank of Scotland for a number of years, and together, we’ve made great strides to help people break the cycle of homelessness.

“For many of us, Christmas is a period where we look forward to spending time with friends, family and loved ones. However, the reality is very different for people without a place to call home over the festive season. With homelessness rising across the UK, it’s more important than ever that we do what we can to help people affected by homelessness and food poverty.

“A big thank you to all the wonderful Royal Bank of Scotland customers who chose to donate their rewards to Social Bite. Your contribution will make a real difference to someone in need, including a hot meal with all the trimmings in loving company on Christmas Day.”

Social bite Christmas 2024 From left to right: Billy, Jim and Social Bite team member Ambreen

To find out more about Royal Bank of Scotland’s MyRewards and the other charities which are being supported, please visit: 

https://personal.secure1.rbs.co.uk/app/MyRewards

Information on Social Bite’s Festival can be found: https://www.social-bite.co.uk/

Social Bite team member Tessa and Scott

“Transformative” partnership aims to keep hostelling affordable and sustainable amid rising costs

Energy consumption has plummeted at one of Edinburgh’s biggest hostels as the result of a pilot programme designed to keep costs down for visitors while improving sustainability.

After the success of the innovative energy saving programme at Edinburgh Central Hostel, Hostelling Scotland is now exploring how to roll out the energy saving programme across their portfolio of larger hostels which are open all year round.

The ‘Eyes on the Energy’ trial came after Hostelling Scotland was introduced to energy monitoring solutions company, Energy Saving Bear through Royal Bank of Scotland.

The partnership saw the hostel install high-tech sensors to measure electricity usage throughout the premises, allowing the team to pinpoint exactly where and how much energy was being consumed or wasted and providing a clear foundation for developing effective energy-saving solutions.

The project, which is on track to achieve a return on investment in less than six months, has already resulted in a 19% drop in consumption in just four months.

Margo Paterson, CEO of Hostelling Scotland, said: “The results of this trial could be transformative for our Edinburgh Central Hostel – and hostels across Scotland.

“With energy prices affecting the sector, we are on a mission to make travelling in Scotland accessible and affordable to visitors. The beauty of hostelling is how it provides opportunities to a wider group of people to explore more of what our beautiful country has to offer. 

“As an organisation, we are always experimenting with ways to make sure we give people the chance to travel while reducing their impact on the environment. We’re very pleased to see this trial showed significant energy savings and reduced carbon emissions.”

Located at the top of Leith Walk, Edinburgh Central Hostel is in a prime city centre location and is visited by travellers from across the globe looking for a budget stay, as well as being a place for carers and Parent Network Scotland to use for respite breaks. It also enables youth programmes to give disadvantaged young people the opportunity to see part of the country they might not have been able to.

Kevin Havelock, Head of Commercial Mid Markets at Royal Bank of Scotland, added: “By introducing Hostelling Scotland, our long-standing customer, to Jamie and the team at Energy Saving Bear, we empowered them to harness smart technology and innovative solutions.

“This collaborative effort led to a deeper understanding of energy consumption patterns and inspired a cultural shift towards sustainable practices.

“The early success of this partnership is a testament to the strength of collaboration.  By uniting efforts and sharing a common purpose, we have achieved significant results.”

To find out more about the support Royal Bank of Scotland provides to businesses to grow and scale, click here.

Scottish businesses invited to attend sustainability webinar with Royal Bank of Scotland

On 29th October, Royal Bank of Scotland, in collaboration with the Supply Chain Sustainability School, will host an open webinar session to help businesses in Scotland to take advantage of the opportunities presented by the local transition towards net zero.

The free-to-attend webinar is part of Royal Bank’s education programme to provide practical support and guidance for business. The webinar will share insight into the fast-growing net zero opportunities across the built environment and follows the recent provision of retrofit training classes for the UK construction industry.

The session will offer commentary from industry experts who will highlight the significant opportunities available in Scotland by demonstrating key policy and sector standards creating the need for change, as well as outlining key pipelines of work in net zero built environment in the region.

Speakers include a keynote from Sean Smith, Director of Future Infrastructure at University of Edinburgh, followed by contributions from Nick Ribbons from Zero Waste Scotland, Angela Pllu, Senior Environmental Sustainability Manager, Balfour Beatty and Callum Scott, Senior Sustainability Manager, Multiplex.

The sessions will also help local businesses understand the change happening in their region around net zero, how businesses and pipelines of work are reacting to this and what these opportunities mean for them.

Laura Capper, Head of Manufacturing & Construction at NatWest Group said: “As a key supporter of UK business, NatWest Group aims to back proactive and ambitious businesses that are committed to developing their environmental credentials and achieving growth goals alongside making meaningful differences for customers and communities alike.

“We are launching this session to help Scottish businesses take advantage of the changes impacting the local landscape. Sustainability is becoming an essential part of everyday business, and we want to help leaders to understand and embrace the opportunities presented.”

Launched in 2012, the Supply Chain Sustainability School is a free virtual learning platform around sustainability, with the aim to upskill those working within, or aspiring to work within, the built environment sector.

Holly Hansen-Maughan, Sector Manager for Retrofit and Future Workforce at SCSS, said: “The transition to a net zero built environment is a significant challenge. However, it is also a massive opportunity for businesses across the country.

“That is why it is so important businesses understand the opportunities being taken, and created, in their regions”

Callum Scott, ESG Lead – Scotland, Multiplex said: “In this crucial decade of climate action it is imperative that businesses step up as a force for good. In doing so, there is a significant opportunity to generate new value propositions and create a more resilient value chain.

“The supply chain is often where the largest impact can be made, which is why Multiplex are delighted to be supporting the Supply Chain Sustainability School and Royal Bank’s efforts to provide accessible and tangible resources to those looking to seize the net zero opportunity.”

Professor Sean Smith, Director, Centre for Future Infrastructure, Edinburgh Futures Institute; Chair of Future Construction, University of Edinburgh said: “Net zero is heavily dependent on business and industry sectors working closely with their supply chains.

“The collective positive actions from so many working together has a positive legacy far beyond our current generations.”

The webinar will take place on 29th October at 12 – 1pm.

Businesses interested in attending can register through the following link with Royal Bank of Scotland here.

The Refillery awarded £10,000 grant from Hatch and Royal Bank of Scotland

AN EDINBURGH-based entrepreneur and their business has been awarded £10,000 to support their businesses’ future growth plans and ambitions.  

Kelly Wright and her business The Refillery have been given the grant funding by the entrepreneurship charity Hatch Enterprise in partnership with the Royal Bank of Scotland. The Refillery is one of 10 businesses across the UK to receive a share of the £100,000 grant funding round in celebration of Hatch’s 10th anniversary.   

The Refillery is a plastic-free and ethical goods store located in the capital on a mission to bring plastic free shopping to as many people as possible.  

Kelly Wright, Founder of The Refillery, said:  “We are delighted to be reaching out to more people in the Edinburgh area to bring liquid refills to their doorstep. This is a major step forward for us in eliminating even more needless plastic from the system.  

“It has been a challenging few years for ethical, independent businesses like ours. This grant will help us to launch this much quicker than anticipated, adding much needed additional revenue which will ensure a sustainable future for The Refillery.”  

The grants have been set up to enable business founders from diverse backgrounds to overcome barriers to growth typically faced by these groups in the start-up sector.  

Applications in this round were open to graduates of Hatch programmes, targeting support at underrepresented founders. ​​Of the awardees, nine were female founders, three were from an ethnic minority background and five were disabled. Nine out of the 10 grants were awarded to founders based outside of London.  

Rebekah Capon, Managing Director at Hatch Enterprise, said: “Our mission at Hatch is to build a better world through entrepreneurship, supporting those typically underrepresented in the sector to launch and grow sustainable, successful businesses. Access to funding is a huge barrier to growth for any business, and even more so for historically marginalised communities.   

“This partnership with NatWest is the perfect way for us to mark our tenth year as a charity, and we’re so pleased for the ten incredible founders awarded funding. Receiving these grants of £10,000 will make a real difference to the founders themselves, their businesses, and their wider communities.”  

Hatch is supported by Royal Bank of Scotland, which is part of NatWest Group. As the biggest bank for start-ups in Great Britain1, NatWest Group provided funding for the grants and has been a longstanding supporter of Hatch, donating £1 million pounds to the charity last year to accelerate its work.

The bank also sponsors Hatch’s Launchpad and Incubator programmes, helping entrepreneurs to develop the knowledge, skills, confidence and network needed to launch and grow their business.   

James Holian, Head of Business Banking at NatWest, said: “At NatWest we believe no matter who you are or where you come from, with the right support, entrepreneurs from any background can succeed in business.

“Our research shows that breaking down barriers to entrepreneurship will not only make the UK fairer, but also stimulate growth of the wider UK economy.”   ​​  

The Grassroots of Business at the Royal Highland Show

On the 44th year as partner to Scotland’s largest agricultural event, Royal Bank of Scotland showcases some of the businesses who can see a new future in farming:

On Thursday, The Royal Highland Show returned to Edinburgh. The event follows the sixth wettest spring in history in the UK, creating untold pressure for the sector, which employs almost 70,000 people here in Scotland.

Accounting for a greater percentage of GDP in Scotland than the rest of the UK, agriculture plays a key role in Scottish cultural and business life.

This year marks Royal Bank of Scotland’s 44th year as partner to the event – the longest partnership in the bank’s history. But the bank is taking the opportunity this year to showcase businesses looking to the future of agriculture through a different lens and seeing where new opportunities lie.

To demonstrate its support for farming entrepreneurs, Royal Bank has allocated its activation space to platform two exciting businesses on the Royal Bank of Scotland Accelerator Hub programme who will exhibit across the weekend.

One such business is Glasgow’s Naked Kimchi, founded in 2021 by Katerina Hayes who is originally from the Ukraine and is now British.

Katerina introduced traditional Ukrainian fermenting practices to Scotland 16 years ago, producing a 100% vegan, free-from kimchi with her father’s authentic recipe. In response to ongoing world events, Naked Kimchi & Co has provided employment opportunities for displaced Ukrainian people.

Naked Kimchi & Co’s approach commits to pioneering mindful eating and emphasises the importance of gut health. The business supports local farmers, aiming to shorten the supply chain, and provide a delicious superfood that is loved by both individuals and the restaurant industry. Their efforts contribute to better food security while bringing fresh, delicious kimchi to chefs’ tables.

By harnessing the potential of overlooked “wonky” vegetables and utilising every part of the harvest, Naked Kimchi helps to reduce greenhouse gas emissions while creating a healthy superfood that benefits individuals and contributes to building better food security.

In recognition of the business’ success, Katerina and Naked Kimchi have recently picked up a Scottish Edge award, receiving £65,000 funding to continue to back their sustainability mission.

Naked Kimchi will be joined by West Lothian entrepreneur, Marie-Claire and her business, Dream Magic Superfood Powders.

After experiencing the health benefits of superfoods first-hand, having tried multiple options when tired and burnt out from raising a family and working as a fitness coach, Marie-Claire spotted an opportunity to help Scots live a healthier life and brought her own blend to market.

Using her qualifications in health and nutrition, Marie-Claire has led the business from strength to strength and Dream Magic Superfood Powders now offers six different blends for customers to choose from.

With the platform provided by Royal Bank of Scotland across the weekend, both businesses will be able showcase their produce and provide free samples while building industry connections and brand awareness.

The businesses are both on the Royal Bank Accelerator programme.

Entirely free, the Entrepreneur Accelerator initiative is aimed at high-growth businesses looking to scale. It provides access to coaching, mentoring, events and co-working hubs with the intention of helping fledgling businesses to unlock new markets, attract new talent, access growth funding and to build leadership skills and scalable infrastructure.

You can support Naked Kimchi here https://nakedkimchi.co/ and Dream Magic Superfood Powders here https://dreammagicsuperfoodpowder.co.uk/

Katerina, CEO Naked Kimchi commented: “We are deeply grateful for the support we’ve received from the Royal Bank Accelerator Programme. The guidance and resources on offer have been pivotal in helping us scale and grow the business.

“Being given the platform to attend the Royal Highland Show is testament to the backing we’ve been given as a business and we’re looking forward to sharing our passion for authentic Kimchi with the industry and to connect with fellow food and environmental enthusiasts”

Marie-Claire, CEO Dream Magic Superfood added: “The expertise and opportunity provided by the Accelerator programme has been transformative for my journey as an entrepreneur, enabling me to grow my business and further develop my skillset in sales and marketing to running and operating a successful business.

“The accelerator has helped me to navigate challenges along the way and to lay a strong foundation for sustainable growth.

“We are incredibly excited to exhibit our superfood powder range at the Royal Highland Show. This event is a fantastic platform us to build our brand profile with the industry and customers alike.”

Support for the agricultural industry offered by the bank includes:

Agriculture Relationship Managers: Royal Bank has specialist advisers working as agricultural relationship managers able to understand the unique needs of land-based businesses. One third of these are women.

Finance: In July 2022, NatWest Group, of which Royal Bank is a part, confirmed a £1.25billion lending package for farmers, taking its total lending capacity to the agriculture sector to over £6.7billion. The extended support came as farmers face multiple cost challenges as fertiliser, fuel, feed and energy costs continue to rise.

Women in Agriculture: Since 2017, Royal Bank of Scotland has been heavily involved in the Women in Agriculture group, providing mentors and specialist support to help equip women with the tools they need to counter the barriers they face in their careers.

Chartered Banker Institute: All Royal Bank agri-relationship managers are independently accredited by the Chartered Banker Institute (supported by NFU Scotland).

Scottish tour operator on the road to growth thanks to £2m Lombard funding 

A travel operator offering unique experiences of the Scottish Highlands has upgraded its existing fleet thanks to a £2m funding boost from Lombard, part of the Royal Bank of Scotland Group.

Headquartered on Edinburgh’s Royal Mile, Highland Experience Tours has chartered trips that offer tourists an alternative way to explore Scotland’s rural landscapes since it was founded nearly two decades ago.

Ran by a team of expert tour guides, Highland Experience’s trips focus on exploring less travelled routes, meaning customers can enjoy an authentic travel experience and avoid notoriously crowded spots.

Starting out with just one vehicle, the firm’s leadership team has since grown its fleet to nearly 30 luxury mini-buses and small to full size coaches. Lombard’s support will allow Highland Experience to purchase an additional five Grand Toro coaches – a move which will result in the creation of more than 20 new jobs and a boost to the rural economies it works in.

The travel provider is committed to promoting sustainable tourism and has been awarded a Gold Green Tourism Business Award in recognition of its work to protect the environment, prioritising local suppliers wherever possible and providing eco-friendly driving training to its coach operators.

Despite enjoying steady growth since 2005, the firm faced unprecedented challenges during the pandemic and was forced to downsize its previous fleet in 2020. This new investment marks a renewed period of growth for the team, who are currently gearing up for the 2024 summer season as they prepare to welcome more customers on board.

The £2m deal was afforded by Lombard and managed by Royal Bank of Scotland.

Michael Bremmer, Managing Director at Highland Experience Tours, said: “Ever since we first started Highland Experience Tours, we have been passionate about creating an authentic way to explore Scotland’s hidden beauty which also gives back to the communities and landscapes we operate in.

“Like many in our industry, Covid was an incredibly challenging time for us, and we had to essentially halt our services with no real idea of when we’d be able to begin again. This obviously took its toll, but we remained determined to come back stronger than ever and have been able to grow the business to beyond even pre-pandemic levels.

“Investing in this new fleet marks a new chapter for us, and we’re incredibly grateful for the support of Royal Bank of Scotland and Lombard in helping us reach this milestone.”

Steven Gillies, Senior Relationship Manager at Royal Bank of Scotland who facilitated the deal with Lombard added: “Having worked with Highland Experience Tours since 2019, it’s been a privilege to watch the team recover from the pandemic and continue to grow their services and offering.

“Royal Bank of Scotland is committed to supporting enterprise and Highland Experience Tours is a great example of a resilient business who are focussed on looking to the future.

“Its unique approach to tourism is helping to promote Scotland’s rural landscapes to the world – bringing a significant economic boost to the communities within them – and we look forward to continuing our banking relationship for years to come.”

To find out more about the support Lombard provides, click here

Two new awards and 35 winners take centre stage at Scottish EDGE 

 Scottish entrepreneurs share £1.5 million prize fund as 23rd round of awards takes place

35 businesses with high-growth potential are celebrating after winning shares of a £1.5 million prize pot at Friday’s Scottish EDGE award ceremony.

For their 23rd round the awards returned to the Royal Bank of Scotland Conference Centre in Gogarburn, Edinburgh, with winners hailing from across the country, from Orkney to the Borders.

This year’s ceremony saw the introduction of two new awards which are set to open new avenues for aspiring entrepreneurs. The inaugural £80,000 Scale EDGE Award, which is supported by Royal Bank of Scotland and includes access to a high-growth account manager and placement on one of Scale-Up Scotland’s growth programmes, was awarded to Edinburgh based Talonmore Drinks, a family-run business producing ginger-based alcohol alternatives.

Meanwhile a new Creative EDGE Award, facilitated with support from Creative UK, which champions, connects and promotes the development of the creative industries across the United Kingdom, gave a boost of £100,000 to Una Watch, which produces sustainable, repairable-at-home, modular GPS sports watches. 

Veteran award categories returned for the 23rd round, with sustainability remaining a key focus. The Circular Economy Award, supported by Zero Waste Scotland, went to Evolve Metals, who secured £90,000 for their development of a copper refinery which refines metals from scrap, while Smart Gym CIC, which supports families through innovative and affordable wellbeing services, won £75,000 in the Social Enterprise category, supported by the Postcode Innovation Trust.

The Young EDGE and Wild Card categories returned this round, with the former supporting companies whose managing directors are under 30 and the latter providing a grant to pre-trading businesses which need support to bring their products to market.

Winners of the Scottish EDGE supported Young EDGE award included Lairg-based Candles from the Croft, which won £10,000 for its sustainable, vegan and cruelty-free luxury fragrances, while seven businesses were successful in the Wildcard Category, including West Linton-based Hulk Bio, which was awarded £15,000 towards its production of stem cell-based human milk for infants in cases where breastfeeding is not possible.

The STV supported award of £70,000 plus £75,000 worth of ad airtime, went to Alloa fudge makers Ochil Fudge Ltd, while the women-led business StrEAT Events emerged as winner of the Scottish Government backed Pathways category, winning a £75,000 award for their online catering marketplace.

Judith Cruickshank, MD Commercial Mid-Market at the Royal Bank of Scotland and One Bank Scotland Chair, said: “The Scottish EDGE awards offer a fantastic opportunity to showcase the talent and ingenuity within Scotland’s entrepreneurial community, and the addition of two new categories for this year illustrates how that depth of skill and creativity continues to grow.

“Royal Bank of Scotland once again was delighted to host the finals here at Gogarburn and we would like to congratulate all those businesses who were awarded funding at last night’s awards.

“We are proud to have supported the inaugural Scale EDGE award and extend our special congratulations to the category winner Talonmore Drinks and look forward to supporting the business as it takes its next steps.”

Sir Tom Hunter, entrepreneur and philanthropist said: “Scottish EDGE is a key driver of economic growth, a critical stepping stone for many scaling businesses and its refreshing that earlier this week our Government recognised that with additional funds to support more entrepreneurs intent on building successful businesses.

“Their success builds Scotland’s success – nothing more needs said.” 

Jane Martin, Managing Director of Innovation and Investment at Scottish Enterprise said:“We’re delighted to continue our support for the Young EDGE category, which never fails to deliver a wealth of talented entrepreneurs.

“It’s incredibly exciting to see these innovative young people turning their ideas into businesses that will develop and flourish, and I’d like to congratulate all this year’s Scottish EDGE award winners, who look set to do amazing things both for Scotland’s economy and society as a whole.”

Evelyn McDonald, CEO of Scottish EDGE, said: “It’s been an honour to help unlock the huge potential within the Scottish business landscape through the 23rd round of the Scottish EDGE.

“With the introduction of two new awards this year – the Scale Award and the Creative Award – we’ve been able to dedicate more resources than ever to giving promising Scottish entrepreneurs a helping hand on their journeys.

“We would like to express our gratitude to all our partner organisations and supporters for their contribution towards helping our businesses to thrive”. 

Supported by The Hunter Foundation, the Royal Bank of Scotland, the Scottish Government and Scottish Enterprise, Scottish EDGE has a key role to play in facilitating the nation’s economic growth.

List of winners (alphabetical) 

Scottish EDGE

  • Clean Carbon UK – £85,000 – West Lothian – A circular economy through carbon capture and utilization that provides a reliable and green supply of CO2. 
  • Confidence Plus – £100,000 – East Kilbride – Confiplus has been created to contain leaks from stoma bags to allow the wearer time to get to a toilet without soiling their clothing/bedding.
  • Evolve Metals – £90,000 – Circular (Zero Waste Scotland) – Edinburgh – We are building a copper refinery. Our patented technology developed with the University of Strathclyde refines copper directly from scrap, creating a circular economy.
  • Looper Tech – £70,000 – Edinburgh – Looper is a Life Cycle Assessment (LCA) software that helps manufacturers generate product climate certifications in one place.
  • Naked Kimchi & Co – £65,000 – Glasgow – We specialise in fermented food & beverages designed for a modern lifestyle, promoting gut health and cultural appreciation. We support local farmers, create zero-waste ferments, and empower refugees.
  • Noost Ltd – £70,000 – Lochinver – Noost Knit Co aims to make “Made in the Northern Highlands” mean something in the knitwear industry, selling our own products and manufacturing for others.
  • Ochil Fudge – £70,000 plus £75,000 worth of Ad Spend – Alloa – STV – Ochil Fudge embodies craftsmanship, hand-producing Scottish Fudge. With local talent, quality ingredients, and traditional methods, we deliver an authentic homemade taste to delight our customers.
  • Optimum Business Growth – £60,000 – Glasgow – Our Bid Journey model has helped clients win over £800m of contracts since 2020 by taking a more proactive, strategic approach to bidding for work.
  • Smart Gym CIC – £75,000 – Glasgow – Social Enterprise (Postcode Innovation Trust) – Smart Gym is a social enterprise that supports families through innovative and affordable wellbeing services. 
  • StrEAT Events t/a AndMunch – £75,000 – Glasgow – Pathways (ScotGov) – AndMunch is an online catering marketplace for discovering and booking food trucks & mobile bars for events.
  • Tailored Spirits – £100,000 – Edinburgh – An Edinburgh-based company who coordinates every aspect of a whisky cask’s journey from barrel to bottle for clients seeking bespoke small-batch bottlings.
  • Talonmore Drinks – £80,000 – Edinburgh – Scale Up (RBS) – Talonmore is a family-run business focused on enhancing healthier socialising through non-alcoholic drinks. Offering a versatile, ginger-based alcohol alternative, that replicates a dark spirit experience.
  • Tax Torch – £75,000 – Hamilton – Revolutionary Tax Planning Platform leveraging AI to offer personalised, real-time and future tax planning based on an individuals profile, goals, HMRC guidance, and legislation.
  • The Ink Balm Co – £50,000 – Alloa – The Ink Balm is a vegan, eco-packaged tattoo aftercare product, created and made in Scotland, celebrating the art of tattoo.
  • Una Watch – £100,000 – Edinburgh – Creative (Creative UK) – Built with sustainability in mind, Una is a modular, repairable GPS running watch. We also design smart watches for industry customers using our modular system.
  • Whitebox Dental – £100,000 – Glasgow – We are a dental laboratory that specialise in the manufacture of orthodontic appliances, manufacturing braces, retainers and aligners and whitening products for specialist orthodontic clinics.

Young EDGE

  • AMJ Tech Consultants – £15,000 – Edinburgh – AMJ provides an export tool and API builder application for no-code databases.
  • Candles from the Croft – £10,000 – By Lairg – Based in the North of the Scottish Highlands on a working croft, we offer sustainable, vegan-friendly and cruelty-free luxury hand-poured home fragrances. 
  • CYKELWORX DESIGN LTD – £10,000 – Westhill – Cykelworx Design focuses on innovation across the outdoor market, with the flagship design, ‘The Assistant’, a new bicycle roof carrier with built-in assistance.
  • GRPZ Ltd – £10,000 – Westhill – GRPZ Sports is a sportswear brand that specialises in premium, innovative anti-slip socks that eliminate slippage between an athlete’s foot and shoe. 
  • Harlyy – £10,000 – Glasgow – A B2B SaaS platform that provides restaurants across Scotland and Pakistan with an automated customer feedback and marketing analytics so that they can make better-informed decisions.
  • LifeRites – £10,000 – Glasgow – Life Rites provides digital resources for those with terminally ill loved ones, helping them to have a good death. 
  • Maria Elizabeth – £10,000 – Paisley – Maria Elizabeth is a Scottish based wedding and event design studio that offers hand-drawn fine art stationery, styling, calligraphy workshops, brand artistry and storytelling worldwide.
  • MedSnapp – £10,000 – Glasgow – MedSnapp is the world’s first gamified medical education platform for medical students, allowing them to learn medicine through diagnosing and treating patients inside a game.
  • Moonshine Candle Co – £15,000 – Kirkwall – Moonshine Candle Co. offer luxury hand poured fragrance products, inspired by the calm moments of the Orkney Islands.
  • Mude – £10,000 – Edinburgh – Mude is an adaptive brand of clothing for people whose health depends on wearing medical devices, currently focussed on solutions for insulin pump users.
  • New Found Hope – £10,000 – Dunfermline – a Scottish adaptive children’s brand providing therapeutic footwear solutions to address the issue of toe-walking in neurodivergent kids aged 0-5 years old.
  • NUYRO Ltd – £10,000 – Glasgow – Development and sale of advanced nutraceutical formulation for retail audience in the UK.

Wild Card EDGE

  • 55th Parallel Coffee – £10,000 – Edinburgh – We are a small batch coffee roastery, selling to cafes and restaurants alongside at-home buyers via our website.
  • AllArmed – £10,000 – Glasgow – Novel personal protection for anyone who may feel vulnerable when alone in public.
  • FourFourFive Ltd – £10,000 – Edinburgh – FourFourFive Ltd is a software solution which, while working with existing platforms, enables a more timely, accurate and value-giving solution for accountants to prepare monthly business financials.
  • Hulk Bio – £15,000 – West Linton – Hulk Bio is offering stem-cell based human milk, when breastfeeding isn’t possible.
  • ProCedure VR – £10,000 – Dunfermline – Creating virtual reality training software libraries to support the immersive learning of surgical procedures. 
  • TinyGyms – £10,000 – Newport on Tay – TinyGyms provides private exercise spaces for people who feel intimidated by traditional public gyms. Unlike other gyms, you get the whole place to yourself.
  • TiroBio – £10,000 – Dundee – TiroBio Ltd will discover novel natural products such as enzymes and medicines from DNA microbiomes.

Displaced Ukrainian women land new careers in tech thanks to Royal Bank of Scotland partnership

A first-of-its-kind training programme helping displaced Ukrainian women to develop the skills needed to start a career in tech is celebrating its first anniversary with a host of permanent job offers.

Royal Bank of Scotland’s Women in Tech pilot – delivered in partnership with Code First Girls, Capital City Partnership, Equate and Data Lab – has enabled three displaced Ukrainian women to secure full-time positions at the bank’s Edinburgh headquarters.

One year since its official launch, the programme has delivered free technology skills training a total of 53 Ukrainians who settled in Scotland after being forced to flee the conflict.

Following an initial eight-week course, three of the cohort went on to complete a fully funded Code First Girls’ Masters qualification, landing permanent Trainee Engineer roles within Royal Bank of Scotland.

In celebration of the milestone, Royal Bank hosted an event at its Gogarburn HQ this week, allowing the Women in Tech graduates to familiarise themselves with their new office campus and meet with senior members of the bank’s Digital X team.

Kateryna Losyeva, who completed the course and is now preparing to start her new role, said: “I always wanted to move into a career in tech, even before the war.

“However, when the conflict began it obviously put a stop to any dreams of a new job – suddenly, my only priority became making sure my daughter was safe. We’d lie awake every night, unable to sleep because of the shelling going on around, and I knew we needed to leave.

“When we first arrived in Edinburgh, I was willing to take on any job. It was a friend who told me about the Women in Tech programme, and I decided to apply. The course completely transformed my new life in Scotland and when I read the email offering me a permanent job, I couldn’t believe it.

“After everything we’ve been through, it still feels too good to be true that I’ve ended up with a career I’ve always dreamed of.”

The training programme is an extension of Royal Bank’s commitment to helping displaced Ukrainians. In 2022, the bank partnered with Edinburgh City Council and the Scottish Government to open a Welcome Centre within their Gogarburn headquarters, which distributed over 10,000 welcome packs and handed our more than 2000 children’s toothbrushes, 4,000 books and 2,000 sanitary packs each month. 

Code First Girls is dedicated to reducing the gender diversity gap in tech by giving more women the opportunity to learn new skills and pursue careers in tech. To date, they have delivered £75 million worth of free technology education in the UK and have provided free education and employment opportunities for more than 110,000 women.

Victoria Cleverley, Chief Operating Officer, Digital X at Royal Bank of Scotland said: “We recognise that our team is in a privileged position where we our resources and expertise can be used to deliver real change which can improve lives.

“Working with Code First Girls and our wider partners, we have successfully delivered training and opportunities that champion the potential of people. As a relationship bank in a digital world, where 67%* of our customers exclusively use digital channels, we want to nurture a diverse technology workforce and build Scotland’s coding and software engineering sector. 

“After facing unimaginable hardship on their journey to Scotland, these permanent job offers are testament to the skills, dedication and passion our new team members. We’re excited to welcome them to the team and look forward to seeing them put their new skills into action for the benefit of our customers.”