Firms share £400,000 in Regional Edge funding – Daily Business

Six north east businesses were among those receiving support (see list below)

Twenty high-growth Scottish businesses have shared £400,000 in the second Regional Edge prize fund.

Four firms – Highland Wood from Inverness, Aberdeen-based Aqura Systems, Gowaan Bike Club CIC from Innerleithen and Arbroath-based Umbra Dynamics – have each received £50,000 and the chance to compete for an additional £50,000 in the Winner of Winners award, backed by Royal Bank of Scotland, to be announced next month.

Funds were allocated through a regional competitive process, which involved pitching to a panel of judges and delivered in collaboration with local partners Opportunity North East, Elevator and GrowBiz, Highlands and Islands Enterprise and South of Scotland Enterprise.

As well as financial support, all recipients will benefit from becoming EDGE Alumni, granting them access to the organisation’s network of experienced contacts and business acumen.

Evelyn McDonald, CEO of Scottish Edge said: “Regional EDGE has proved itself to be an essential part of our national entrepreneurial ecosystem. Taking our competitive pitch format to all corners of Scotland has enabled us to support businesses not only in achieving transformative growth but also playing an essential role in building a thriving Scottish economy. 

“Thanks to the generosity of our delivery partners and the Scottish Government we’ve once again been able to provide an additional platform to showcase the exceptional entrepreneurial talent across four regions.” 

Full list of recipients

Aberdeen

£50,000: Aqura Systems

£15,000: Hey Joey

£15,000: Annie’s German Bakery

£10,000: Canny Mushrooms

£10,000: Cask Ventures

Tayside

£50,000: Umbra Dynamics

£15,000: Arngask Home Farm

£15,000: The Tuskers Ltd

£10,000: Seadyes Ltd

£10,000: Intercue Ltd

Highlands and Islands

£50,000 for Highland Wood

£15,000 for Dornoch Craft Vinegar

£15,000 for Feverfew Garden Company

£10,000 for Working With Me

£10,000 for Loaf-The Peat Baker

South of Scotland

£50,000: Gowaan Bike Club CIC

£15,000: BlazeBalm

£15,000: Real-E-Racing Ltd

£10,000: FFS INTERNATIONAL

£10,000: Multiply Technology Ltd

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