Scottish entrepreneurs share £1.5 million prize fund as the 23rd round of awards takes place.
Thirteen companies from the Glasgow City Region were among the 35 businesses celebrated at the Scottish EDGE awards last week, winning shares of a £1.5 million prize pot for their high-growth potential.
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.”
List of winners from the Glasgow City Region:
Scottish EDGE
- 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.
- 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.
- 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.
- 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.
- 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
- 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.
- NUYRO Ltd – £10,000 – Glasgow – Development and sale of advanced nutraceutical formulation for retail audience in the UK.
Wild Card EDGE
- AllArmed – £10,000 – Glasgow – Novel personal protection for anyone who may feel vulnerable when alone in public.