03 Jul Scottish EDGE Round 14 awards over £1 million to ground-breaking Scottish start-up businesses
With three of the awards won by graduates of the BioCity Accelerator.
The winning businesses came from 37 multisector finalists, shortlisted from 289 applicants, who pitched their business idea live at Glasgow’s Technology and Innovation Centre and Edinburgh’s RBS Conference Centre on 28th and 30th May respectively to two high-profile panels chaired by Margaret Gibson OBE of EY Foundation and Simon Hannah of Filshill.
Each of the winners took home an up to six-figure share of the £1million+ prize pot and will receive an all-encompassing package of support from Scottish EDGE’s partner organisations to help them fast-track and grow their business.
Addressing the finalists prior to the awards announcement, Sir Tom Hunter, renowned Scottish entrepreneur and supporter of Scottish EDGE said:
The Higgs EDGE Special Award of £125,000 was won Dr Peter Orrell, who set up MycoNourish as a means of harnessing the power of beneficial microbes to enhance crop production and add value for growers via customised fungi to suit the problem areas of specific crops.
The highest amount awarded in the Scottish EDGE category of £100,000 was given to former Heads of Missions and Spacecraft Design at Clyde Space, Kevin Quillien and Allan Cannon, who founded R3-IOT with the aim of addressing the challenges and significant opportunity presented by the provision of global Industrial Internet of Things connectivity.
“It’s fantastic to support Scottish EDGE; the businesses that come through EDGE grow faster with less risk because EDGE is not just about money, but the embedded support on offer.
EDGE businesses are the lifeblood of the Scottish economy and we are delighted to support you as you grow and prosper – Scotland needs many more like you!”
Additional awards of £10,000 were given to 6 winners in the Young EDGE category, for entrepreneurs under the age of 30, with the Harper Macleod Young EDGE award of £15,000 going to Alireza Abbassi Monjezi of WaterWhelm, who has developed a self-powered technology for the production of freshwater from wastewater, which simultaneously produces biodiesel/biogasoline or electricity.
The Young EDGE category also produced Scottish EDGE’s youngest ever winner, 18-year-old sixth year student, Suhit Amin, who founded his now six-figure turnover influencer marketing agency, Saulderson Media whilst undergoing aggressive chemotherapy for Stage 2A Hodgkin’s Lymphoma, from which he has been in remission since September 2018.
The Postcode Innovation Trust supported Social Enterprise EDGE prize was awarded to Colin Loveday of social enterprise, Good Call, which aims to remove the mobile communications barriers facing charities, social enterprises and community groups, saving them hundreds of thousands of pounds in the process.
As the UK’s largest business funding competition, Scottish EDGE has now awarded over £14 million and is given as a 40% grant and a 60% loan, with a maximum award of up to £150,000. The loan is paid back to help fellow entrepreneurs on their pathway to success. Both the Young EDGE and Wild Card EDGE awards are grants of up to £15,000.
Scottish EDGE CEO, Evelyn McDonald said:
Tonight’s ceremony offers great encouragement as a snapshot of the current state of entrepreneurship in Scotland. The vast array of exciting businesses that our panels have chosen to support, from celebrity endorsed sustainable handbags and ground-breaking cancer treatments to teenager founded marketing agencies and bagpiper illness preventers, Scotland really does offer the kind of outside-the-box entrepreneurial thinking needed to achieve recognition in a global market.
Scottish Edge Winners / BioCity Accelerator graduates:
Congratulations to the inspirational winners and also to our runners up who worked exceptionally hard to get this far. We welcome the entrepreneurs awarded tonight to our high achieving alumni of 350 previous winners who thus far have generated an additional £151 million in turnover, secured £124 million in additional investment and created 1,858 jobs.
ScreenIn3D – Screening services that help drug developers to validate effectiveness of their compounds. Glasgow | £50,000
Sentinel Biosensor – State-of-the-art, medical grade, wearable, vital-signs monitor that works in hospitals and in patients’ homes. Lanark | £50,000
SiMologics – Conjugate gold nanoparticles to antibodies for treatment of head and neck cancer. Glasgow | £45,000
Scottish EDGE winners:
Carbogenics – Producer of the carbon-based additive CreChar for anaerobic digestion. Edinburgh | £50,000
CensorPic – Protects children by removing access to a device’s camera upon real-time detection of nudity. Glasgow | £75,000
Fodilicious – Food business offering the UK’s first allergen free, FODMAP friendly products. Livingston | £70,000
Love Rose Lingerie – Designs and creates appealing lingerie for women who have had breast surgery. Edinburgh | £45,000
Molke – Manufacture body positive and breastfeeding friendly underwear in bright and eye-catching designs. Perth | £45,000
Phox Water – Innovative water filter to offer a more environmentally friendly option for drinking water. Glasgow | £40,000
R3-IOT – Collects sensor data wirelessly to enable organisations to gain insight into their operations. Glasgow | £100,000
Sentinel Subsea – Environmentally friendly monitoring of suspended and decommissioned subsea oil and gas assets. Aberdeen | £75,000
Soar – Build technological platforms to help credit unions grow and operate more efficiently. Glasgow | £75,000
SoundBops – Musical education instruments designed for children. Glasgow | £50,000
Circular Economy EDGE winner:
Rocio – Seller of ethically sourced, celebrity endorsed premium wooden handbags and clutches internationally. Glasgow | £50,000
Higgs EDGE winner:
MycoNourish – Harnesses the power of beneficial microbes to enhance crop production. Dundee | Amount: £125,000
Social Enterprise EDGE winner:
Good Call Mobile – Good Call CIC provides mobile telecommunications solutions exclusively for non-profit organisations. Dundee | Amount: £80,000
Creative EDGE winner:
MacIsaac – Developing a new moisture control technology for bagpipes. Falkirk | £15,000
Young EDGE Winners:
#hashtag – Utilises AI to provide brands with a flexible, scalable, cost-effective way to manage their social conversations. Edinburgh | £10,000
Atypical Cosmetics – Cosmetic customisation company for people with allergies which will offer an innovative customisation service so people can avoid ingredients they are allergic to. Glasgow | £10,000
Fresh Car Group – Building a car valeting platform connecting customers with a network of 100s of valeting operators across the UK. Edinburgh | £10,000
Opinew – Product reviews app for online shops running on Shopify ecommerce platform that collects reviews via email and from Amazon, AliExpress and EBAY. Glasgow | £10,000
Saulderson Media – Premium talent management and influencer marketing agency exclusively managing a roster of high-profile social influencers (specifically in gaming and esports). Glasgow | £10,000
Seawater Solutions – Social impact enterprise seeking to disrupt conventional agriculture by introducing sustainable farming practices which use seawater to grow salt-tolerant crops. Glasgow | £10,000
Waterwhelm – Developed a self-powered technology for the production of freshwater from wastewater whilst simultaneously producing biodiesel/biogasoline or electricity. Edinburgh | £15,000
WildCard EDGE winners:
AJL Marketing – Manufacture of a new and unique range of contemporary, durable, premium picnic blankets, inspired by nature in Scotland, responsibly sourced & manufactured. Edinburgh | £10,000
Bplasticfree – Manufacture a biodegradable, reusable, food-grade waxed cotton alternative to cling film on a commercial scale and also developing a new Vegan food wrap. Anstruther | £10,000
Human – Unique artificial intelligence psychotherapist, which enables its users to reduce psychological stress and increase levels of well-being. Glenrothes | £10,000
Martial Arts Heroes – Children’s physical and mental health, well-being development programme delivered through Martial Arts. Glasgow | £10,000
Kingdom Technologies – Our company is developing a robotic lawn mower for large terrains. Glasgow | £10,000
Turnbull Design Engineering – Product design & prototyping agent who have created a device which revolutionises the way gymnast rings can be used for fitness benefits. Glasgow | £10,000
Voxsio – Alli-Chat engages people in conversations that help them become aware of their mental health and delivers personalised support information. Edinburgh | £10,000