Scots entrepreneurs set to pocket prize fund of up to £100k

Published: 2 Jun 2015 09:30

News

TWENTY-SIX Scottish entrepreneurs will go head to head at the Scottish EDGE Awards on June 12 to battle it out for a share in a £1 million cash prize pot.

They’re in the running to win up to £100,000 in prizes and investment to help grow their businesses at the Dragons’ Den-style event judged by top business leaders.

They’ve already been shortlisted from more than 250 hopeful applicants to compete in the final stage of the competition, which is designed to help identify Scotland’s top early-stage and high-growth-potential entrepreneurs and give them the finance they need.

This year’s judging panel comprises Scottish EDGE chairman David Shearer; Highlands and Islands Enterprise director of regional development Carroll Buxton; Carol Graham of Graham’s Dairy; Royal Bank of Scotland HR chief Elaine Arden, and David Sneddon of Scottish Equity Partnership.

Shearer said: “It’s been great to hear from so many young businesses hoping to make a major contribution to Scotland’s economy, and we look forward to picking those with the very best potential and putting them on the fast track to growth through funding and support.

“Even those who don’t win will no doubt benefit from the experience, and will be encouraged to apply again for the next round of funding.”

The awards will take place at RBS Conference Centre in Edinburgh and are to be presented by well-known entrepreneur and philanthropist Sir Tom Hunter.

The Scottish EDGE, which is a £5 million-plus fund endowed by Sir Tom Hunter, RBS and the Scottish Government, is led by a board of entrepreneurs, bankers and public sector supporters. The majority of its funding comes from the private sector.

Jump to first paragraph.