Business support group FutureX has announced the semi-finalists for the annual Startup Summit Competition.
The competition will showcase Scottish tech for good businesses, with entrants judged on their potential to solve pressing social or environmental issues.
Over 100 startups applied to the competition despite the difficulties caused by the ongoing Covid-19 pandemic. Organisers FutureX say this highlights the “incredible resilience and adaptability” of entrepreneurs in Scotland.
With semi-finalists from Edinburgh, Glasgow and Dundee, the entrants span a diverse range of industries and showcase the strength of Scotland’s local ecosystems to support ambitious startups.
FutureX co-founder Zoi Kantounatou said: “It’s more important than ever to support entrepreneurs in their journey. Seeing so many companies utilise technology to create a positive change, especially in this year’s context, has been really inspiring and a great reminder that Scottish companies are among the most innovative in the world. We can’t wait to see who will take the stage at Startup Summit to pitch for the top prize.”
This year’s Startup Summit semi-finalists are:
- CyberShell: a digital platform that provides solutions to ensure security for the software industry.
- Futrsm.pl: an online Saas platform designed for purpose-led entrepreneurs to develop and deliver their own marketing strategies.
- Frog Systems: a digital mental health and wellbeing company utilising video to communicate messages of hope and signpost support to those in need.
- Konglomerate Games: a video games company specialising in providing healthcare and other serious game development and gamification services.
- Social Good Connect: a digital search and match platform connecting employers and their employees to volunteering opportunities which positively impact the community.
The virtual semi-finals will be hosted by chartered accountants and business advisers Johnston Carmichael. The live final will take place on the second day of this year’s Startup Summit on October 29th.
Winners will receive a fully-funded place on FutureX’s Silicon Valley Scale programme. Other prizes include over £60,000 of business support from Johnston Carmichael, STV and others.
- Meet Scotland’s coolest tech for good startups
- Scottish Government investment to back startups with £3 million
- Meet 11 Scottish fintech startups changing the world of finance
Johnston Carmichael Director & Head of Entrepreneurial Taxes Andrew Holloway said: “This is the 4th year Johnston Carmichael have partnered with Startup Summit; we do this because it allows us to meet some of the most promising, forward-thinking, socially engaged startups from across the country.
“Despite the challenges of 2020, it’s fantastic to see early-stage founders still thinking globally, with a mantra of tech for good and a determination to see their product benefit communities in Scotland and beyond.
“Being part of the Silicon Valley Scale programme gives invaluable lessons for founders at all stages of their growth journey, and our entrepreneurial team can tailor and flex our support to them accordingly.”
Past entrants include prominent Scottish startups such as Care Sourcer, Talking Medicines and StoriiCare, who have since collectively raised £12.5 million from investors.