Scottish EDGE has announced its first dual-city final will see the two-day conference split between Glasgow and Edinburgh.
Day one of the Scottish EDGE Round 14 Live Final will be hosted at the University of Strathclyde’s Technology and Innovation Centre (TIC), marking the first time the funding competition has been held in Glasgow since its inception in 2013.
Day two will see the conference return to its traditional venue at the RBS Conference Centre in Edinburgh.
The current round of Scottish Edge commenced in January this year and attracted a record number of applications from across the country.
Supported by the Royal Bank of Scotland, the Hunter Foundation, Scottish Government and Scottish Enterprise, the competition has been a springboard for more than 300 businesses in the past, with notable winners including Trtl, Brewgooder, Caresourcer and Ooni.
Previous winners have created more than 1,600 Scottish jobs, generated £131 million in turnover and received additional investment amounting to £108 million. In the last round of Scottish EDGE, cash prizes of almost £2 million were shared amongst 37 winners across all categories.
On the 28th and 30th of May, 37 multisector finalists will pitch for a share of the £1.3 million Scottish EDGE prize pot before a panel of judges; chaired by Margaret Gibson of EY Foundation and Simon Hannah of Filshill. Prizes on offer at the finals range up to £150,000 for finalists.
This round will also see the first up-to-£100,000 Circular Economy EDGE winner, which was introduced to recognise companies that keep products and materials in the economy for as long as possible.
Some of this year’s finalists include:
- Soar, which builds tech platforms to help credit unions grow and operate more efficiently
- Sentinel Biosensor, a state-of-the-art wearable vital-signs monitor for use in hospitals and patients’ homes
- R3-IOT, which collects sensor data wirelessly to enable organisations to gain insight into their operations
- Miigen, developer of online tools to support later life living utilising voice tag technology
Scottish EDGE CEO Evelyn McDonald said: “Glasgow as an EDGE semi-final destination has been on our radar for some time. At the time of EDGE’s inception, Glasgow was lauded for its smart city technology and joined a network of Future Cities around the world and we have always shared a common value of nurturing globally recognised advances.
“Likewise, our current and longstanding relationship with the University of Strathclyde has enabled us to witness first-hand how the institution embraces challenge and delivers on innovation, so we are delighted to be hosting our first Glasgow final in the University’s state-of-the-art Technology and Innovation Centre venue.”
Ogla Kozlova, director of innovation and industry engagement at Strathclyde, said: “We’re honoured to be Glasgow’s first host of the prestigious Scottish EDGE competition. As a leading partner of the Glasgow City Innovation District, Strathclyde has a strong commitment to growing the collaborative relationships between academics and businesses to drive economic growth and tackle global challenges.
“Several Strathclyde supported alumni businesses have seen success from the Scottish EDGE competition, and we are delighted to have five Strathclyders represented in the Round 14 Final.”