Earlier this week, in our penultimate Scottish EDGE Round Ten Final before the live Final on 22nd June (get your ticket here), two innovative Scottish start-up businesses won the competition’s award for science, technology and engineering-focused businesses – Higgs EDGE. From a shortlist of four extraordinary Scottish EDGE semi-finalists chosen to pitch in front of Higgs EDGE’s industry expert judging panel, CuanTec and Oxy-Gen Combustion emerged as winners. One of the victors will receive Scottish EDGE’s top prize of £150,000, and the other £100,000. The exact amount each has won however will not be revealed until their awards are presented at the live final.
Two Scottish start-up businesses have won the Scottish EDGE’s competition for technology and science-focused businesses, the Higgs EDGE. RotoMotor and Soltropy were selected as winners from a group of five finalists, each of whom pitched to a panel of expert judges last Friday in an attempt to win the Scottish EDGE’s top prizes of £150,000 and £100,000. The companies must now wait until the Scottish EDGE round eight final on June 20th, 2016 to discover which of the prizes they have been awarded, and to collect the Scottish EDGE’s business support package which has been put together by a variety of partner organisations.
Scottish EDGE has announced up to a further £625,000 of funding which will be used to support Scotland’s most promising early stage science, technology and engineering businesses.
The new award, Higgs EDGE, named in honour of Nobel Prize winner, Professor Peter Higgs, has been created following a £500,000 donation from an anonymous Scottish tech entrepreneur, the first 25% of which will be matched by £125,000 from the Scottish Government.