The Scottish EDGE Round 14 winners have been announced, with Roccio, designer of ethically-sourced wooden handbags and clutches taking the inaugural Circular Economy EDGE Award.
A host of technology companies won accolades on the night, with each of the winners taking home a share of the £1 million prize pot.
The winning businesses came from 37 multisector finalists, shortlisted from more than 280 applicants who pitched their business idea live at Glasgow’s Technology and Innovation Centre and Edinburgh’s RBS Conference Centre on the 28th and 30th of May.
Prior to the awards announcement, Scottish entrepreneur Sir Tom Hunter addressed the finalists. “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,” said Hunter.
“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.”
As the former Heads of Missions and Spacecraft Design at Clyde Space, the duo founded the company with the aim of addressing the challenges and significant opportunities presented by the [provision of global industrial IoT connectivity.
Scottish EDGE Winners
The Scottish EDGE Round 14 winners include:
- Carbogenics | Producer of the carbon-based additive CreChar for anaerobic digestion (£50,000)
- CensorPic | Protects children by removing access to a device’s camera upon real-time detection of nudity (£75,000)
- Fodilicious | Food business offering the UK’s first allergen free, FODMAP friendly products (£70,000)
- Soar | Builds technological platforms to help credit unions grow and operate more efficiently (£75,000)
- R3-IOT | Collects sensor data wirelessly to enable organisations to gain insights into their operations (£100,000)
- Sentinel Biosensor | Develops state-of-the-art, medical grade, wearable vital signs monitors for use in hospitals and patients’ homes (£50,000)
- Sentinel Subsea | Environmentally friendly monitoring of suspended and decommissioned subsea oil and gas assets (£75,000)
- Soundbops | Musical education instruments designed specifically for children (£50,000)
- Phox Water | An innovative water filter that offers a more environmentally-friendly option for drinking water (£40,000)
- SiMologics | Conjugates gold nanoparticles to antibodies for the treatment of head and neck cancer (£45,000)
- ScreenIn3D | Screening services that help drug developers to validate the effectiveness of their compounds (£50,000)
- Love Rose Lingerie | Designs and creates appealing lingerie for women who have had breast surgery (£45,000)
- Molke | Manufactures body positive and breastfeeding-friendly underwear in bright and eye-catching designs (£45,000)
Commenting on the winners, 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.”
McDonald added: “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.”
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Additional awards of £10,000 were given to six winners in the Young EDGE category, with the Harper Macleod Young EDGE award of £15,000 going to Alireza Abbassi Monjezi of WaterWhelm.
WaterWhelm has developed a self-powered technology for the production of freshwater from wastewater, which simultaneously produces biodiesel, biogasoline or electricity.
This category has also produced Scottish EDGE’s youngest-ever winner – 18-year-old sixth-year student Suhit Amin, who founded the influencer marketing agency Saulderson Media whilst undergoing aggressive chemotherapy for Stage 2A Hodgkin’s Lymphoma.
Wild Card EDGE
Seven awards were given in the Wild Card EDGE category for businesses who have yet to commence trading. Another sixth-year student, Robbie MacIsaac of MacIsaac Ltd took the top prize on the night, with the remainder receiving £10,000.
MacIsaac Ltd is a business that helps to prevent ‘pipers lung’ through a new moisture control technology for bagpipes.
Other winners include; Human, a unique artificial intelligence psychotherapist which enables users to reduce psychological stress and boost wellbeing and; Kingdom Technologies, which is developing a robotic lawn mower for large terrains.
Voxsio, developer of Alli-Chat, which engages people in conversations that help them become aware of the mental health and delivers personalised support information also secured £10,000 at the awards ceremony.
Gordon Merrylees, Head of Entrepreneurship for Royal Bank of Scotland, said: “Congratulations to all of the finalists for making it through to the last and most crucial stage of the competition, which in itself is a tremendous achievement.
These finalists showed that the calibre of Scottish entrepreneurs continues to flourish and the winners are a wonderful endorsement of the exceptional entrepreneurial talent and spirit being cultivated within the Scottish ecosystem.”