Scottish EDGE is a funding competition aimed at identifying and supporting Scotland’s innovative, high growth potential entrepreneurial talent.
Funded by the Hunter Foundation, the Royal Bank of Scotland, the Scottish Government, Scottish Enterprise and private donors, the competition is delivered twice per year and has supported 395 early stage Scottish businesses with over £15m in award funding.
Scottish EDGE consists of three competition categories: Scottish EDGE, Young EDGE and Wild Card EDGE, and five special awards within the Scottish EDGE category for a Science, Technology and Engineering focused businesses (Higgs EDGE), a creative business, (Creative EDGE), a social enterprise, (Social Enterprise EDGE), a circular focused business, (Circular Economy EDGE) and a commercial product based business, (STV Growth EDGE).
For companies of all sectors and stages, the Scottish EDGE competition offers funding of up to £100,000 on a split grant/ loan basis, while the Young EDGE (for companies where all directors are under the age of 30) offers a grant-only award of up to £15,000 and the Wild Card EDGE (for pre-trading companies, sole-traders and partnerships) offers a grant-only award of up to £15,000.
The assessment criteria across all rounds scores against the following key requirements:
- Value Proposition
- Entrepreneurial Spirit
- Business Growth Potential
- Customer Focus
- Utilisation of Funding
Applications for all three competitions close at 2pm on 10th February 2021. You can learn more about the application process and apply here.