Scottish EDGE - Apply by 16th Aug for up to £100k business funding

Scottish EDGE is a competition aimed at identifying and supporting Scotland’s up-and-coming, innovative, high-growth entrepreneurial talent. Companies of all sectors and stages can apply for funding of up to £100,000 on a split grant/ loan basis, and there is additional funding for pre-trading companies, sole-traders, partnerships, and under-30s. DEADLINE EXTENDED – now 16th August.

Opportunity Details

When

Registration Opens

06/07/2021

Registration Closes

16/08/2021

Award

Up to £100,000 per company. Grants of £15,000 are available for companies run by young people and for "wildcards". NEW EXTENDED DEADLINE - now 16th August.

Organisation

Scottish Government

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Scottish EDGE is a competition aimed at identifying and supporting Scotland’s up-and-coming, innovative, high-growth entrepreneurial talent. There are three categories of competition:

Scottish EDGE – up to £100,000

Scottish EDGE is the main competition category, and all companies that apply and meet the eligibility criteria will be entered in to and assessed for the main Scottish EDGE competition. If you have an innovative, high-growth potential business then you could win up to £100,000 plus a fantastic package of support from Scottish EDGE. The application process consists of each business completing the Scottish EDGE Online Application Form (available from our website) and producing a 3-minute video presentation.

Young EDGE – for companies whose directors are all aged 18-30

An additional special category has been designed to support Companies whose Directors are all aged 18-30 (excluding Non-Exec Directors and Investors) in the form of Young EDGE.

Applicants who are eligible for the Young EDGE category will be assessed as part of the Scottish EDGE 1st Stage Assessment Process and, should they meet the scoring level required following assessment, will be invited to pitch live at the Young EDGE Final, for the chance to win one of the prizes up to £15,000 (Grant only). The assessment criteria for Young EDGE is the same as in the Scottish EDGE category.

Wild Card EDGE – for pre-trading businesses

Recognising that businesses can often require support to take their product or service to market, Scottish EDGE introduced the Wild Card EDGE competition category in 2015. Open to pre-trading businesses, winning a Wild Card EDGE award results in Scottish EDGE support in the form of a grant of up to £15,000 and access to our non-financial support package, provided by leading business professionals. This is a judges’ award category and requires the collective agreement of the assessment panel that you or your company has the innovative ‘wow’ factor. Innovation is not only about your product or service; it can be about you, your approach, your team, or the design or brand which you have adopted.

 

You only need to submit one application to be entered into the Scottish EDGE, Young EDGE or Wild Card EDGE competition, where eligibility permits.

Watch the Round 18 Application workshop on YouTube here.

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