2016

Scottish technology companies raise money from angels

Two Scottish technology companies have raised significant sums to help boost their growth prospects. Software firm Administrate received £1.7 million with backers including Archangels, the Scottish Investment Bank (SiB) and Tri-Cap. Meanwhile Heriot-Watt University spin-out firm Chromacity, which is involved in laser development for scientific

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Barclays supports Edinburgh tech company as it taps into ‘internet of things’

Barclays has provided a £500k term loan to help innovative Edinburgh company NetThings fund commercial trials of its new energy management system. The company is one of the first in the UK  to benefit from Barclays’ new ‘Innovation Finance’ product targeted towards high-growth and innovative

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EIS Update

The Chancellor’s Autumn Statement did not contain much new with regard to EIS and SEIS tax reliefs apart from confirming the anticipated restrictions related to energy generation. However, the Finance Act (2) 2015 gained Royal Assent last week and contains a number of items of

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