News
Equity investment in Scotland’s smaller businesses bounces back
Smaller firms in Scotland saw increased levels of equity investment in 2024, as London became less dominant and the wider UK saw a collective decline.
That's according to the British Business Bank’s annual Small Business Equity Tracker , which showed that equity deals involving small businesses in Scotland totalled £507m last year; up 28.3% on 2023’s £395m.
Source: Business Insider
University set to host £750m national supercomputer
The University of Edinburgh has been announced as the home of the UK's next national supercomputer.
The significant investment represents a huge endorsement of the University and its future as a world-leader in supercomputing and AI, recognising the strength and value of Edinburgh’s expertise.
Chancellor confirms £750 million for Edinburgh supercomputer
Scotland will be home to the UK’s most powerful supercomputer, with the Chancellor confirming up to £750m to build it at the University of Edinburgh. The announcement comes ahead of today's Spending Review and as the Prime Minister kicked off London Tech Week by unveiling £1bn of extra funding to scale up the country’s artificial intelligence (AI) computing power.
Source: Business Insider
Data-driven programme designed to tackle global challenges
A flexible new postgraduate programme designed to tackle global challenges through genetics and data skills will launch in September 2025, supported by a dedicated e-learning team and aimed at training the next generation of experts in a range of industries and academic fields.
Approval for project creating tropical seafood using AI in a shipping container
Scientists are set to use a shipping container to help them develop tropical seafood using artificial intelligence on land in Midlothian.
Midlothian Council planners have given the go ahead for the container to be placed on Dryden Farm, Roslin, which is owned by the University of Edinburgh.
Source: Business Insider
Research events mark Moredun and Roslin partnership
Themed talks, discussion and guest lecture launch next phase of collaboration between neighbouring organisations within Midlothian Science Zone.
A programme of research-themed events has marked a new phase in a strategic collaboration between the University of Edinburgh and Moredun Research Institute.
University of Edinburgh launches UK-first innovation initiative
The University of Edinburgh has launched a new career development route for academics wishing to focus on commercialisation and engagement with industry.
Source: Business Insider
Higgs Centre for Innovation celebrates £25 million in investment
Companies based at the Higgs Centre for Innovation in Edinburgh have secured over £25 million in funding since the business incubation centre opened in 2018, creating over 150 jobs.
This achievement highlights Higgs’ role in supporting young businesses and fostering growth and innovation in the space and technology sectors in Scotland.
Scottish universities awarded £2m to ‘shape the future of science’
Five Scottish projects have been awarded more than £2m to tackle some of the most pressing health and environmental challenges.
Researchers based at the University of Edinburgh and the University of Glasgow have secured part of a £9m government fund for their projects which are poised “to push the boundaries of knowledge”.
Source: Holyrood
Scotland poised to become ‘world-leader’ in quantum computing with £9m government funding
The UK Government has awarded £8.9m to three Scottish universities to help position Scotland and the UK as a “world-leader in quantum”. One quantum laboratory and two research hubs have secured a share of a new £121m fund to help tackle challenges including crimefighting, fraud, and money laundering.
Source: Holyrood