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CeeD Newsletter - Issue 54

Forward Thinking newsletter

6 June 2024 - Issue 54

CeeD News

35 businesses with high-growth potential have shared £1.5 million in the latest Scottish Edge pitching competition. The 23rd round included two new cash and advice prizes worth £100,000 and £80,000 for Una Watch (a recent CeeD member through our Sow the Seeds programme) and Talonmore Drinks respectively.

Joe Pacitti, CeeD MD, was delighted to help present the series of Wild Card winners on the night, highlighting the valued partnership between Scottish Edge and CeeD through increased working and sharing of vision to help entrepreneurial companies unlock challenges on their journey. Joe commented: "It was great to see so many winners on the night who either represent or are connected to engineering, manufacturing and technology themes."

Round 24 opens for application in July 2024 so look out for Scottish Edge announcements next month!

New Members

We would like to welcome the following new members to the CeeD community:

Celtic Renewables - their patented process takes low value by-products, residues, and waste from a wide range of industries, such as food and drinks production, and converts them into high value green chemicals – bioacetone, biobutanol and bioethanol. Their green chemicals generate up to 70% less carbon emissions than their fossil-based counterparts and have high-value applications in multiple industries such as cosmetics, home and healthcare. Plus, Celtic Renewables directly displace chemicals made from gas and oil in the manufacturing process and lower the carbon footprint of everyday products like skin creams, nail varnish, household cleaning products, paints, medicines and vitamins.

Danu Robotics - Edinburgh based technology and engineering company that has developed a series of AI-guided robotic waste management systems for waste management companies to significantly increase their recycling efficiency, productivity and profitability.

So Connect - a leading IT Managed Services Provider which offers comprehensive solutions, from IT to Cybersecurity, Cloud to Connectivity and Telecoms, all of which are designed to create efficiencies, make your team more productive and prepare your business for growth.


Here's an update on our upcoming events. You can also find all our events here.

  • 11 June - Energy Sector Knowledge Sharing with Forster Group, Utili-Tay, and Genista Energy. REGISTER

Opportunity to discuss the latest innovations that can improve your energy impact, identify cost reductions and a route to net zero.

  • 13 June - Partner event: Transformative Leadership: Cultivating Culture to Drive Performance. REGISTER

This workshop is being run by the Manufacturing Skills Academy at NMIS and will look at the leadership legacy from the industrial age and the challenges facing businesses regarding leadership for the 21st Century. It will look at how modern emphasis on culture aligns with lean manufacturing and the leadership paradigm shifts necessary to maximise engagement from the team.

  • 18 June - Partner event: International Tax Day (Glasgow). REGISTER

If you have, or are looking to have, an international footprint (be that boots on the ground or import/ exports), you may wish to attend this event in Glasgow where Ernst & Young will provide a global tax update with their International Tax team focussed on recent developments in the US, LATAM and APAC (India, China and ASEAN), plus representatives will join from EY's Africa and Australia tax desks.

Topics covered will include Tax policy landscape around Pillar 2, minimum taxes, transparency, substance and ESG measures and interaction with latest country updates; Changes in country and domestic law impacting mid-sized MNEs including incentives for new investments and new tax levies; and - Controversy updates in relation to cross-border transactions. 

  • 25 June - Partner event: Indo-Pacific Webinar. REGISTER

UK Government and their partners supporting UK companies to access business opportunities across the Indo-Pacific, as well as help to navigate the support available.

  • 25 June - Engineering is for women: How to increase women in engineering roles. REGISTER

Together with Flexibility Works, CeeD is hosting a morning of insightful panel discussions to inspire and support employers to move the dial on gender diversity. In particular, you’ll hear from female engineers on what has helped or hindered their careers thus far.

  • 27 June - Growth 500 Day 3: Innovation. Members Only. Find out more

  • 11 July - Are your devices maximising your data potential, unlocking the ultimate value/power of AI? REGISTER

The traditional automation pyramid in manufacturing consists of many standalone applications with poor interconnections and data silos. Zühlke will share with you some examples of best practise they have worked on from across the globe.

  • 25 July - Getting Investment, Securing Funding, R&D Tax Credits. REGISTER

Angel Investor Brian Williamson will take you through the investment journey, including insights into R&D tax credits. While this session is aimed at earlier-stage businesses, anyone who believes they could benefit is welcome.

Business News & Support

The deadline for the Women's Enterprise Scotland Awards 2024 is fast approaching (7 June 2024). The awards celebrate Scotland’s women-led businesses with categories such as Family Business Champion of the Year, Inspiring Leader of the Year, Sustainable Business of the Year and Outstanding Business of the Year. Find out more.

Celtic Renewables has launched its latest crowdfunding campaign, with the aim of raising more than £2.75m to boost operational capacity and scale revenue growth. Funds raised from the Crowdcube campaign will be used to increase the global distribution of its 'green chemicals', broadening the reach of products across multiple sectors where replacement of incumbent fossil fuel derived chemicals is most needed. Read more.

It's easy to put off increasing your cybersecurity budget when you can't see what you're getting from it. However, when you consider the average cost of a breach to be £4.1 million, you begin to understand the worth of robust cybersecurity measures. Read more in our recent blog by Gordon Sayers, CEO of SoConnect Ltd,

Skills Development Scotland have published the Modern Apprenticeship (MA) statistics for 2023-24. There were 25,365 MA starts created in 2023/24, with 38,607 MAs in training at the end of the financial year. Key highlights show that apprenticeships are supporting more young people from diverse backgrounds to access opportunities. Read more

With more of us banking online, the security of our personal and financial information has never been more important. This is why the CyberScotland Partnership has launched the new "Cyber Secure Banking" Campaign, which aims to empower individuals and organisations to become more cyber resilient in the world of online banking. For guidance on cyber threats and best practice in the world of online finance, visit CyberScotland.com.

ACS Clothing has been selected, as one of 15 start-ups across Europe, by Amazon to pilot their technology, as part of the third edition of the Amazon Sustainability Accelerator. These 15 start-ups are tackling some of the world’s biggest sustainability challenges and will have the chance to supercharge their business, benefitting from a four-week programme featuring expert-led workshops, specialised mentorship, a tailored curriculum and access to a network of entrepreneurs in the sustainability sector. This year, for the first time, they also have the opportunity to pitch their technology for a trial in Amazon’s European operations, opening doors to future partnerships and Europe-wide implementation, earning them up to £2m each.

In further news, the business has been selected to join the United Nations Target Gender Equality (TGE) Accelerator Programme! An incredible opportunity that will allow ACS to further their commitment to gender equality and empowerment in the workplace. ACS Clothing is a clothing renewal firm based in Glasgow which processes six million items of clothing per year for returns, rental, subscription and resale through its cleaning and repair service. It is now Europe’s largest circular fulfilment fashion hub, and works with renowned brands and retailers. 

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