A new business event aimed at supporting the best scale-up companies in Scotland has been launched in Edinburgh today.
Invest2Scale aims to help revenue-generating Scottish companies by providing them with direct access to investors and venture capital firms.
A selected group of 10 to 12 company founders will be invited to participate in a showcase event on 2 November at Edinburgh’s Dovecot Studios. The audience will be made up of senior figures from the UK and global investment community and the event will feature networking sessions, industry discussions and other scale-up focused activities.
Invest2Scale has been conceived by law firm MBM Commercial, accountants Chiene + Tait, recruitment firm Eden Scott and Angel Capital Scotland (formerly Linc Scotland).
The companies are also in discussion with a number of key sponsors and will announce further details of these in the next few weeks.
Stuart Hendry, senior partner at MBM Commercial, said: “Invest2Scale addresses a gap in the market by targeting revenue-generating companies with significant scalability.
“It does this in person as there is major value in bringing company founders and investors together in the same venue as opposed to attempting this interaction through online facility - this event is designed to enable strong businesses to progress to a higher level and to lay the foundations in creating the next Scottish unicorn.”
Alan Donald, development manager at Angel Capital Scotland, said: “In addition to the contribution of the founding partners, through Invest2Scale we will put ambitious high growth Scottish companies with scale-up funding aspirations in front of an invited audience of investors.”
Invest2Scale is targeted at scaling companies only, rather than start-ups, but has no fee payable for investors and founders to participate.
Such companies are invited to apply, with those selected being announced in October.
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