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Can Do Community reports more progress as Scotland continues to transition to a brighter, post-COVID future

Passionate about demonstrating how collaborative working between Scottish businesses can help to accelerate growth and nurture entrepreneurial spirit, The Can Do Collective continues to be a driving force as Scotland relaxes many of its COVID-19 restrictions and focuses on economic growth.

Once again collaborations involving our partners as well as other organisations and individuals are making an immense impact on the wider business community. Scotland has endured significant challenges over the past 18 months but by working together, sharing ideas and innovation we are showing greater strength and resilience in our ability to progress our economy and collective wellbeing.

Hazel Jane, Entrepreneur Engagement Manager for Tech Nation and Convener for The Can Do Collective comments; “Once again the great work of our partners is contributing to making Scotland a Can Do nation. As we emerge from what we hope will be the worst of the pandemic and set our sights on rebuilding a strong, resilient economy, it’s fantastic to see more collaborative initiatives that are delivering social and economic benefits through entrepreneurialism.”

Can Do Partners appointed to new Scottish Government economic transformation body

A number of Can Do Collective partner organisations are represented on the newly appointed Scottish Government Advisory Council, a body which will focus on delivering economic transformation across Scotland by maximising its full entrepreneurial potential.

Sean McGrath, CEO of Entrepreneurial Scotland; Jackie Brierton, CEO of GrowBizScotland; Lynne Cadenhead, Chair of Women’s Enterprise Scotland; Sir Anton Muscatelli, Principal of the University of Glasgow and his colleague Professor Graeme Roy, the university’s Dean of External Engagement have all been named to the new body. They join a number of leading entrepreneurial, business, and academic figures including Chris van der Kuyl, Founder, owner and chairman of 4J Studios; Dame Sharon White, Chair of John Lewis Partnership; Mariana Mazzucato, Professor in the Economics of Innovation and Public Value, University College London; and Cllr John Alexander, Chair of Scottish Cities Alliance and Leader of Dundee Council.

The Advisory Council supports an ambitious 10 year National Strategy to drive Scotland’s economic transformation as the country recovers from COVID-19 and transitions to a net zero economy. Advisory Council appointees will help shape this strategy, which is expected to publish late autumn. Drawing on their extensive experience and contacts, members will use their insight to bring forward bold ideas that will transform the economy. People across Scotland are also being encouraged to share their views on how the country can work together to deliver greater, greener and fairer prosperity.

The new body is chaired by Economy Secretary Kate Forbes MSP. She said: “As we emerge from the pandemic, we must work together to seize Scotland’s potential and build an economy for everyone by delivering greater, greener and fairer prosperity.

“The pandemic has led to fundamental shifts in sectors such as retail, and changed the way many businesses operate with more online trading and remote working. We need to build on these innovations and guide our economy to the industries and opportunities of the future.

“I want to thank the members of the council for agreeing to play such a crucial role in the development of our bold and ambitions 10 year economic strategy. Starting work to deliver this key strategy was a 100 day commitment of this Scottish Government and I am delighted we have been able to secure the support of so many leading experts.”

Glasgow collaboration produces innovative eco enterprise ideas

Can Do Partners The Melting Pot and Glasgow Caledonian University, working in collaboration with Glasgow City Council, have just completed their Nature-Based Enterprise accelerator programme, the first of its kind.

The partnership programme, which demonstrates an ideal model for collective working, kicked off earlier this year bringing together Glasgow City Council’s Connecting Nature project with The Melting Pot’s Good Ideas programme. With additional support provided by Glasgow Caledonian University, the Glasgow City Council’s Centre for Civic Innovation was formed to develop what has become Scotland’s first nature-based accelerator pilot programme.

The aim of the pilot was to support a number of Glasgow-based entrepreneurs who were keen to use nature as part of a product or service that would also support the aims of the Council’s recently adopted Open Space Strategy (OSS). The OSS seeks to enhance Glasgow as a place in which to live, work, and invest by improving health and wellbeing of the city’s residents as well as its flora and fauna and to enhance its resilience in addressing environment-related issues such as climate change.

The Nature-Based Enterprise accelerator programme was a major success. The programme was overwhelmed with applications which produced a huge range of innovative enterprise ideas including food growing and supply projects, eco-tourism, nature-based arts and culture, educational activities, and sustainable floristry.

The partners will be staging their Nature-Based Enterprise Launch on 2 September where they will showcase how the programme has been encouraging more local and resilient nature-based economies, to create more green jobs, and help Glasgow achieve its net-zero targets. The virtual event will also allow participants to pitch their ideas and will provide a platform to connect directly with the group to explore future opportunities or potential partnerships. More details can be found here

Edinburgh Innovations AI Accelerator returns

An accelerator programme run by Can Do Collective partners Edinburgh Innovations, the University of Edinburgh’s dedicated business service provision, has once again reopened to support ambitious AI (artificial intelligence) start-ups. 

The AI Accelerator aims to help emerging companies developing this innovative form of technology to maximise their entrepreneurial ambitions. Following its latest round of applications which closed in early August, the programme will start on the 22nd September 2021 and run until March 2022. It offers a tailored support package for AI scaleups from across the globe providing access to the University of Edinburgh’s top academic and commercial expertise, a dedicated Accelerator Manager, and 1-2-1 support. Companies involved in the programme can also access a grant to fuel their growth.

In last year’s AI Accelerator, a five-month programme based at the Bayes Centre, 15 trailblazing companies successfully secured £6.27m in investment. Among those who took part and secured international recognition from the programme were BioLiberty, Neeuro, Reath, and MyWay Digital Health.

Exploring the ‘Art of Possible’ in Business Innovation

Early this summer the Art of Possible event series made a welcome return, staging two successful events in June and July, Business by Design and Leading Change in the Digital Age.

Business by Design featured a panel of diverse creative leaders – from the Royal Shakespeare Company and UWS to Iso Design and Dimension Studio – who are leading the adoption of next generation immersive and interactive technologies across a range of areas including entertainment, fashion, marketing, healthcare and more.  An interesting discussion ensued on how the disruption caused by COVID-19 has provided a springboard for the mainstreaming of human-centric, immersive technologies across businesses of all sizes – from start-ups to the tech giants – enabling new possibilities and experiences for customers and employees alike.

Meanwhile, Leading Change in the Digital Age, explored how leadership and mindset are critical for creating the right conditions to grow a thriving business of inspired people, empowered by tech.  The session heard from digital transformation experts This is Milk and case study insights on GAP Group’s pioneering app supporting workforce mental health and the tech-enabled transformation of ACS Clothing into a circular fashion enterprise.

A common theme emerging from both events was the critical need for leadership and human innovation (embracing diverse minds, multiple disciplines and collaboration) combined with the right tech, to enable the realisation of new and enduring solutions impacting people, planet and the bottom line.

The next event on 26 August will feature LEGO, the V&A Dundee and leading SMEs to discuss design thinking as a lens to solve business challenges in human centred and innovative ways. Curated specifically for ‘innovation-ready’ and the ‘innovation-curious’ SMEs, this year’s Art of Possible will spotlight experts (from Scotland and beyond) leading purposefully and harnessing digital tech across different business dimensions – from financing to workforce creativity – to build resilience and reimagine their future.

Speaking about the Art of Possible series for 2021/22, Dr Susie Mitchell programme director of Glasgow City of Science and Innovation said: “We’re delighted to be delivering our feeder series for the Can Do innovation Summit, Art of Possible, for the 5th year running. Connecting innovators, entrepreneurs and knowledge experts, we want to curate a friendly and informal space that inspires and supports greater tech adoption and collaborative innovation in SMEs to enable business survival, resilience and growth.  The evaluation of our last series showed that 80% of our attendees said it would make them think about collaborating on enabling tech and 70% made useful business connections that would be followed up. Art of Possible feeder events have reached 900 attendees over the last two years.”

About The Can Do Collective

Funded by The Scottish Government and supported by a dedicated team within independent charity Entrepreneurial Scotland Foundation, The Can Do Collective is a connected community of enterprise support organisations and leaders on a mission to build a world-leading entrepreneurial, innovative and creative society.

If you’re a Can Do Partner, we’d love to hear from you and share your news! Get in touch and tell us your story via hello@cando.scot

Not a Partner and want to learn more about Scotland Can Do and The Can Do Collective? Learn more here

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Press Releases

Still time to enter 2021 Business Women Scotland Awards

There’s still time to enter the 2021 Business Women Scotland Business Awards before the closing date of 3 September at 6pm.

Has your business grown in the past year? Is it a start-up that’s being noticed? Do you run an innovative social enterprise? Or is your business a sustainable enterprise that’s worth shouting about?

We want to hear from you. Themes of collaboration and sustainability are new categories in this year’s awards and will be recognised when the gongs are handed out at a live lunchtime ceremony on 19 November at Oran Mor in Glasgow.

Categories range from Rising Star of the Year and Established Business of the Year to Inspirational Woman of the Year. New categories for 2021 include Collaboration Award, Sustainable Business Award and Women in Tech Award.

“This has been yet another tough year for businesses and now that we are opening up again it’s time that we celebrated each other’s achievements,” said Lynne Kennedy MBE, founder of Business Women Scotland.

Every business entering this year’s awards will receive a free six-month membership to Business Women Scotland.

Top prizes include business coaching from Kirsty Mac worth £900 and a business overview from Martin Aitken for the Business Woman of the Year.

While the overall winner will receive business coaching worth £3000 from Yvonne Webb at Action Coach, a business overview check with Martin Aitken and 10 weeks of advertising with Go Radio.

To enter, visit  https://www.bwsawards.co.uk/

This year’s awards will return to an event in Glasgow, but will also be streamed live online for those who can’t make it along on the day.

“When we hosted the awards online last year, we linked up with women in business the length and breadth of the country. We’re aware that not everyone has the time or the budget to get to Glasgow, so this year as well as returning to a live in-person event we hope to do the same again online and bring together as many female entrepreneurs as possible,” added Lynne.

Online ticket holders will each receive a goody bag to enjoy the awards from their home or office.

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Notes to editors

Categories in the 2021 Business Women Scotland Business Awards:

Business Growth of the Year

Business Woman of the Year

Established Business of the Year

Inspirational Woman of the Year

Rising Star of the Year

Social Enterprise of the Year

Social Media Genius of the Year

Start-up Business of the Year

Women in Tech

Collaboration Award

Sustainable Business Award

The overall winner is selected by the judging panel

About Business Women Scotland 

Business Women Scotland is a voice representing women in business and an organisation dedicated to helping women find support and networking opportunities to allow them to strengthen their business. A bi-monthly digital magazine supporting women in business, it also runs a series of events and awards to celebrate and empower women in business while tackling the gender gap in enterprise. 

For press enquiries about the 2021 Business Women Scotland Awards and Business Women Scotland, please contact Angela McManus on angela@bwsltd.co.uk or call 07803 970312.

Categories
Press Releases

UK Government Ministers visit Scotland’s thriving fintech community

To recognise the global impact of Scotland’s growing fintech sector, FinTech Scotland hosted a visit by Secretary of State for Trade, Liz Truss and Secretary of State for Scotland, Alister Jack on Tuesday 20th July, at the Bayes Centre, University of Edinburgh.

Financial technology  (“fintech”) uses digital and data driven innovation to improve and enhance financial services, both for businesses and individuals and is making a significant contribution to innovation and the broader economy.

For example, the collaboration between the University of Edinburgh, FinTech Scotland and industry participants on innovative financial technology initiatives has enabled Scotland to be the home to the Global Open Finance Centre of Excellence as well as FinTech Scotland being recognised as the UK’s first accredited fintech cluster.

The meeting at the Bayes Centre provided an opportunity for UK Government ministers to meet with a number of key entrepreneurs from leading firms from the Fintech Scotland community such as Direct ID, Modulr, FreeAgent, Float, EedenBull and Trace AI

Liz Truss, International Trade Secretary, said:

“The UK is a world-leader in FinTech and that’s why we’re breaking down barriers, pushing new frontiers in our free trade agreements and opening up markets to boost this growing industry.

“From Australia to Singapore, we are using our independent trade policy to drive foreign investment into UK FinTech and increase export opportunities worldwide.

“Scotland’s FinTech sector is thriving, and I want to ensure that we fuel the future global growth opportunities for FinTech businesses across the UK.” 

Secretary of State for Scotland, Alister Jack said:

“Scotland’s financial sector has a rich history, and with 180 fintech businesses now based here, it’s good to see this legacy growing and developing as the UK becomes a major force in the global industry.  

“It was great to meet with some of the key people behind the sector’s success, and I look forward to seeing how their ambition and innovation will enhance the profile of Scotland and the whole UK within the global fintech community.”

Stephen Ingledew, Executive Chair of FinTech Scotland, who hosted the ministerial visit said:

“This visit demonstrated how collaborative leadership by entrepreneurs, large enterprises, academia and government can make a significant impact in delivering impactful fintech innovation which will shape the future economy and people’s lives both in the UK and internationally. Our forthcoming fintech research and innovation roadmap will highlight how we will build on momentum created and foster further collaboration with the regional fintech hubs across the UK.”

Peter Mathieson, Principal of the University of Edinburgh, welcomed the Ministers to the Bayes Centre and commented:

“The University has a global reputation for ground-breaking innovation and the Bayes Centre is a great example of creating a creative and collaborative environment delivering new opportunities in data, artificial intelligence and robotics in the emerging new sectors such as fintech”

The Ministerial visit coincides with the unveiling of plans for Scotland’s FinTech Festival in September which will showcase financial innovation from across the UK highlighting progress made since the HM Treasury commission Fintech Sector Review by Ron Kalifa OBE was released in March this year.

The Fintech Festival, now in its fourth year, will be a diverse range of 50 plus events and activities taking place over four weeks with fintech leaders and entrepreneurs attending from the UK and virtually from around the world.

The Festival will include major conferences in Edinburgh and Glasgow with examples of innovation from Scotland and the UK amongst many other global fintech leaders.

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Notes to Editors

About FinTech Scotland

www.FinTechscotland.com

@FinTechScotland

FinTech Scotland is an independent not for profit body jointly established by the financial services sector, universities and Scottish Government/Scottish Enterprise to ensure that Scotland seizes the FinTech opportunities and achieves positive economic and social outcomes by encouraging financial innovation, collaboration and inclusion as part of the country’s broader digital economy objectives.

The organisation acts as a strategic enabler and cluster management body focused on leveraging the potential economic (i.e. productivity, innovation, business creation, employment) and social (i.e. financial inclusion, well-being and accessibility) benefits arising from becoming a leading global centre focused on Fintech innovation.

FinTech Scotland’s objectives are to develop an innovative community of FinTech firms, generate impactful collaborations between firms of all sizes and foster an inclusive cluster which is globally recognised and connected.

In January 2020, FinTech Scotland was formally recognised for the development for the Fintech cluster in Scotland and accredited with the bronze label for Cluster Management Excellence by the European Secretariat for Cluster Analysis.

FinTech Scotland was initially founded in January 2018 as a joint initiative by Lloyds Banking Group, HSBC, University of Edinburgh, Scottish Government and Scottish Enterprise. The organisation is now supported by a broad range of global financial services, technology and professional services firms as well as University of Edinburgh and University of Strathclyde, the Financial Conduct Authority, Scottish Government and Scottish Enterprise.

Media Contact:

Mickael Paris – Marketing Director, FinTech Scotland

mickael.paris@FinTechscotland.com

www.FinTechscotland.com    

About the Bayes Centre

The Bayes Centre is a world-leading hub for Data Science and Artificial Intelligence which brings together global companies and UK researchers.  The UK Government supported the creation of the centre with £30.3 million investment as part of its £300 million commitment to the Edinburgh and South East Scotland City Region Deal.