Win up to £100,000
Scottish EDGE is the main competition category, and all companies that apply and meet the eligibility criteria will be entered into and assessed for the main Scottish EDGE competition.
If you have an innovative, high-growth potential business then you could win up to £100,000 plus a fantastic package of support from Scottish EDGE. The application process consists of each business completing the Scottish EDGE Online Application Form (available from our website) and producing a 3-minute video presentation.
Your application and video submission are then assessed by our independent panel of assessors against the following criteria:
Value Proposition
Team
Impact
Customer Focus
Business Growth
Utilisation of Funding
This category also includes these special awards
Social Enterprise EDGE
Social Enterprise EDGE, for Social Enterprise businesses
Social Enterprise EDGE is a special award category introduced with Postcode Innovation Trust funding to support social enterprises who clearly enrich communities and make a contribution to society, tackling social and environmental problems in Scotland, nationally or abroad.
Your Social Enterprise must (a) have a social mission embedded in your articles and (b) have a legal clause in the articles that prevents the assets of the company being used for private gain and (c) have a requirement in your constitution that profits must be reinvested in the business or community.
Only asset-locked Social Enterprises will be considered for this category.
The award is a prize of up to £75,000 (30/70 loan/grant) for the top Social business idea.
Accelerator EDGE
Accelerator EDGE is supported by The Royal Bank of Scotland and offers support to one Scottish EDGE winning business with a strong focus on scale. To be eligible, the business’ previous year turnover must have been at least £100k.
The award carries a potential prize amount of £200,000 (30/70 grant/loan split), and includes a placement on Scale-Up Scotland’s pre-scaler programme.
Circular Economy EDGE
Circular Economy EDGE, for circular focused businesses
Circular Economy EDGE is a special award category introduced with Zero Waste Scotland funding to encourage and back entrepreneurs who are exploring more circular ways of doing business.
A circular economy is one that’s sustainable, and as much as possible eliminates waste, everything has value and nothing is wasted. There are new business models, products designed with their whole life cycle in mind – all to keep products and materials in the economy for as long as possible.
The award is prize of up to £100,000 (70/30 loan/grant) for the top Circular business idea.
STV GROWTH EDGE
STV Growth EDGE, for consumer-based product businesses
STV Growth EDGE is a special award introduced in partnership of STV, offering support to one Scottish EDGE winning consumer-based product business. The award comes in the form of £75,000 worth of airtime for a commercial to help grow your businesses. This award is in addition to your Scottish EDGE Award funding. To be eligible for this Award, you must meet all Scottish EDGE eligiblity standards and have a consumer-based product.
Future EDGE & Scaling Innovation EDGE
Future EDGE and Scaling Innovation EDGE are supported by Scottish Enterprise (SE).
Future EDGE
The industries in the Future Industries for Scotland fall under the following categories: Space; Life sciences; Industrial biotechnology; Fintech; Critical technologies; Robotics and AI.
Scaling Innovation EDGE
The Scaling Innovation award is designed to back ambitious businesses with the potential to scale through innovation.
Both awards carry a potential prize amount of £100,000 (30/70 grant/loan split).
Pathways EDGE
Pathways EDGE, for Female-Founded Businesses
The Scottish Government supported Pathways EDGE award is a special award for the top female led business in the competition. The award carries a potential prize amount of £100,000 (30/70 grant/ loan split), which is awarded to one Scottish EDGE finalist on the day of the Live Pitching Final.
