Converge Challenge 2018 closed to the record-breaking news of receiving 223 applications from Scottish University staff and students demonstrating the appetite for entrepreneurship across Scotland. This continued growth brought them to over 1,100 applications since the programme inception and an over 5 times increase in the number of budding entrepreneurs stepping forward compared to their inaugural year in 2011.
The wheelAIR cooling backrest cushion was offered a £75K investment deal by four Dragons on the latest episode of Dragons’ Den after hearing a pitch by Staels Design’s Managing Director Corien Staels.
The Dragons decided to pair up with both Peter Jones and Deborah Meaden, and Touker Suleyman and Tej Lalvani offering £75,000 in return for a 30% equity stake, with the option of buying back 10% of the shares once the initial return on investment was made.
Social Investment Scotland (SIS) Scotland’s leading provider of affordable, flexible, repayable investment for social enterprises in partnership with Weber Shandwick, one of the world’s leading global communications and engagement firms, today are joining the prestigious listing of companies working with Converge Challenge 2018.
SIS, in partnership with Weber Shandwick, are providing a prize of £20,000 cash and in-kind business support for the winners to help them become investment ready and develop their brands for success. The benefits include a package of workshops, one-to-one support and mentoring, providing the winners of the 2018 Social Enterprise Award with the right tools and expertise to maximise and sustain social impact.
MindMate have been named in the influential Forbes 30 Under 30 Europe 2018: Social Entrepreneurs.
Co-founders, Susanne Mitschke, Rogelio Arellano and Patrick Renner developed the award-winning App that provides fun and interactive games to stimulate the user's cognitive abilities based on world-leading research. The games challenge cognitive areas for individuals living with memory issues, Alzheimer's, other forms of Dementia or traumatic brain injury.
Ambitious entrepreneurs gathered at the inspiring contemporary sculpture park Jupiter Artland to launch the 2018 company creation programme, now in its eighth year.
Converge Challenge is aimed at staff, students and recent graduates from all Scottish universities, inspiring them to develop their ideas into viable and successful ventures.
The Converge Challenge Outreach Team will be travelling across Scotland from January - March to promote the 2018 programme to staff and students from all Scottish Universities and Research Institutes.
The Outreach team includes Dr. Claudia Cavalluzzo and Adam Kosterka. Claudia has experience in entrepreneurial leadership and Life Sciences spin-outs while Adam has extensive knowledge of business start-up and innovation.
Together, Adam and Claudia offer hands on support to all Converge applicants, be it application advice or just a sounding board.
Turtle Pack have been crowned the winner of Murgitroyd's Autumn Edition of the Innovator Launchpad competition, taking home the first place prize worth over £10,000.
Innovator Launchpad was created by our valued Partner, Murgitroyd in Spring 2017 to support the start-up community in the UK by giving the community a Facebook platform on which to collaborate, access useful resources and compete for funding.
Shot Scope Technologies, maker of the innovative wearable performance-tracking device for golfers, has just raised £1.6 million in its latest funding round.
This brings the total raised by the company to £4.5 million since December 2014.
Converge Challenge has been supporting www.lendwithcare.org entrepreneurs in developing countries since December 2014 in lieu of sending Christmas cards.
In 2017 we continue with our support to get new businesses started in this way. Lendwithcare brings together entrepreneurs in developing countries with people with the power to help them - people like us ... and you. Run by one of the world's leading aid and development organisations, Lendwithcare is a revolutionary way for us all to help people in the developing world to transform their lives
Dr. Claudia Cavalluzzo has just been appointed as the Deputy Director of Converge Challenge and Enterprise Outreach Manager at Heriot-Watt University. Claudia will be responsible for supporting and developing collaborative partnerships with all Scottish Universities and Research Institutes, all stakeholders within the entrepreneurial eco-system in Scotland as well as advising Converge Challenge participants.