finance

Scottish EDGE's latest competition launches with a £1.5 million prize pot



Scottish EDGE has launched for its 19th round, with a total prize pot of up to £1.5m.

The Royal Bank of Scotland-supported Net Zero EDGE award, which had its debut at COP26 last year and supports Scotland’s target to be net zero by 2045, is returning, with up to £100,000 on offer for businesses tackling the climate emergency.

Scottish Enterprise has also agreed to extend its contribution of £75,000 in the Young EDGE category for both rounds 19 and 20, following the impact of the initiative in the previous round, doubling the number of Young EDGE winners from seven to 14.

The additional funding compliments the £1m boost led by The Hunter Foundation from several of Scotland’s leading entrepreneurs last year.

The Scottish EDGE awards now consist of the core Scottish EDGE, Young EDGE and Wild Card EDGE categories, as well as the specialist category awards: Net Zero EDGE (supported by RBS), Social Enterprise EDGE (supported by Postcode Innovation Trust), Circular Economy EDGE (supported by Zero Waste Scotland), Growth EDGE (supported by STV), Industrial Biotechnology Innovation Centre EDGE (supported by IBioIC) and Creative EDGE.

The key dates for the competition are as follows:

  • 11 January – Application window opens.
  • 15 February – Application window closes.
  • 28 February to 17 March – First stage assessments undertaken.
  • 22 March – First stage assessment results sent out.
  • 25, 26, 27 and 28 April – Scottish EDGE Semi Finals.
  • 3 May – Semi-Final results sent out.
  • 4 and 5 May – Young EDGE Final.
  • 10 May – Wild Card EDGE Final.
  • 12 May – Social Enterprise EDGE Final.
  • 25 May and 26 May – Scottish EDGE Final Days.
  • 9 June – Awards ceremony

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