Six companies set up through Edinburgh University's ‘Accelerator Pipeline’ Programme secure funding
Six Edinburgh University start-up companies launched this year have so far raised £500,000 of investment.
The companies, set up by postgraduate students and alumni through the university’s ‘Accelerator Pipeline’ Programme, have secured funding from the programme and from investors like the Scottish Enterprise Smart Fund, Shell and Santander.
The companies are rental properties management platform AdvancetoGO; advertising analytics firm AdvertEyes; surgical simulation company eoSurgical; audience engagement manager Feusd; social media specialist Social Artisan; and medical devices design company MediCenDevis.
Grant Wheeler, head of company formation at the University of Edinburgh, said: “The programme was launched in 2010 to offer to Edinburgh’s research students with high-growth potential business propositions based on knowledge and intellectual property developed at the university.
“During the last academic year, six companies successfully won investment from the programme and have gone on to secure additional investment totalling almost half a million pounds.
“This is a remarkable achievement in such a relatively short timeframe and stands testament to the strong calibre of the aspirational student entrepreneur the university is renowned for.”