Highlands and Islands entrepreneurs are being encouraged to apply for round 3 of the Scottish EDGE.
The £2 million Scottish Government competition, which aims to support and encourage growth in Scotland, is now looking for applications from ambitious entrepreneurs who wish to establish or grow their business.
There have been three Highlands and Islands winners so far, Stormpods, The Thurso Cinema and Hebridean Sea Salt, which have benefited from a combined total of £115,000.
Aimed at stimulating economic growth the fund will invest up to £50,000, from a total pot of around £750,000 for this round, in businesses that demonstrate the most potential. Winners will also receive a package of support from The Royal Bank of Scotland which may include free banking, security advice, or mentoring support. Further support in the form of investment or innovation advice will also be provided where appropriate. To date, the Scottish EDGE has invested over £1.2 million in 35 companies.
To be considered, applicants must submit an application form and a 3-minute video pitch. The 60 applicants who score the highest will attend one of two semi-finals across the country. The final 30 will then pitch to a high level investment panel, drawn from Scotland's leading entrepreneurs and business people, in December 2013.
Alex Paterson, Chief Executive of Highlands and Islands Enterprise, said: "The first two rounds of the Scottish EDGE competition have already proven that Scotland is a fantastic place to start and grow a successful business. We have a huge amount of support across the public and private sectors for entrepreneurs across the country and this latest round of funding will seek to identify the best of Scotland's up-and-coming business talent. There has never been a better time to come forward with sound, commercial ideas and see them come to life."
Applicants can find more information via: www.hie.co.uk/ScottishEDGE
Applications close at 3pm on 18 September 2013.