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Community group nominations sought for Queen s Award 2022
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£1 million-plus boost as latest winners of Sir Tom Hunter-backed Scottish Edge competition unveiled
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LORD Willie Haughey has revealed plans to spend more than £1 billion on building 11,000 homes in Scotland over the next nine years, aiming to tackle shortages and transform the housing market. He is embarking on this huge project after striking a deal to sell a 24 per cent stake in his family-owned City Facilities Management Holdings business to Scottish property group Ediston for £640 million. The Glasgow-based entrepreneur, who is a former non-executive director at Celtic, has developed a model which he believes will dramatically reduce rental costs for tenants, and aims to make this preferable to buying a house and taking out a mortgage for many people.
Scottish entrepreneurs pledge £1m to business funding competition
Sir Tom Hunter has given £300,000 in grants and £200,000 in loans (Lesley Martin/PA)
Sir Tom Hunter and the co-founder of BrewDog are among the Scottish entrepreneurs to have pledged £1 million to a funding competition for potential high-growth businesses.
The additional funding will be awarded in the next four rounds of Scottish EDGE, which supports innovative companies with up to £150,000 cash in a combination of grants and loans.
It comes after a report published by Oxford Economics, commissioned by The Hunter Foundation, suggested radical and ambitious policy changes are required for Scotland’s economic performance to be significantly boosted within the next 15 years.
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