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North-east startup firms to battle it out for thousands in funding

Robert Gordon University
Robert Gordon University

Tens of thousands of pounds is up for grabs by north-east start-up businesses this weekend.

Firms involved in The Robert Gordon Accelerator programme are pitching for huge sums to boost their work.

A panel will judge 14 start-ups going head to head for the money tomorrow.

Initially 28 teams were in the running for the cash.

The start-up which can prove it has made the biggest global impact will take home £20,000, while the most improved team and the one with the best pitch will win £15,000.

The company picked as the audience’s choice will get another £10,000.

The RGU Start-up Accelerator was launched last September for staff, students and alumni from the university and North East Scotland College.

It is hoped it will support entrepreneurs to set up a business, add value to the local marketplace, and create local jobs.

The programme – funded by The Wood Foundation – is the first of its kind in the north-east. All of the 28 start-ups chosen have already received as much as £10,000 in funding as well as training, development and mentorship.

The programme is part of ongoing efforts to diversify the north-east economy.

The first 28 teams are working on products and services in a number of industries including healthcare, digital media, energy, food, fashion and textiles, financial technology and retail.