Today marked a significant day in the start up calendar with the opening of the Entrepreneurial Spark Edinburgh Hatchery and the Scottish EDGE office space, both at a new hub within the RBS headquarters in Edinburgh. We have an ongoing relationship with both of these organisations and were delighted to be among the 600 attendees within the old ‘executive wing’ of the RBS Gogarburn main building for what was an inspirational event.
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Latest articles from Paula Skinner
Well, its many HM'ers favourite day of the year and it's over again for 2015 – the Scottish EDGE Final.
Just over four years ago Paula Skinner, a Partner in the Corporate department at Harper Macleod, met Jim Duffy … and she didn’t know what was about to happen. Here Paula, head of the firm’s Startup & Investment team, reflects on the journey as Entrepreneurial Spark - now the world’s largest free business accelerator for early stage and growing ventures - celebrates its 4th birthday.
Dragons’ Den, the hugely popular BBC television show which sees entrepreneurs pitch their ideas to multimillionaires in order to secure investment, has entertained viewers for a decade. Whilst each of the Dragons are experienced investors in their own right, the subsequent success of many Dragons’ Den rejects raises the question – Do the Dragons really know best?
The recent announcement from Crowdcube of the world’s first successful crowdfunding exit marks a notable development in the crowdfunding industry. The sale of E-Car Clubs, the UK’s first entirely electric car sharing club, to Europcar has ensured that those 63 investors who helped raise £100,000 worth of investment through crowdfunding in 2013 will receive a “multiple return” on their initial investment. Whilst the first exit of its kind, it is unlikely to be the last. As the industry continues to grow and with many investors investing in various different businesses through crowdfunding, it is only a matter of time before we see more successful exits.