Scottish state-owned investment and national development bank
Simple Online Healthcare has grown revenue from £20m to £155m and is poised to reveal full accounts. The Scottish Tech 50 shows many scale‑ups face a turnover barrier at £50m, with CodeBase noting a “valley of death.” The latest data suggests margins are expanding for nearly half of the leading firms, but leadership and access to growth capital remain critical.
The Scottish National Investment Bank has pledged 19.5m for a mixed private and affordable rental scheme near Edinburgh's Bio Quarter and Little France. The project will deliver 241 private rentals and 129 affordable homes, with energy‑efficient timber construction and a new community heat network. Construction is set to begin later this year with first completions in early 2028, as SNIB expands its housing pipeline and years-long losses are acknowledged.
SSE has named Montrose Port as the preferred operations base for Berwick Bank B, part of a planned offshore wind farm, creating about 100 long-term jobs and supporting a further 30 during construction. Subsea Micropiles will run a new £5m facility to manufacture wind-turbine components, backed by public investment. The announcements position Scotland as a hub for floating offshore wind and bolster Montrose’s role in the energy transition.