Data / Digital: New Scottish tech start-up accelerator launches

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https://www.insider.co.uk/news/new-scottish-tech-start-up-34088018?utm_source=business_insider_newsletter&utm_medium=email&utm_campaign=lunch_daily_newsletter&utm_content=&utm_term=&ruid=8f613dac-1722-4fb7-a8db-753208df5861

Run by Techscaler, the first cohort of 10 fledgling companies should become better equipped to get funding. The three-month Funding Accelerator programme is designed for start-ups looking to raise their first or second rounds of equity investment, in the £100,000 to £1m range. Research indicates that while early-stage funding in the UK dropped by only 7% in the first quarter of 2024, against the fourth quarter of 2023, the year-on-year quarterly decline was closer to 25%.