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BGF INVESTS MILLIONS IN LEADING EDINBURGH DATA SCIENCE CONSULTANCY

BGF, the UK and Ireland’s most active growth capital investor has invested £2.3m in business transformation and advanced data science consultancy Optima Partners. This investment will support the consultancy in scaling its industry-leading propositions by growing its skilled workforce and further developing its software as a service (SaaS) solutions. Optima Partners is an Edinburgh-headquartered data

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The Scottish SME Business Awards announces national finalists

Business Connect is delighted to announce the top contenders that have been shortlisted in The Scottish SME Business Awards 2022. Voted for by the public, the awards will be hosted virtually next month and will commend creative and successful SME’s from across Scotland that have pushed the boundaries of innovation and imagination in their enterprise.

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GREAT SUMMER WEATHER CAUSES SURGE IN IRN BRU SALES

Irn-Bru maker AG Barr has reported a surge in sales amid the summer sunshine but warned of an “increasingly challenging” backdrop as prices continue to rocket. Issuing an update on recent trading, the firm flagged revenues of about £157 million for the first half of its new financial year, which would mark a year-on-year rise

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MAJOR INVESTMENT MADE IN HISTORIC DISTILLERY

US spirits giant Brown-Forman is to invest more than £30m in its GlenDronach Distillery in Aberdeenshire. The company said the investment would more than double its capacity, enabling it to meet growing global demand. They’re also looking to make the distillery more energy efficient. The Jack Daniel’s maker bought The GlenDronach in 2016 when it

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VIRTUAL PROGRAMME HIGHLIGHTS MINORITY PROFESSIONALS

Diversity and inclusion organisation AFBE-UK Scotland has successfully run its first senior leadership programme to help ethnic minority professionals progress into leadership roles. The virtual programme ran for 10 weeks from April to July and was delivered through a series of sessions aimed at unearthing the barriers to career progression and charting a path into

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SCOTTISH INNOVATORS BRING IN MILLIONS IN FIRST HALF OF THE YEAR

Recent KPMG UK figures have shown that fast growth businesses in Scotland attracted over half a billion pounds of venture capital (VC) investment in the first half of 2022, despite investors becoming more cautious globally. There were 45 investments completed in Q2 2022, raising over £325 million for Scottish scale ups. In the previous quarter, 41 deals

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COST OF LIVING COULD BE IMPACTING THE FRINGE

Ticket sales for this year’s Edinburgh Fringe have been slower than organisers would have hoped, with the cost of living crisis believed to be major factor Assembly, one of the Fringe’s biggest operators, said ticket sales have not yet returned to pre-pandemic levels. Edinburgh is set to host more than 3,000 shows when it starts

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