Scottish Business Briefing – July 23nd 2013

WELCOME to scotsman.com’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today.
David Willetts. Picture: Phil WilkinsonDavid Willetts. Picture: Phil Wilkinson
David Willetts. Picture: Phil Wilkinson

FINANCE

Accountancy firm warns SMEs against crowdfunding

AN accountancy firm is urging small and medium businesses to consider the long-term consequences before trying to raise money through crowdfunding and peer-to-peer lending warning there is scope to be “ripped off”. (Herald)

MANAGEMENT

Dunedin pledges £60m for Scots firms

PRIVATE equity firm Dunedin has pledged to invest £60 million from its latest £300m fund into Scottish businesses. (Scotsman)

MEDIA, TECHNOLOGY & LEISURE

Willetts pumps £5m into Edinburgh’s Easter Bush

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SCIENCE minister David Willetts yesterday unveiled £30 million of funding to help businesses tap into inventions created by agriculture researchers. (Scotsman)

Digital company ‘hotspot’ in Aberdeen

BRITAIN’S “digital” economy is 40 per cent bigger than UK government estimates, according to a report issued yesterday by the National Institute for Economic & Social Research (NIESR). (Scotsman)

ENERGY

EnerMech £10m deals to expand global market share

ENGINEERING services company EnerMech has continued with its aggressive global expansion by buying two businesses in deals worth £10 million. (Scotsman)

TRANSPORT & INDUSTRY

Inverness Airport ‘missing out on business travellers’

More than 50,000 passengers a year are being lost to Inverness Airport because it has no link with Heathrow, the results of new research suggests. (BBC)

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