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Pictured are Stuart Brown and Jamie Grant from Barclays with Stephen Coleman from CodeBase
Commenting on the news, Keith Brown MSP, Cabinet Secretary for Economy, Jobs and Fair Work, said: “This lab will offer a fantastic new base for Scottish businesses to grow, providing access to a range of experts, workshops and advice.
“The Scottish Government is committed to promoting a CAN DO culture of entrepreneurship across all industry sectors. This type of support is crucial to ensure the most talented entrepreneurs, from Scotland and elsewhere, have the best opportunities to develop their ideas and create the successful new companies we need for our economy to continue to grow.”
It will provide access to resources including expert mentoring, workshops and equipment to complement CodeBase’s existing incubator - giving Scotland’s start-up and scale-up communities a crucial boost. Technologies such as digital fabrication, 3D printing and laser cutting will be available, providing businesses with access to the tools they need to rapidly produce and test prototypes without having to import from overseas.
Stuart Brown, Head of SME Scotland, Barclays, commented:
“Scotland’s entrepreneurs need new investment and support in order to scale-up, and we are equipped to help them grow and complete on a world stage.
“As a partner, CodeBase brings unrivalled expertise in the digital sector, while our Barclays experts are able to provide the mentoring, connections and collaborations required for Scotland’s businesses to flourish – you could say that the two are perfectly paired for this partnership.
“Edinburgh is an exciting digital hub with huge growth potential. Our new Eagle Lab, which forms part of our wider growth strategy in Scotland to help businesses and entrepreneurs to develop, will help stimulate economic growth and create jobs in the local area and across Scotland.”
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CodeBase is the UK’s largest startup incubator, home to more than 100 of the country’s best technology companies. We champion businesses tackling big challenges with technology, and work tirelessly to support the development of a more diverse and competitive European digital industry.
