New US Boost for Scottish Tech Companies
Five innovative Scottish firms will showcase their solutions in the Silicon Valley in the US.
The Scottish Enterprise’s US MarketBooster Programme, is a pilot project with the objective to double the number of scaling companies in Scotland within the next decade, it is an example of a new missions-based approach to economic transformation. Over a 16-week programme, these companies will receive immersive support designed to accelerate their market readiness and sharpen their competitive edge in the United States.
The programme is split into two phases. The first, an eight-week discovery period, is taking place in Scotland. Here, the founders collaborate with experts to refine their strategies and align their offerings with the competitive US market. The second phase will see them travel to the Silicon Valley, where they will be immersed in its rich entrepreneurial ecosystem, surrounded by global entrepreneurs, investors, and innovators.
The companies involved in this initiative include Aveni, Cloudsoft, Lasting Asset, Lupovis, and Talking Medicines. These firms innovate in diverse fields such as fintech, artificial intelligence, cloud computing, cybersecurity, and healthcare data analytics.
The United States remains Scotland’s largest export market, and for good reason. With Silicon Valley’s unparalleled network of investors, partners, and talent, the opportunities are considerable. This programme aims to take away 6–12 months off the typical time it takes for companies to gain a foothold in the US market. It’s a vital head start in a highly competitive environment.
Reuben Aitken, Managing Director of International at Scottish Enterprise, emphasises the strategic importance of this initiative: “To scale up, Scottish businesses need to think globally. The US MarketBooster Programme is a direct response to this need. By combining support here in Scotland with deep immersion in the Silicon Valley ecosystem, we’re setting these companies up for success.”
The pilot programme is now underway, with the group set to travel to Silicon Valley in March. By the end of April, the participating companies will have completed a transformative experience, equipped with the knowledge, networks, and strategies to scale new heights.
