Business support

Moray start-ups set for first business accelerator

Twelve Moray businesses are set to be the first to benefit from an innovative business accelerator, launched across the area.

Highlands and Islands Enterprise (HIE) and Business Gateway have appointed entrepreneurial support organisation, Elevator, to deliver the 13-week programme.

The Moray Accelerator powered by Elevator, started on Wednesday 18th September and will see the 12 companies immersed in an intensive educational and business development environment.

Participants are pre-start and early stage firms from sectors such as hospitality, tourism, construction and third sector, looking to transform their innovative ideas to greater national and international success.

One of them is IT Central, a technology centre at the heart of the community designed to ease the struggles with IT while offering tech clubs for children. Another is R-evolution Scotland - from Moray School Bank - a social enterprise with ambitions to end child poverty. And a third is Mini Footprint, a sustainable clothing company with a goal to minimise the global carbon footprint and reduce waste.  

Throughout the fully funded programme Elevator, HIE and Business Gateway will support each company, including access to seasoned entrepreneurs, a national and international network of mentors and dedicated one-to-one business advice.  

Donna Chisholm, HIE area manager in Moray, said:

“Following a successful bootcamp, I am delighted to see our first cohort established for the Moray Business Accelerator. We have a cross section of Moray businesses participating and our focus now is to ensure the programme is tailored to make the experience as engaging and valuable as we possibly can for them.”

Richard Cormack Corrigan, Elevator’s Moray accelerator manager, said:

“This is the first time we have operated an accelerator in Moray and we expect this programme to strengthen Scotland’s entrepreneurial offering.

“Having met with the cohort, and delivered the programme’s first weeks, I have witnessed first-hand the drive and determination of each. I am excited to see what success lies at the end of each individual’s accelerator journey.”

Companies in the first Moray Accelerator powered by Elevator are listed below:

For further information on the programme visit www.elevatoruk.com and track the journey of each business on Elevator’s Facebook page.

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