Media Release: Funding event for Scottish life science businesses

Jane Kennedy BioCity July 2013

Funding fundamentals for Life Science Entrepreneurs – a keynote event at

BioCity Scotland – 26th September 2013, 9am – 5pm

AMBITIOUS life science businesses will have a valuable opportunity to tap into advice from leaders in the field of funding for life science businesses at all stages of development and growth at next month’s special event organised by BioCity Scotland at Newhouse on 26th September.

Representatives from SMART, SIB, crowdfunding, angel  investors and  venture capitalists will be on hand to discuss options and pre planning requirements.

Andrew Elder a partner in Albion Ventures, one of the largest independent venture capitalist firms in the UK, will take part in panel sessions, and a keynote speech about Scottish start-up funding ,will be delivered by Dr Glenn Crocker, chief executive of BioCity.

There will also be presentations from Jock Millican, a director of Equity Gap and chairman of LINC Scotland – ‘the Scottish Angel Capital Association’. Brian Hale, the west of Scotland manager will be also present.

Crocker is author of the UK Life Sciences Start up Report, where he says Scotland has bucked the UK trend: “A significant increase in the establishment of new companies in Scotland between 2007-2011 is entirely accounted for by increased university spin-outs, up 47 per cent in the study period. In addition, the number of specialist pharmaceutical companies is on the increase, with Scotland standing out as a hot-spot in this field.”

Case studies will be presented by Dr David Lightbody of Biogelx, and Alastair Atkinson of Dysis Medical which successfully raised an additional £7.4m earlier this year.

The event will be delivered through panel sessions and case studies. Legal eagles from McClure Naismith will explore how to set up agreements and accountancy firm Scott Moncrieff will talk about EIS and SEIS approvals.

Delegates will have direct access to key funding bodies such as the Scottish investment Bank, Kelvin Capital and Clydesdale Bank Investment Growth team, as well as hear from Crowdmission, Encompass,  LINC Scotland, and Maven Capital.

Jane Kennedy, operations manager at BioCity Scotland, says: “The one day event will look at how to leverage existing funds, how to prepare your business case for investors and how to fund growth.  It is perfect for those start-up businesses looking for funding or those planning to expand.

“We have had a great response to this event already, which is for both our tenants at BioCity Scotland as well as those working in life science businesses elsewhere in Scotland. It’s a great opportunity too to network within the sector. Places are limited so I would urge anyone interested to sign up soon!”

To register to attend go to

This is a free event, and includes lunch.


MEDIA RELEASE posted by The Business PR. You too can post media releases (aka press releases) here. For more information, email us.

Contact: Carol Anderson
Phone: 0131 718 6022