Caithness Map :: Links to Site Map Great value Unlimited Broadband from an award winning provider  

 

Alumni Event Marks Three Years Of Pathfinder

15th March 2021

Photograph of Alumni Event Marks Three Years Of Pathfinder

A fully funded business growth programme aimed at nurturing life sciences and technology businesses is celebrating the completion of its third year.

Pathfinder Accelerator was developed by Highlands and Islands Enterprise (HIE) to help businesses bring new ideas to market quicker.

To mark the milestone, an online event is being held today (11 March) bringing together Pathfinder alumni from the past and present as well as speakers from across the UK, which include Rachel Hanretty, founder of Mademoiselle Macaron.

Since Pathfinder Accelerator began in 2018, it has supported 45 businesses and social enterprises to build a company or launch new products, saving both time and money.

Through the programme, companies receive advice from experienced business coaches in the form of tailored online workshops and masterclasses to help participants develop contacts, source funding and plan for future growth.

Among the companies to benefit from the six-month programme is eco woolly hat maker, Welan, based on the isle of Tiree. Owners, Jason and Yvonne Lancaster moved to Tiree from London in 2018 and a year later the Tiree woolly hat was born.

Yvonne said: "We are really glad that we took part in the Pathfinder Accelerator programme. It was a great experience and the mentors were a huge help to us in terms of our pitch and it was fantastic to see how other businesses do things We got a lot out of it. The advice we received was invaluable and our business has gone from strength to strength thanks to the programme."

Six cohorts have successfully been delivered over the three years by The Leadership Factory with coaching provided by UP Accelerator. The last two programmes were adapted to be delivered online due to Covid-19. Participants find the experience both valuable and supportive to their business growth.

The programme forms part of the Northern Innovation Hub, a project led by HIE, with £11m from UK Government as part of the Inverness and Highland City Region Deal and £1.7m through the European Regional Development Fund Scotland programme 2014-2020.

Although previously targeted at SMEs in the Highland Council area, the Pathfinder Accelerator programme was extended in 2020 for anyone in the whole of the Highlands and Islands region with additional funding from HIE.

Andrea McColl, senior development manager life sciences at HIE said: "We are delighted that we could support this group of businesses across the region through Pathfinder and we are looking forward to continue to do so for another three years. We have shown over the last year that online support sessions deliver the same value to businesses.

Commercial success of any new product or service depends on a strong business model and being able to reach the right market. The Pathfinder programme not only guides companies and start-ups through this process but assists with networking and expert insight. Our delivery partners for the last three years, The Leadership Factory and UP Accelerator, have worked with many leading businesses and having access to their experience and contacts has been extremely valuable for our participants."

Andy Kelly, Director at The Leadership Factory said:“It has been a privilege to work with so many great businesses from across the Highlands & Islands area. The potential of the businesses across the region never fails to amaze and there is a real entrepreneurial spirit that the programme is able to support. The Pathfinder Accelerator has helped life science and technology entrepreneurs receive a step up in their ambitions to create jobs and growth in the area.”

The next Pathfinder Accelerator programme will launch in Summer 2021. For those interested in future sessions, please visit www.hie.co.uk/pathfinder to register your interest. Any sector from life sciences, technology, IT, health and care, aquaculture and energy are encouraged to apply.

 

Related Businesses

 

Related Articles

HIE Awards Framework Agreement For Specialist Advice For Businesses
Regional development agency, Highlands and Islands Enterprise (HIE) has awarded a new framework agreement for the procurement of specialist advise to support its clients.   Business advisory firm, Anderson Anderson Brown (AAB), will identify, procure and manage specialist advisors who will support HIE clients as they recover from the pandemic and meet the challenges of Brexit.  
Scottish wedding sector supported by £25million fundThumbnail for article : Scottish wedding sector supported by £25million fund
Over 2,800 businesses which operate within the Scottish wedding industry have been supported by £25.9million worth of funding to help survive the ongoing Coronavirus pandemic.   A total of 2,811 eligible firms received a share of the Scottish Wedding Industry Fund, which was provided by the Scottish Government and administered by a partnership of South of Scotland Enterprise, Scottish Enterprise and Highlands and Islands Enterprise (HIE).  
Boost For New Tourism Business In MorayThumbnail for article : Boost For New Tourism Business In Moray
A project to create a new luxury venue and holiday accommodation in Moray has secured up to £100,000 from Highlands and Islands Enterprise (HIE).   The project, by Rothes Glen Limited (RGL), will create up to ten new full-time equivalent jobs in rural Speyside.  
The United Kingdom Internal Market Act 2020 - What It MeansThumbnail for article : The United Kingdom Internal Market Act 2020 - What It Means
The Institute for government has produce a paper explaining the Act.   The United Kingdom Internal Market Act 2020, which became law on 17 December 2020, will govern the trading relationship between the nations of the UK.  
The Latest Fraser Of Allander Scottish Business Monitor
This week we published our latest Scottish Business Monitor in partnership with Addleshaw Goddard.  You can read the latest Scottish Business Monitor in full here.  
£4.5m Investment In Argyll DevelopmentThumbnail for article : £4.5m Investment In Argyll Development
More than £4.5m is to be invested in expanding the marine enterprise cluster in Argyll, in a move that is expected to create more than 30 well-paid jobs.   HIE has approved the funding for two new stages in its development of the European Marine Science Park (EMSP) at Dunstaffnage near Oban.  
More young entrepreneurs set to make an impact
Another 27 young business leaders from around the Highlands and Islands have become the latest to take part in a year-long programme aimed at developing the next generation of entrepreneurs.   IMPACT30 is a fully funded business growth programme, offering bespoke support from industry specialists.  
£3 Million For Snow SportsThumbnail for article : £3 Million For Snow Sports
£2 million funding was originally announced in December but has now been increased to £3 million.  The funding will support snowsports centres that have been forced to close due to Level 4 restrictions to curtail the spread of COVID-19.  
A Plus and A Minus For Moray Tourism
The Plus A three-year project to restore confidence and resilience in Moray's tourism sector, has secured £350,000 from Highlands and Islands Enterprise (HIE).   The project, by strategically important destination management organisation Visit Moray and Speyside (VMS), will deliver a series of initiatives aimed at inspiring, enabling and delivering destination recovery.  
Shetland Firm To Produce Biltong Health SnackThumbnail for article : Shetland Firm To Produce Biltong Health Snack
A Shetland firm is to launch a new range of biltong snacks, including Scotland's first lamb biltong, in a move that is expected to create new jobs.   J & G Shetland Ltd, which owns Sound Service Station is set to start production at their premises in Lerwick, in February 2021.