ORBIS Energy Innovations has made it through to the final round of the Scotland-wide Unlocking Ambition Programme. The Final Stage could see the start-up firm win a £25,000 Development Grant, as well as gaining valuable business advice and mentoring support for a six month period.
The company, which is due to launch next month, has developed an architecturally led internal wall insulation solution, which has been scientifically proven to reduce heat loss by up to 93% in the treated wall elements of granite and sandstone homes. The product was designed by North-east Engineer, David McGrath, with support of the Scott Sutherland school of architecture at RGU. It offers a low-cost solution that will help the North-east, and Scotland overall works towards its zero-carbon objectives. As part of the Unlocking Ambition Programme, Orbis Energy Innovations went through a rigorous application process, along with another 261 applicants.
Managing Director, Beena Sharma, comments: “It’s really exciting news for Orbis, especially at this early stage in the business. After a delayed start, due to COVID-19, it has given us a real boost! We’re ready to launch our new insulation system next month and although we’ve already had a lot of interest, being part of this cohort would really help make our launch a success. We are committed to reducing fuel poverty in Scotland and offering sustainable energy efficiency solutions in the home. Our R&D stage took 3 years, so it would be great to be recognised for this, but also, more importantly, the funding and mentoring support would go a long way in helping us achieve our goals.”
Orbis is one of 50 applications in line for the “UA2 cohort”, which has support available for up to 40 ambitious entrepreneurs. Unlocking Ambition is delivered by Scottish Enterprise in partnership with Scotland CAN DO – working together to bring intensive wrap-around support for our most promising entrepreneurs. The Programme is for founders who can demonstrate their ideas are scalable, able to create good jobs and benefit society, supporting Scotland’s green economy ambition.
The final round of the competition is taking place on Wednesday (14th October), with winners being announced shortly after.