Launched by Kallum Russell and Jerry Alexander in 2013, Acorn Enterprise aims to grow Scotland’s entrepreneurial culture. The not-for-profit organisation works with new businesses and student entrepreneurs across Scotland from its base in Liberty Business Centres, Rosyth.
The organisation helps the new businesses, known as ‘acorns’ on the 20-week Programme to develop confidence and business skills. The Programme offers successful applicants office space, seminars, and access to equipment.
Chief enterprise officer, Kallum Russell, said: "We originally launched Acorn Enterprise to tackle the appalling start-up rate in Fife head on.
Buoyed by the success of our previous 5 successful 20-week Business Accelerator Programmes, we’re excited about the start of our sixth one.
We are now looking to expand the reach of our proven model across Scotland and are having a number of exciting conversations with several local authorities and education institutions, about running our Programme and other enterprise activities with them."
Since inception in 2013, Acorn Enterprise has worked with over 160 new and growing businesses and student entrepreneurs.
The Acorns on the sixth Business Accelerator Programme include a business that manufactures bespoke ski goggle covers (the Proggle), an organic beard care company (Bearded Basturds) and a recent Young EDGE winning business, which helps children learn to swim (Turtle Packs).
Kallum said: "Whilst there has never been a better time to launch a new business in Scotland, we feel there is a gap in support for business owners in more rural locations, like Fife, where we're based.
"Therefore, our focus is on building sustainable new businesses, that may not employ thousands of people or have global aspirations, but are of paramount importance to the local communities they operate in and to the local staff they employ.
"As we always say, from little Acorns mighty Oaks grow!"
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