arbnco recognised as one of Top Ten Virgin StartUps

We have officially been recognised as one of the leading startups in Scotland, after being named in Virgin’s Top Ten StartUps in recognition of our work to reduce carbon dioxide emissions.

We are working with Scottish academics to reduce CO2 emissions for the world’s largest commercial building owners and helping companies manage energy within their buildings to ensure they are complying with energy legislation.

The Department for Business, Energy and Industrial Strategy recently recognised our software to meet the requirements of the MEES guidelines as a “relevant recommendations report” for registering exemptions under MEES.

Andrew Hutchison, Head of Strategy at Virgin StartUp said: “We had over 100 entries from startup businesses and entrepreneurs across Scotland, which was a fantastic response.

arbnco was recognised for its innovative work with the likes of the University of Strathclyde to improve energy efficiency across commercial property in Scotland and throughout the rest of the UK. We were impressed with its efforts to reduce the carbon footprint whilst improving the wellbeing and working environment of those working in properties throughout the UK. 

“Through the Virgin StartUp 10 competition we aim to champion Scottish entrepreneurs and the positive impact they have on the country.”

Supporting the judging process were four of Scotland’s most renowned entrepreneurs, who will also mentor the overall winner as part of the ‘money can’t buy’ prizes on offer to all ten finalists.

They were:

  • Jackie Waring – the founder & CEO of Investing Women and leader of Scotland’s only all-female business angel group
  • Leah Hutcheon – the founder and CEO of Appointedd, an Edinburgh-based tech company revolutionising the way bookings are made online
  • Bob Keiller CBE – Chairman of Scottish Enterprise
  • Cally Russell, Founder and CEO of Mallzee, the UK’s leading multi-retailer shopping app

Simon West, co-founder of arbnco said,

“We are really pleased Virgin has recognised our hard work and everything we are building in Glasgow. It has already been a big 2018 for us. This month we embarked on the first energy focused trade mission to New York with Scottish Development International, and our arbn well software was officially recognised by the Government to help register MEES exemptions. We are excited about becoming part of the Virgin StartUp 10 alumni and we can continue to expand the organisation through the support of the mentors and Virgin StartUps.”   

Bob Keiller CBE, Chairman of Scottish Enterprise, said:

“It’s fantastic to see an innovative Scottish start-up being recognised for its achievements. With a global mind-set, ambition to scale and real curiosity for new opportunities, arbnco has a very bright future and I’ll be watching its progress with interest.”

The search for Virgin StartUp 10: Scotland began in January 2018 and the final held in March.

Launched in England in 2012, Virgin StartUp is the not-for-profit arm of the Virgin Group spearheading the Group’s entrepreneurial philosophy. It provides Government backed loans between £500 and £25,000 to entrepreneurs who work with the VSU team to build robust business plans. As well as finances, VSU also recognises the importance of guiding business owners through their infancy years, and matches them with a specific business mentor local to them. There are over 700 of these mentors available.

Virgin StartUp launched in Scotland in 2016 and recently celebrated its first anniversary in the country; during that time it has supported 69 businesses with loans and mentoring, but the not-for-profit has ambitions to fund more entrepreneurs than this.

Virgin StartUp 10: Scotland is being sponsored by BDO which supports businesses at all stages of the lifecycle from early stage startups to those looking for growth funding.