Three Edinburgh Innovations clients are among the “30 under 30” list of Europe’s leading young entrepreneurs published by US business magazine Forbes.
Douglas Martin, founder of MiAlgae, which aims to revolutionise the acquaculture and agriculture feed markets with its microalgae-based product, and Jack Ryder and Sam Howarth, founders of Bump, the online marketplace for streetwear, are among 2020’s “young visionaries boldly redefining 10 industries across 32 European countries”, according to Forbes.
All three have been clients of EI’s Enterprise Services team since 2016 when Martin was studying MSc Synthetic Biology and Biotechnology and Howarth was a Business Management undergraduate student. They have been advised throughout by EI’s Liza Sutherland, Senior Enterprise Executive.
Sutherland’s support for MiAlgae has included helping value the business proposition, raising funding through grants and investments, building the business’s team, writing business plans and securing office space.
In the case of Bump, EI was instrumental in introducing the team to Fanduel founder Rob Jones, an encounter that radically changed their approach, and then to an Edinburgh graduate who advised them successfully on how to secure a place at the prestigious Y Combinator accelerator programme in California, after which Bump received a major investment.
“Douglas has always been a thinker, learner and experimenter who has wanted to make an environmental impact on the world while building a world leading ambitious business.
“Jack and Sam from Bump have been total grinders, working nonstop on building their marketplace. They are very ambitious, have a goal, set their eyes on it and take it. Plus they are very cool wearing all that streetwear.”
– Liza Sutherland, Senior Enterprise Executive.