Lack of private backing threatens firm's move to Scotland

Lack of private backing threatens firm’s move to Scotland

An English medical company founded by the inventor of Clear Blue pregnancy kits was offered £250,000 of public money to relocate to Scotland, but the deal now faces collapse due to a lack of private backers.

The Surrey based company,Fertility Focus, was expecting to be offered the deal by inward investment agency Scottish Development International (SDI) as part of efforts to raise £1 million to finance its next round of growth.

http://www.heraldscotland.com/business/corporate-sme/lack-of-investment-threatens-fertility-firm-s-move-to-scotland-1.1029752