Edinburgh technology business wins £25,000 at KPMG’s Black Entrepreneurs’ Awards
Edinburgh-based Draconite, which specialises in heat-protection technology, has been named ‘Most Promising Small Business’ at KPMG UK’s annual Black Entrepreneurs’ Awards, receiving a £25,000 cash prize to invest in the company.
Now in its seventh year, the initiative supports emerging entrepreneurs by providing them with a platform to showcase their ventures to a wider audience and enabling opportunities for growth.
Four businesses were selected as winners from 12 finalists and more than 140 entrants, each receiving £25,000.
All finalists will receive exclusive access to a 12-month programme created to provide guidance, expertise and connections to support their business.
Founded by inventor Dr Alisha Fuller-Armah, Draconite has developed heat-protection material with potential applications across aerospace, defence, electric vehicles and construction, showcasing the reach of Scottish innovation.
She said: “Winning this award is a tremendous honour. Draconite shatters expectations not just in how we build, but in what can be achieved."
Vishal Chopra, Scotland senior partner at KPMG UK, said: “Scotland has a thriving entrepreneurial landscape, with ambitious businesses developing new ideas and technologies that have the possibility to make a real impact on a global scale and Draconite is a great example of just that.”
Pictured left-right, winners Dr. Alisha Fuller-Armah, Draconite; Eniye Okah, BEAME; Julianne Ponan, Creative Nature and Darren Miller, Black British Initiative
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