TWO Scottish firms have been named amongst the most disruptive startups in the UK.
The Startups 100 has released its 2024 lineup and this year it includes Scottish startups, OK Positive and Ujaama Spice.
The UK’s longest-running index of the most promising new startups, Startups 100 showcases the top 100 new UK businesses which exhibit innovation, solid financials, opportunity in their market, a great concept and a strong customer base or following.
READ MORE: Scottish firm nominated for prestigious £1 million prize
The Startups 100 Index has been running for the last sixteen years, spanning all industries.
Ujamaa Spice was also nominated for this year’s Startups 100 Just Started award, which celebrates fast-growth firms founded in the year before their application was submitted.
The company sources and sells single-origin, ethical, and traceable spices directly from farmers in Zanzibar – looking to address the issues of low-quality spices, criminal activities involving adulteration, and the economic plight of farmers.
OK Positive, meanwhile, is a tech-powered platform identifying and pre-empting triggers that can cause mental health issues enabling early intervention.
To support the launch of this year’s list, Startups.co.uk also surveyed 546 UK small businesses on their outlook for 2024. Scottish customers were identified as being the best at supporting local businesses, with 79% of Scottish firms say strong customer relationships and loyalty have contributed to their success.
In previous years the Startups 100 index has predicted the success of huge names such as Monzo, Deliveroo, and Notonthehighstreet.
Managing Editor of Startups.co.uk, Richard Parris, commented: “The ingenuity and innovation of the brands featuring in our annual Startups 100 index never ceases to amaze, and this year is no exception.
"Despite the crises of the past couple of years, we’ve seen some incredible businesses from every corner of the UK in our rankings. They may be tackling different challenges to one another, but there’s a shared mood of opportunity and an optimism for the year ahead that’s invigorating to see as we begin 2024.”
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