Tontine Start-Up Nudges out the Competition to Achieve Accolade

Tontine based tech enterprise Nudge Exchange, are delighted to be one of only eight young businesses to have secured a place on the TechX Accelerator Programme at the Oil & Gas Technology Centre in Aberdeen – a partnership with Equinor, BP and KPMG that invests in and supports those start-ups which have potentially game-changing technologies for the UK energy sector.

The TechX Accelerator, which offers funding and mentoring support as well as key networking opportunities, looks to accelerate early stage start-ups, helping them to bring their innovations and ideas to the market faster.

Nudge Exchange, which has occupied desk space at the Glasgow City Deal business incubator Tontine since last autumn, has been developing a platform for the gig economy worker in the energy sector. A place that provides the opportunity for the contractor to engage, market their skills, transact and manage their workflow. Equally it is a place where businesses can market themselves and secure top talent, as and when they need them for a fair market rate.

Nudge Exchange founder Darren Nicol said: “I’ve worked in the oil and gas industry for over twenty years and have always relished the chance to explore new ideas and different ways of working within the sector. Nudge Exchange is off to a flying start, first securing desk space here at Tontine through the ScotlandInSpace Startup programme and now being selected to be part of the TechX accelerator which will hopefully help us to offer our product to the market more quickly. Being based at Tontine and mixing with other tech start-ups has been invaluable in terms of the help and support we’ve received. Not only is there a great buzz around the place, it’s reassuring to be able to readily share experiences with other tech entrepreneurs who also have aspirations to grow their businesses.”

Tontine, located in Glasgow’s Merchant City, hosts high-quality and flexible workspaces for businesses in the enabling technology, advanced design and manufacturing, and creative economy sectors. The business accelerator is part of the Glasgow City Region City Deal and was the first of its projects to be completed. Both the UK and Scottish Governments are providing the Glasgow City Region local authorities with £500million each in grant funding for the Glasgow City Region City Deal.

The ScotlandInSpace Startup programme works in partnership with Tontine to identify space companies with high growth potential. The programme is funded by the UK Space Agency, Scottish Enterprise and University of Strathclyde.