Scot-free business funding for start-ups

Funding and other support for start-ups is crucial for getting a business up and running with the aim of long-term growth. I was interested to read about a modern version of start-up support, offering funding in Scotcoin (a cryptocurrency), an AI course and some carbon offsetting, among other benefits of the package. The grant is provided by Scotcoin Project, a Community Interest Company that is the promotion and outreach arm of the Scotcoin cryptocurrency, and appears to be aimed at fintech companies. 

It will be interesting to learn what start-ups think about packages like this versus traditional grants, particularly the cryptocurrency aspect of it. 

One challenge that start-ups encounter is the need to protect their intellectual property without necessarily having the budget to maximise IP protection. For patents, including fintech inventions, there is the added pressure of needing to file a patent application before the invention is disclosed. If there are more funding packages like this to come, it would be great to see some Scot-free IP funding included!