Johnston Carmichael partners with Scottish accelerator for tech start-ups
Johnston Carmichael has inked a partnership with a Scotland-based accelerator for tech start-ups. The firm will now help Smart Things Accelerator Centre to support more than 30 businesses, providing expertise in fundraising and tax.
Calum Purdie, head of technology and life sciences at Johnston Carmichael, said, “Partnering with STAC allows us to build on our growing role in Scotland’s tech ecosystem. By sharing our expertise in finance, tax, and growth strategies, we aim to empower these businesses to scale successfully and contribute to Scotland’s reputation as a hub for technology and innovation.”
Based in Glasgow, Smart Things Accelerator Centre (STAC) is Scotland’s industry-led accelerator for product-focused tech startups. The organisation offers start-ups an 18-month programme combining mentorship, investment readiness, and access to world-class facilities to help founders launch, build, and scale globally competitive businesses.
In the long-term, STAC aims to position Glasgow as Europe’s leading hub for transformative technologies such as IoT, robotics, AI, and advanced materials, bridging the gap between academia and industry and driving sustainable growth for Scotland’s tech ecosystem. As part of that mission, Johnston Carmichael will now work to provide extensive support to the 35 businesses enrolled in STAC’s current programme.
Paul Wilson, CEO and co-founder of STAC, added, “Collaborations like this accelerate that ambition by giving founders access to the financial and strategic expertise they need to compete globally. Together, we’re building companies that will define the next era of innovation.”
Looking ahead, Johnston Carmichael will support STAC members with finance, tax and fundraising expertise, helping them to navigate complex financial landscapes and secure the capital they need to scale. Included in this will be one-to-one mentoring, enabling STAC’s founders to address strategic and operational challenges; and specialist workshops, covering critical topics for high-growth businesses. The group will also get access to the firm’s technology specialists, including partner Neil Wilson, who is an expert in working with high growth businesses, and Stephen Oates, partner and head of entrepreneurial taxes.
To date, STAC has supported almost 90 early-stage companies, including Nooku, which has created a range of smart indoor air quality monitors designed to deliver healthier, happier homes. Since completing the STAC programme, a release from STAC says Nooku has secured commercial collaborations with Dulux to showcase the measurable benefits of low-VOC paint and is joining with social landlord Wheatley Homes to install its indoor air quality technology in tenants’ homes.
Stefan Raue, COO and co-founder of Nooku, said, “Having access to Johnston Carmichael’s experts and network will be a huge boost for the founders taking part in STAC’s programme. Connecting with the right partners and receiving practical support is key to building a sustainable business.”
