New relationship STACs up for Murphy Wealth

28 Mar 2023

Glasgow-based wealth management firm Murphy Wealth has teamed up with The Smart Things Accelerator Centre (STAC), also based in Glasgow.

The two organisations aim to work together to help address funding gaps for tech startups, and in the process, help develop Scotland's Internet of Things (IoT) cluster.

Adrian Murphy, CEO , Murphy Wealth (pictured centre), said: "We support entrepreneurs, albeit at a different stage of the entrepreneurial journey, and we share a strong belief in how transformational entrepreneurs and fast-growth tech companies can be to the wider economy. We also share STAC's ambition to create world-beating companies from a base in Scotland, and are pleased to be strengthening our relationship with STAC to help make this happen."

Paul Wilson, CEO, STAC (pictured left) said; "The upside of Scotland's multi-decades of small business generation is the creation of a strong talent pool of experienced entrepreneurs who have exited their ventures and want to support the next generation of founders, and the Murphy tie-up gives us access to a large community of these entrepreneurs."

In partnership with Murphy, STAC will launch 'STAC Invest', an online platform showcasing Scotland's high potential IoT and smart devices startups to local and international investors.