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High-level and intensive

Barney Mercer of Kildrummy: 'invalunable experience' - Photo: Hans J Marter/ShetNews

A LOCAL company director is on his way to Boston to attend an intensive executive education course, part of the MIT Entrepreneurship Development Program (EDP).

Barney Mercer of local IT company Kildrummy is one of only 14 Scottish company directors who have won funded places at the course, starting on Monday.

The EDP is described as “a week-long, high-level intensive executive education course, which takes participants through the entire process of building an innovation based enterprise from creation through to growth, investment and exit.”

Mercer said: “I am honoured to be invited to participate in MIT’s EDP. Kildrummy has a raft of new, innovative technologies developed in the past two years, which we will be bringing to market in the immediate future.

“The knowledge and experience I gain at MIT will be invaluable in the successful exploitation of Kildrummy’s world-class R&D.”

Paula Douglas, of Scottish Enterprise, said the EDP was a “phenomenal” experience for Scottish companies.

“The ecosystem at MIT is amazing in the way it makes you think about how you’re running and developing your business. It provides an incredibly structured, disciplined and rigorous approach to building your business from assessing your market, to developing your product and getting the right people in place.

“Beyond that, it is full of positive, can-do energy and the faculty is run by hugely successful people in their own right who know what the business world is all about.”