ON HIS EARLY SEARCH FOR A BUSINESS MENTOR DAVID MET BARRY HOCHFIELD THROUGH STRATHCLYDE UNIVERSITY’S ENTERPRISE PARTNERSHIP PROGRAMME.
With a career that includes over thirty years in consumer electronics including working alongside Steve Jobs at Apple in CA as well as founding Apple’s first offshore Research & Development unit in Paris, founding the smartcard company Ecebs in 2000, before floating it on the London Stock Exchange in 2005 and selling it to theTrainline.com in 2007. Barry’s expertise and experience was invaluable in guiding Cutitronics on its early development journey.
Also through Strathclyde they met Craig Rattray, a CA who has extensive experience in Private Equity, Venture Capital and Corporate Finance who had been introduced through Strathclyde University. Having worked with a number of early stage companies his input was pivotal and led to becoming CFO at Cutitronics.
The company was spun out of the University of Strathclyde and through support from prize winnings and an early stage technology grant through Scottish Enterprise, early prototypes were developed and tested for the cosmetic skincare sector. It was the development and innovative application of this technology that earned Dr Heath the ERA Foundation’s Entrepreneur of the Year 2014, supported by the Royal Academy of Engineering (RAEng). David was invited to join the RAEng Enterprise Programme and Enterprise Hub, this connection was not just beneficial at the time, but proved to be invaluable in the near future. The next stage of commercialisation required a deeper level of industry insight and market access.