BBB helps mental health clinic firm expand

A clinic specialising in a form of wellbeing therapy described as a “gym for the brain” has become one of the first businesses to benefit from funding through a Scottish initiative run by the British Business Bank (BBB).

The £150 million Investment Fund for Scotland launched in October 2023 and offers loans ranging from £25,000 to £2m and equity investments up to £5m. Delivered through DSL Business Finance, the loan of £50,000 has enabled Kedras Clinics to open a second location in edinburgh’ s new town, following the success of its first clinic in Perth.

Clinical psychologist Dawn Harris started the business in 2022, building on her 25-year career in healthcare. It offers neurofeedback, which it says is a non-invasive way to help the brain perform at its best. It is billed as leading to an overall feeling of physical and mental relaxation, and able to help treatment al health conditions including anxiety, depression, and PTSD. “As it works with both the conscious and subconscious, neurofeedback often works where other psychological and pharmacological interventions have struggled to make an impact,” the clinic added.

Building on its Edinburgh expansion, Kedras Clinics is now looking to add staff and open sites in Newcastle and London. Harris, its chief executive, said: “While neurofeedback treatment is still fairly uncommon in the UK, highprofile organisations like Liverpool Football Club and NFL already use this technique. Our next step is to see how we can continue our growth to open more clinics across the Uk. we’ re currently recruiting more psychologists or psycho therapists. The funding from the Investment Fund for Scotland has been pivotal in this next phase.”