5th UK ELITE Cohort Announced
On 26th April 2016, London Stock Exchange Group welcomed a brand new group of 16 companies to the ELITE programme – our 5th UK cohort.
The 16 new UK companies come from across the country, from Edinburgh to London, and represent a diverse range of sectors including a liquid collagen supplement manufacturer, peer-to-peer mortgage platform and biometric technology security firm.
These companies join at an exciting time for the ELITE programme as it expands rapidly, 73 businesses were welcomed from across Europe, Israel, Morocco, Turkey and Russia joining ELITE taking the total to over 380 companies. ELITE licensing was launched by Casablanca Stock Exchange in Morocco, marking the first time the programme has been rolled out in partnership with another exchange and outside of Europe. ELITE businesses are also proving to have a genuine impact – together they are generating over £25 billion in combined revenues and accounting for over 130,000 jobs.
As our CEO, Xavier Rolet explains: “As the European Commission’s pioneering Capital Markets Union work confirms, to truly unleash the potential of high growth firms, they need access to finance and financial knowledge, which LSEG is committed to delivering through ELITE.
“It is almost two years to the day since ELITE was launched in the UK, giving the brightest and fastest growing British businesses the opportunity to expand, innovate and create new jobs. I’m delighted to have charted the successes of the first group of UK companies, who this month also become the first to graduate from ELITE and warmly welcome today’s new companies at the start of their ELITE journeys.”
Finally, ELITE also welcomed a key new partner – Santander UK – who will join our advisory group of over 150 specialists who lead technical workshops and provide ongoing mentoring and advisory services to ELITE businesses.
As we scale ELITE and welcome our new UK cohort there’s a great deal of opportunity ahead for companies across Europe, we’re looking forward to working with our 5th UK cohort and wish them every success.
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