LSEG’s ELITE continues to expand – 41 new companies join today
- 15 new UK companies and 26 from Italy join ELITE
- More than 300 companies, 150 advisors, and 90 investors now part of growing ELITE community
- ELITE is London Stock Exchange Group’s pan-European programme for ambitious high growth businesses
London Stock Exchange Group today welcomes over 40 companies to ELITE, its innovative support programme for inspiring growth businesses. 15 companies join the fourth cohort of the UK programme, with 25 businesses joining Italy’s eighth cohort.
This brings the total number of companies in the community to over 300, generating over £22 billion in combined revenues and accounting for over 100,000 jobs across the UK and Europe. A further intake of pan-European businesses will join the programme in December this year.
Nikhil Rathi, CEO, London Stock Exchange Plc & Director of International Development welcomed the new ELITE UK company CEOs to open trading on London’s markets this morning alongside Eileen Burbidge, Chair of Tech City UK, Member of the Prime Minister’s Business Advisory Group, HM Treasury FinTech Envoy & Partner at Passion Capital. The companies come from across the UK and represent a diverse range of sectors including a crowdfunding platform, a gas and liquid sensor manufacturer and a hotel & pub group.
Xavier Rolet, CEO, London Stock Exchange Group:
“Ensuring the best, brightest and fastest growing businesses thrive is a priority for London Stock Exchange Group because we know that these firms hold the key to unlocking more innovation, more jobs and more opportunities for us all.
“Today’s new ELITE UK companies are a clear demonstration of the country’s ability to produce great businesses. This also marks a significant milestone for ELITE, which now has a community of over 300 companies. I look forward to welcoming many more inspiring businesses to this growing vibrant eco-system.”
Eileen Burbidge, Chair of Tech City UK, Member of the Prime Minister’s Business Advisory Group, HM Treasury FinTech Envoy & Partner at Passion Capital:
“Programmes such as ELITE that offer high quality advice and support enable the most dynamic businesses to scale and grow. Fast-growth companies are key drivers of economic development and job creation, and the UK has all the ingredients to help them succeed. Congratulations to all of the companies joining today."
The full list of new joiners can be found online: www.elite-growth.com
ELITE offers businesses a full programme to help them grow, including education, training and direct contact with Europe’s financial and advisory community. In the UK, Imperial College Business School helps deliver the programme. Management teams are guided on how best to fast-track their development and capital raising processes, how to access the most suitable funding for their needs, whether private equity, venture capital or the bond or equity markets, and given advice on building their profile and reach. ELITE also allows its vibrant international advisor and investor community the opportunity to engage with a pool of high quality, dynamic companies and entrepreneurs, all of whom are open to the advice, opportunities and connections that the programme offers.
For further information on the programme, companies and the full list of partners, please go to: www.elite-growth.com
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For further information:
+44 (0)20 7797 1222
Notes to editors:
About London Stock Exchange Group:
London Stock Exchange Group (LSE.L) is a diversified international market infrastructure and capital markets business sitting at the heart of the world's financial community. The Group can trace its history back to 1698.
The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, a pan-European equities MTF. It is also home to one of the world’s leading growth markets for SMEs, AIM. Through its platforms, the Group offers international business and investors unrivalled access to Europe's capital markets.
Post trade and risk management services are a significant part of the Group’s business operations. In addition to majority ownership of multi-asset global CCP operator, LCH.Clearnet Group, LSEG operates CC&G, the Italian clearing house; Monte Titoli, the T2S-ready European settlement business; and globeSettle, the Group’s newly established CSD based in Luxembourg.
The Group is a global leader in indexing and analytic solutions. FTSE Russell offers thousands of indexes that measure and benchmark markets around the world. The Group also provides customers with an extensive range of real time and reference data products, including SEDOL, UnaVista, and RNS.
London Stock Exchange Group is a leading developer of high performance trading platforms and capital markets software for customers around the world. In addition to the Group’s own markets, over 35 other organisations and exchanges use the Group’s MillenniumIT trading, surveillance and post trade technology.