The FINANCIAL -- London Stock Exchange Group on November 3 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, according to London Stock Exchange.
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."