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- 16 new UK companies and 30 from Italy join ELITE today, as first UK cohort graduates
- Brings total number of new ELITE companies in April to 73
- Santander UK becomes an ELITE partner
- More than 380 companies, 150 advisors, and 100 investors now part of growing ELITE community
London Stock Exchange Group today welcomes 46 companies to ELITE, its innovative support programme for inspiring growth businesses. 16 companies join the fifth cohort of the UK programme, and 30 join Italy’s ninth cohort.
The 16 new UK companies come from across the country, from Edinburgh to Stockport and represent a diverse range of sectors including a liquid collagen supplement manufacturer, peer-to-peer mortgage platform and biometric technology security firm.
Santander UK joins as an ELITE partner, allowing it to promote and support ELITE in the UK; lead technical workshops and provide ongoing mentoring and advisory services to ELITE businesses.
April 2016 was an all time record for new companies joining ELITE. 73 businesses were welcomed from across Europe, Israel, Morocco, Turkey and Russia. ELITE was launched by Casablanca Stock Exchange in Morocco, marking the first time the programme was rolled out in partnership with another exchange and outside of Europe. Today’s new cohorts bring the total number of businesses in the community to over 380, generating over £25 billion in combined revenues and accounting for over 130,000 jobs.
Xavier Rolet, CEO, London Stock Exchange Group:
“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.”
The full list of new joiners can be found online: www.elite-growth.com
