Evolution Funding, the UK’s leading motor funding intermediary, has today been welcomed to ELITE, the London Stock Exchange Group’s innovative support programme for inspiring growth businesses.
They join a record number of 46 companies accepted onto the fifth cohort of the UK programme, 16 of which are UK companies representing a diverse range of sectors. 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.
ELITE offers businesses a full programme to help them grow, including education, business support 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.
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.”
Jeremy Levine, Director, Evolution Funding:
“We are delighted to have been accepted onto the ELITE programme. We have extensive plans for growth and expansion and the support, advice and guidance we’ll receive through ELITE will ensure that we have all the right knowledge and foundations in place to support those plans. We are excited to see what we can achieve off the back of our involvement in ELITE.”
