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ELITE Supporting ambitious UK companies towards growth and investment
What is ELITE?
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Advisers Investors
Imperial College
Business School
Entrepreneurs Industry experts
Influencers London Stock
Exchange
Public companies
ELITE company
ELITE is a platform to facilitate long-term structured engagement between Europe’s most ambitious growing
businesses, industry experts and the corporate advisory and investor communities. The programme helps high-
growth, private companies prepare and structure for external investment and the next stage of growth.
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PHASE 1 Stimulates company review
A comprehensive programme, delivered
with entrepreneurs, investors and advisers,
to stimulate organisational review and
change.
Five modules of 1.5 days each:
1. Growth Strategies
2. Managing Talent & Strategic
Dependencies
3. Financial Resources & Governance I
4. Financial Resources & Governance II
5. Performance & Growth
A structured engagement over 3 phases
Delivered in partnership with Imperial College Business School in the UK, ELITE will enhance the growth prospects of
member companies through a unique three-part package.
PHASE 2 Plan for change
Practical and technical workshops
designed to reflect on company-specific
issues and plan for change with the
support of the ELITE Partner network.
Five workshops of <1 day each:
1. Growth & Talent
2. Governance & Board Effectiveness
3. Financial Planning
4. The Equity Story
5. IPO Masterclass
PHASE 3 Capitalise on the benefits
Utilise the ELITE community and learnings
from the first two phases to access new
business opportunities and consider
funding options and processes to explore
in more detail.
Continued access to the entire ELITE community across Europe via the online platform
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Apr. 2012 Oct. 2012 Apr. 2013 Oct. 2013 May. 2014 Nov. 2014 Apr. 2015
EUROPE
UK
ITALY
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Launched first in Italy in April 2012, ELITE has expanded across Europe launching in the UK in 2014 and most recently
across the rest of Europe. Within the past 3 years ELITE has attracted:
Over 270 companies
More than 150 financial advisers and professional bodies
More than 70 long-term investors (private equity firms and public market investors)
A European growth story
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49 companies have joined the UK programme since April 2014 ranging in size and sector, click here for more detail.
Food & Beverage Healthcare Industrials Media
Retail
Support Services Travel & Leisure
Technology Telecommunications
ELITE UK companies…
Renewable Energy
… and what they say
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Lucy Greggains , CFO, Unruly Media:
“ELITE has provided a solid network of like-minded
entrepreneurs and their CFOs who want to see the next
high growth technology success story come out of the UK!
It's been inspiring to share challenges, opportunities and
experiences with other high growth companies. We've
covered everything from international expansion,
to company culture and financing.”
Graeme Malcolm, CEO, M Squared Lasers:
“The programme has increased our awareness of
different forms of funding and what needs to be done to
prepare for each. It allows us to think about how we can
keep scaling up.”
Mark Game, Managing Director of Company Shop:
“The programme has provided an excellent series of
seminars and lectures, as well as first-class support and
advice from business leaders, all of which are helping
Company Shop gear for the next phase of our growth.”
Anthony Fletcher, CEO, Graze:
“It’s a fantastic programme. graze is a business competing
on a world stage and the opportunity to utilise the
experience and learnings of our contemporaries is
invaluable. Through the programme we have gained
expertise and confidence allowing us to continue to place
technology at the heart of our business and aspire to build
a world class operation.”
Ed Bussey, CEO, Quill:
“Quill is growing rapidly and the ELITE programme offers
a great opportunity to focus on solutions that will help us
to overcome the challenges of scaling a business fast.
It's also an invaluable chance to spend time with peers at
other companies who face similar challenges.“
Paul Robson, CEO, NAC Group:
“We have engaged with ELITE to help NAC Group explore
funding routes for product development and identify
potential exit options for existing shareholders to ensure
business growth, networking and raising our business
profile.”
Bomi Group – Italian ELITE company case study
Bomi Group joined ELITE in April 2012. The company provides outsourcing logistic services and specialized solutions in the medical and
diagnostic sectors. In March 2014 Bomi issued a bond for an amount of €1.5M, the company also raised money through state owned
institutions that are Partners of the ELITE programme. In May 2014 Bomi completed a joint venture deal in the Netherlands in order to
strengthen its international reach. In November 2014 the company successfully completed Phase 2 of ELITE.
“The feedback after 2 years of the ELITE programme is outstanding. We are more international, we improved our governance, we
collaborated with other companies and we are ready to face capital markets” Marco Ruini, Vice-President Bomi Group
The benefits for corporates
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Bespoke access to a network of Europe’s leading advisers, investors, experts, entrepreneurs, public and private companies
Earlier engagement with the investor community helping to access capital from a range of sources as and when appropriate for your business
Opportunity to interact, share experiences and learn from other companies with similar growth objectives and aspirations
Develop the expertise to help make informed business and funding decisions for your company
Become part of a vibrant ecosystem that supports and promotes innovation, entrepreneurialism and growth
A platform to enhance your business profile with stakeholders, supported by an extensive media campaign and web portal
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Being part of the vibrant ecosystem that supports and promotes innovation, entrepreneurialism and growth brings
many benefits. ELITE supporters can contribute to the programme through early engagement in a number of ways
including:
Speak at panel
sessions
Deliver Phase 1 programme content
Lead specific technical workshops as part of Phase 2
Provide ongoing mentoring & advisory services
Attend bespoke
community networking
events throughout the year
@uk.elite-growth.com
Profile your company online and
directly connect with over 200 ELITE
companies across Europe
How do supporters get involved?
Media and supporter exposure
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ELITE companies, investors and partners enjoy exposure from an exclusive agreement with The Times and good
coverage from regional and national press as well as our other supporting networks.
“Going for Growth: learning the business of being Elite. The head of the London Stock Exchange wants to
discover a new corporate giant.” Apr 14
ELITE offers a unique platform to support the
introduction to capital markets of some of UK's most
promising companies.
Access to the right kind of finance is critical to growth
and firms must be able to understand, have access to
and be confident in choosing between different options.
The CBI is proud to support ELITE in bringing together
a vibrant network of stakeholders from all stages of the
funding ladder, including corporate, investor, advisory,
research and public sector partners, to support high-
growth firms to fulfil their potential.
ELITE is a way of getting SMEs to think more broadly
about what they're doing. SMEs don't have the time or
the resources to think about strategic growth on a daily
basis.
“ELITE, a programme helping companies to meet advisers, attract investors and develop strategies for growth. The scheme is led by the
London Stock Exchange, which, while hoping that eventually some participants will become candidates to float, is intent primarily on
improving the management of fast-growing businesses.” Nov 14
“The businesses on the Elite programme are distinct from many mid-sized counterparts in that they're hungry.” Nov 14
Two Belfast firms are to join the latest cohort of the
London Stock Exchange Elite programme set up to
support high-growth private companies.
Scottish Hi-tech start-ups boosted by initiative
London firms in the vanguard to join LSE’s
ELITE programme..
A key objective of Elite is to create a unified culture
for UK SMEs as a means of stimulating overall
economic growth in the UK.
ELITE will further raise the profile of the tech sector
amongst professional investors, helping to build
essential sector expertise to compete with the pull
of the US markets and ensure that British firms
create high quality jobs here in the UK. J Shields
How to join as a company
To become part of the ELITE community,
a company must:
—commit at the most senior level (i.e. CEO/CFO)
for a minimum of 18 months
—be revenue generating, usually £5m
—demonstrate progress to date and growth potential.
Detailed discussion with London Stock
Exchange to ascertain your business needs.
Completion of the application form and
providing relevant information.
Application discussed by a selection committee.
On approval, we will communicate
the planned programme for you and your ELITE
peers and start working with you.
Requirements The process
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Other questions (1/2)
ELITE is aimed at the executive level in a company, i.e. the CEO or CFO. As every company’s needs are different, we will discuss and agree on the relevant individual with each applicant. If appropriate, we may also allow for two individuals from the same company to participate.
Who from the company should
participate in this initiative?
There is no upper size limit for ELITE
applicants. The program is aimed at companies
that are looking for a step change in their
business plans and funding resources. In fact,
many companies on the programme have had
some experience of raising external capital. We
are happy to discuss further with you.
We’ve already done some
fundraising – are we too late to join?
£15,000 for the three phases.
How much does this cost? A company will be awarded a certificate
from London Stock Exchange on completing
the ‘Get Fit’ stage of the program. There is
no formal academic accreditation as ELITE
is not an executive education program.
Is there an accreditation?
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ELITE enables companies to benefit from
LSEG’s small and mid-cap experience and
existing relationships with the advisory and
investor community. Our experience as an
operator of capital markets combined with
support from the business and investor
community will help deliver a comprehensive
service for growing UK businesses – helping to
create a vibrant ecosystem over the longer term.
Why is London Stock Exchange
running this initiative? Will my
company be expected to go public?
Other questions (2/2)
The ‘Get Ready’ phase requires a one-and- a-
half-day commitment every six weeks over the
first 6 months. In the following months, the
cohort will get together every eight weeks or so
to ensure regular engagement.
To the extent possible, the specific timings of
the modules, workshops and sessions will be
scheduled around the needs of the cohort.
What are the time requirements on the
company?
You become part of an extensive alumni
network and continue to have access to
regular events and networking opportunities.
What happens on completion?
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From April 2015 every member will have
access to the entire ELITE community across
the European jurisdictions with whom they
can connect directly with via the web platform.
How are the European programmes linked?
Emma Titmus
Telephone +44 (0)20 7797 1464
etitmus@lseg.com
Umerah Akram
Telephone +44 (0)20 7797 4707
uakram@lseg.com
Marcus Stuttard
Telephone +44
mstuttard@lseg.com
Mark Fahy
Telephone +44 (0)20 7797 6396
mfahy@lseg.com
Clare Dorrian
Telephone +44 (0)207797 2074
cdorrian@lseg.com
ELITE Team UK Primary Markets
Contact us
Page 14
http://uk.elite-growth.com
Tom Attenborough
Telephone +44 (0)20 7797 3747
tattenborough@lseg.com
Chris Mayo
Telephone +44 (0)20 7797 3134
cmayo@lseg.com
Disclaimer
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This document has been compiled by the London Stock Exchange plc (the “Exchange”). The Exchange has attempted to ensure that the information in this document is accurate, however the information is provided “AS IS” and on an “AS AVAILABLE” basis and may not be accurate or up to date.
The Exchange does not guarantee the accuracy, timeliness, completeness, performance or fitness for a particular purpose of the document or any of the information in it. The Exchange is not responsible for any third party content which is set out in this document. No responsibility is accepted by or on behalf of the Exchange for any errors, omissions, or inaccurate information in the document.
No action should be taken or omitted to be taken in reliance upon information in this document. The Exchange accepts no liability for the results of any action taken on the basis of the information in this document.
All implied warranties, including but not limited to the implied warranties of satisfactory quality, fitness for a particular purpose, non-infringement, compatibility, security and accuracy are excluded by the Exchange to the extent that they may be excluded as a matter of law. Further, the Exchange does not warrant that the document is error free or that any defects will be corrected.
To the extent permitted by applicable law, the Exchange expressly disclaims all liability howsoever arising whether in contract, tort (or deceit) or otherwise (including, but not limited to, liability for any negligent act or omissions) to any person in respect of any claims or losses of any nature, arising directly or indirectly from: (i) anything done or the consequences of anything done or omitted to be done wholly or partly in reliance upon the whole or any part of the contents of this document, and (ii) the use of any data or materials in this document.
Information in this document is not offered as advice on any particular matter and must not be treated as a substitute for specific advice. In particular information in the document does not constitute professional, financial or investment advice and must not be used as a basis for making investment decisions and is in no way intended, directly or indirectly, as an attempt to market or sell any type of financial instrument. Advice from a suitably qualified professional should always be sought in relation to any particular matter or circumstances.
The contents of this document do not constitute an invitation to invest in shares of the Exchange, or constitute or form a part of any offer for the sale or subscription of, or any invitation to offer to buy or subscribe for, any securities or other financial instruments, nor should it or any part of it form the basis of, or be relied upon in any connection with any contract or commitment whatsoever.
London Stock Exchange and the London Stock Exchange coat of arms device are registered trade marks of London Stock Exchange plc. Other logos, organisations and company names referred to may be the trade marks of their respective owners.
© Jan 2015
London Stock Exchange plc 10 Paternoster Square
London EC4M 7LS Telephone +44 (0)20 7797 1000
www.lseg.com
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