Entirely North West


London Stock Exchange urge Liverpool businesses to consider ELITE

London Stock Exchange urge Liverpool businesses to consider ELITE

Liverpool City Region based SMEs are missing out on a huge scaleup opportunity, according to London Stock Exchange Group (LSEG) officials.

There are currently no businesses in the Liverpool City Region on LSEG’s ELITE programme, which supports growing companies through a package of education, business support and access to investors.

Speaking at a Professional Liverpool dinner last week, head of ELITE UK, Umerah Akram, and head of UK small and mid-cap companies, Mark Fahy, addressed an audience of Liverpool-based businesses and advisors about the programme and its potential in the Liverpool City Region. In the North West, there are 10 companies on the programme and there are 90 in total across the UK.

Despite the lack of North West businesses involved in ELITE, however, a recent Tech North report revealed that investment in northern tech businesses was at a ten-year high. In turn, a recent report by the Scaleup Institute highlighted that Britain is on track to become a ‘scaleup nation’, with four out of five business leaders expecting growth to continue, despite the uncertainties around Brexit.

Speaking about this, Matt Noon, chair of the Professional Liverpool Corporate Finance Group and a corporate partner at Hill Dickinson, said: “It’s clear that the North West, and indeed Liverpool, is awash with talented, high growth businesses and investment is happening, particularly in the tech sector.

“But we feel there are many more Liverpool City Region-based businesses which could benefit from programmes like ELITE and we’re keen to promote this to both clients and the local advisory community. The programme offers real potential to further boost economic growth in the city and surrounding areas and, as the organisation representing professionals, we’re keen to drive this, not only for businesses but for advisors.”

Mark Fahy, head of UK small and mid-cap companies for LSEG, said: “There is huge opportunity to further stimulate business growth in the Liverpool City Region through the programme. There are opportunities to get involved in April and November each year, so businesses should get in touch if they’re interested in accelerating their growth plans and broadening their range of specialist advice.”

To become part of the ELITE community, a company must commit at the most senior level (CEO/CFO) for a minimum of 18 months, be revenue-generating (£5m+) and demonstrate progress to date and growth potential.

Speaking at the event at the Royal Liver Building, Umerah Akram said: “The ELITE programme is designed to help SMEs prepare and structure the next stage of growth through access to long term financing opportunities.

“Nearly 500 companies from 25 countries have joined ELITE to date,  generating €39 billion in combined revenues and accounting for over 170,000 jobs across Europe and beyond.”

The ELITE programme, which launched in the UK in 2014, is delivered by London Stock Exchange Group in partnership with Imperial College Business School and a range of advisory and investor partners.

 For information on ELITE, visit www.lseg.com/elite

DISCLAIMER: The statements, opinions, views and advice expressed in this article are those of the author/organisation and not of ENTIRELY. This article should represent information correct at the time of publication however whilst every care has been taken to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. ENTIRELY will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within this article or any information accessed through this site. The content of any organisations websites which you link to from ENTIRELY are entirely out of the control of ENTIRELY, and you proceed at your own risk. These links are provided purely for your convenience and do not imply any endorsement of or association with any products, services, content, information or materials offered by or accessible to you at the organisations site.

Get The Entirely Weekly Brief In Your Inbox


BW Macfarlane Chartered Accountants

BWMacfarlane are one of the leading, independent chartered accountancy practices in Liverpool. BWMacfarlane provide a wide range of accountancy and business support services to organisations and individuals throughout the North of England and beyond.

Greystone Financial Services

Financial Services and Investments

Greystone Financial Services is an integrated wealth management group comprising financial planning and advisory services, and in-house fund management. We are a Chartered, Top 100 IFA firm, currently managing over 1 billion of assets on behalf of our clients. Many of our advisers and Directors have been with the firm since its inception in 1989. Greystone Financial Services is an extremely stable business, having adopted the recurring incomefee based operating model as far back as 1995.

Lucas Johnson

Insolvency Practitioners with a difference - we GUARANTEE to deliver a solution to your problem. The solution will be right for you to achieve your objectives. We cover the entire North West, so wherever you are we can serve your needs.

Hallidays Chartered Accountants and Business Advisors

Hallidays Chartered Accountants and Business Advisors were established in 1843 in Manchester and now situated, since 2008, in modern, purpose built offices next to the M60, Stockport and have 60 dedicated team members.

Crowe Clark Whitehill

With an office in Manchester city centre, Crowe Clark Whitehill is a leading national firm offering audit, tax and advisory service. Michael Jayson heads up the Manchester office.


Got some News to share? Click here.

TFC adds Equifinance to its panel

Packager TFC Homeloans has joined forces with Equifinance, adding the lender to its second charge mortgage lender panel.The full range of Equifinance second charge mortgages is available to brokers, plus they will benefit from TFCs specialist experience and support