Simplybiz teams up with the ELITE in stock exchange scheme

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London Stock Exchange will today welcome a new Yorkshire firm as part of the fourth cohort of UK companies joining ELITE, its support programme for inspiring growth businesses.

Huddersfield-based firm Simplybiz, which provides compliance and business support services to over 3,000 firms, will become the fourth Yorkshire firm to join the programme.

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.

The companies come from across the UK, representing a wide range of sectors, including a crowdfunding platform, a gas and liquid sensor manufacturer and a hotel and pub group.

Xavier Rolet, CEO of London Stock Exchange Group, said: “Ensuring the best, brightest and fastest growing businesses thrive is a priority for London Stock Exchange 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.”

Ms Burbidge said: “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.”

ELITE offers businesses a full programme to help them grow, including education, training and direct contact with Europe’s financial and advisory community.