Adaptix has today announced that it has been accepted onto London Stock Exchange Group’s business support and capital raising programme, ELITE.
ELITE facilitates engagement between the UK's most exciting private growth companies, entrepreneurs and business leaders as well as the corporate advisory and investor community.
Commenting on this announcement Mark Evans, CEO of Adaptix said, “This is a significant milestone in our growth as we scale up and commence manufacturing later this year. The Elite Programme will help us ensure we have the systems and processes required of a listed entity and allow us the option to float on AIM in the future."
"Our product roadmap gives many options, and a large addressable market to commercialize our technology, and our growth targets are ambitious. Elite will further help us realise the commercial opportunity that exists for our highly disruptive technology.”
ELITE is a three-part service of education, business support, mentoring and access delivered in collaboration with Imperial College Business School in the UK. It was first implemented in Italy at Borsa Italiana in collaboration with Bocconi University in April 2012 and now has over 600 companies taking part across Europe.