• Seven Scottish companies join ELITE, the first exclusively Scottish cohort, as part of the launch of ELITE Scotland
• ELITE Scotland is the first initiative of its kind for ELITE in the UK; builds on existing strong contingent of Scottish ELITE companies and vibrant entrepreneurial community in Scotland
• More than 1000 companies have joined ELITE from 40 countries across 35 sectors

ELITE Scotland is the first initiative of its kind for ELITE in the UK. It builds up on the existing strong contingent of Scottish ELITE companies, including M Squared Lasers, Skyscanner and BrewDog, as well as the vibrant entrepreneurial community in Scotland. ELITE Scotland is being launched in collaboration with Scottish Enterprise and Highlands and Islands Enterprise to support the growth of Scotland’s most ambitious companies.

To celebrate the launch of ELITE Scotland, David Schwimmer, CEO of LSEG, Luca Peyrano, CEO of ELITE and the Right Honourable Nicola Sturgeon, First Minister of Scotland, welcomed the seven Scottish company CEOs to open trading in London this morning. The seven new Scottish companies represent a diverse set of businesses providing products and services from enterprise technology solutions to industrial engineering.

Scottish companies will benefit from the core ELITE offering to help companies reach their next stage of growth. ELITE provides education, business support and mentoring, networking, access to our community of Scottish and global investors, as well as ELITE’s own funding platform. ELITE Scotland will feature tailored events, training and a mentorship network in Scotland. ELITE companies become part of the global community of over 1000 companies and more than 400 advisers and investors, remaining members for the long term.

David Schwimmer, CEO, LSEG said:

“London Stock Exchange Group is pleased to be supporting ambitious entrepreneurial Scottish businesses through ELITE. By providing these high-growth companies with the skills, networks and access to capital, ELITE helps companies reach their next stage of growth and compete on a global stage. ELITE Scotland builds on the Group’s commitment to Scotland’s businesses and the immense talent and potential they offer to provide the innovation, jobs and economy of the future.”

The Right Honourable Nicola Sturgeon, First Minister of Scotland said:

“Scotland’s business community is dynamic and innovative, and the Scottish Government will continue to play our part in supporting its long-term success, including helping it to address the challenges posed by Brexit. London Stock Exchange Group’s global ELITE programme has helped many companies around the world to secure funding, succeed and grow – including some from Scotland such as BrewDog and Skyscanner. I’m very pleased there is now a dedicated Scottish programme – ELITE Scotland – bringing together investors, public sector agencies and some of Scotland’s best and most ambitious companies. My warm congratulations to the initial cohort of companies that have signed up, and I’m sure many more in the future shall benefit from this fantastic initiative.” 

For more info on how to join ELITE Scotland or what ELITE offers, please get in touch with the team by sending an email to eliteuk@lseg.com.

Meet the CEOs and Founders

The 7 new companies come from across Scotland, from Glasgow to Shetland Islands and represent a diverse range of sectors, from Technology to Industrial Goods and Services.

Cutitronics is a technology company, specialising in white-labelling its patented platforms and devices for global premium skincare brands. 

Encompass Corporation creates Know Your Customer (KYC) automation for major financial and professional service firms globally, providing robotic search of structured and unstructured information. 

Glencairn Crystal is an expert in the design and creation of premium crystal glassware, with an excellent track record, people and expertise in delivering the highest quality products and industry-leading innovation. 

Incremental Group is a Microsoft Dynamic Partner, specialising in its implementation and support. It operates in sectors including Energy, Manufacturing, Government and Not For Profit. 

Ocean Kinetics provides complete engineering services for the Ports and Utilities; Renewables including Marine; Oil and Gas; Aquaculture and Marine sectors. 

Systal is a dynamic technology services integrator that provides end to end technology services from their UK based secure operating centre.