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Volcanic joins London Stock Exchange Group’s ELITE programme

Manchester-based recruitment technology company, Volcanic, has joined the London Stock Exchange Group’s ELITE programme for inspiring growth businesses.


16 UK businesses representing a diverse range of sectors were accepted onto the fifth cohort of the UK programme, with Volcanic the only company selected from the North West.  The total number of businesses in the ELITE community now stands at over 380 and generate over £25 billion in combined revenues, accounting for over 130,000 jobs.


Volcanic says that joining ELITE follows a strong first quarter for the company following a clutch of client wins including Grafton Recruitment, Meridian, Cast UK and TEAM.


CEO of Volcanic, Rob Wilde, said, “Being the only North West business accepted onto the ELITE programme at this time demonstrates how far we have come since the business was founded in 2010. Since then we have gone from one office in Manchester to having representation across the UK with offices in Liverpool and London, before expanding internationally into Mexico, Malaysia and Singapore. We fully anticipate this list will continue to grow rapidly in the coming years.


“As a specialist recruitment technology company, we are witnessing a massively growing market both at home and internationally which poses even more exciting opportunities for Volcanic, which is why the ELITE network will be so important for us.”


ELITE is a business support programme run by the London Stock Exchange Group that aims to inspire growth in businesses around the world. The programme offers education, business support and direct contact with Europe’s financial and advisory community. The Imperial College Business School in London helps to deliver the programme and management teams are guided on how best to fast-track their development and capital raising processes and how to access the most suitable funding for their needs.


Xavier Rolet, CEO of London Stock Exchange Group, said: “As the European Commission’s pioneering Capital Markets Union work confirms, to truly unleash the potential of high growth firms, they need access to finance and financial knowledge, which LSEG is committed to delivering through ELITE.


“It is almost two years to the day since ELITE was launched in the UK, giving the brightest and fastest growing British businesses the opportunity to expand, innovate and create new jobs. I’m delighted to have charted the successes of the first group of UK companies, who this month also become the first to graduate from ELITE and warmly welcome today’s new companies at the start of their ELITE journeys.”


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