ELITE and Global Accelerated Ventures Announce Program to Help Healthtech and Fintech Companies in order to accelerate growth opportunities and in Search of Funding
ELITE, London Stock Exchange Group's (LSEG) international private company development platform, and Global Accelerated Ventures (GAV) announce the first program to help FinTech and Healthtech companies in need of funding.
NEW YORK, June 8, 2020 /PRNewswire-PRWeb/ -- ELITE, London Stock Exchange Group's (LSEG) international private company development platform, and Global Accelerated Ventures (GAV) have announced their first focused program to help FinTech and Healthtech companies in need of funding for accelerated growth also in response to the Covid-19 pandemic.
The GAV ELITE program - based in New York - is designed to help high growth companies prepare and structure for their next stage of growth. The application deadline for the program is June 25th. ELITE plans to launch new cohorts in Texas and California later this year.
Companies that join ELITE become part of a global platform that enables them to scale, expand their network and with a view to engage with capital markets effectively. Its "capital neutral" to any financing opportunity and its proven approach, which has supported over 1,500 companies globally, provides a bespoke mentoring solution for the companies' management teams to build sustainable business and support their fundraising round ambitions.
Christopher Malter - Managing Partner at GAV - says COVID-19 has created liquidity gaps throughout the FinTech and HealthTech space, providing new opportunities for investors, technology development and companies.
"There are many great FinTech and HealthTech companies out there that can't scale because of liquidity gaps," said Malter. "The purpose of this program is to help those ambitious companies find the funding they need. In addition, these CEOs and founders will get access to a network of global resources and a knowledge base that will help them grow at an even faster pace."
Thomas Tyler, Head of ELITE USA, said, "ELITE is a great opportunity for companies to get the exposure they need to scale on a global level. Being part of the global ELITE network provides access to valuable insights and practical advice from ELITE partners, stakeholders and businesses offering companies the opportunity to benefit from others' experiences and a platform for discussion and a forum to share ideas. Our collaboration with GAV provides an opportunity for HealthTech and FinTech companies to realize a significant impact on their future growth."
How Companies can Apply for ELITE
Companies interested in applying for ELITE can click here for an application. Once the application is received, companies will be asked to provide:
A copy of the company's latest financial statements (consolidated is preferred)
Key management information including projected financials that can be shared
Any company presentation that details the business activities and main revenue stream(s)
An organization chart
About Global Accelerated Ventures
Global Accelerated Ventures (GAV) is a globally recognized innovation aggregator partnering with industry leading corporations in the creation and management of Corporate Venture Studio Funds (CVSF). GAV minimizes risk and maximizes return and overall growth of its portfolio companies offering a clear path to success. For more information visit http://www.gaventures.co.
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SOURCE ELITE
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