EnterNext, the Euronext subsidiary dedicated to promoting and growing the market for SMEs[1], today announced the launch of Tech 40, a label recognising innovative European SMEs listed on the markets it covers.
Each year Tech 40 will allow 40 top-performing European companies to benefit from premium services. It is one of a series of measures adopted by EnterNext since 2014 to boost the visibility of tech companies on financial markets and provide special assistance to them.
Tech 40—a unique initiative putting young tech companies listed on Euronext markets in the spotlight
Companies with the Tech 40 label are young technology stocks listed on Euronext markets and operating in life sciences, eco-industries or TMT[2]. An independent group of European experts selected the first forty on the basis of their business, financial and stockmarket performance.
All forty Tech 40 companies will enjoy one year of promotion and special assistance:
- Inclusion in the exclusive Tech 40 index that will launch on May 4
- A roadshow programme targeting international and other venues
- Membership of the Tech 40 Club, with events featuring key opinion and business leaders (entrepreneurs, experts, etc.)
Pan-European initiative launched at the French Ministry for Finance in the presence of Secretary of State Axelle Lemaire
Companies included in the Tech 40 group are listed on Euronext markets in Amsterdam, Brussels, Lisbon or Paris. EnterNext will bring them together for the first time at the Ministry for Finance, at an event with the participation of Axelle Lemaire, French Secretary of State for Digital Technology.
Eric Forest, Chairman and CEO of EnterNext, noted: “Last November we announced a series of measures to raise the visibility of our listed tech companies. The Tech 40 label is one example, and today we are proud to reveal the names of the first 40 companies to carry it. These companies have distinguished themselves in recent years through their business success and market performance, and will now benefit from additional assistance from EnterNext teams. We are convinced that this initiative, combined with our other measures aimed at promoting the development of tech stocks, will help promote our young tech stocks with international investors.”