Horizon Discovery announced that it has been accepted onto Tech City UK’s ‘Future Fifty’ program. The program, which has the backing of Prime Minister David Cameron and Chancellor of the Exchequer George Osborne, is designed to help high-growth businesses accelerate their growth and lay the foundations for their next major liquidity event. As part of the scheme, Horizon will have access to a program of tailored support from both the public and private sector.
The Future Fifty program is designed to help fast-growth companies scale more rapidly to reach their full potential. Companies with a significant UK presence are eligible to apply, from high-tech sectors as well as retail, finance, fashion, food and design.
“Horizon has expanded rapidly, achieving a CAGR of 128% since 2007, primarily driven from rapid growth in exports. The company has a team of over 80 employees operating from Cambridge supporting a global customer base approaching 1000 in number,” commented Darrin Disley, CEO, Horizon Discovery. “We are delighted to have been selected to take part in this program, following a rigorous application process. We see Future Fifty as a boost to our ambition of becoming a sustainable long-term UK success story and an exemplar to those aspiring to build companies based on life science research.”