Three companies from Loughborough University’s innovation community are ranked within the 50 fastest-growing tech brands in the UK
Three companies announced in The Deloitte Technology Fast 50 – a ranking of the 50 fastest-growing technology companies in the UK – were developed in The Innovation Centre, part of Loughborough University Science and Enterprise Park.
One of the UK's foremost technology award programmes, The Deloitte Technology Fast 50 bases its results on revenue growth over the last five years. Five companies were selected from the midlands for this prestigious accolade, three of which have been supported by the University’s Innovation Centre:
Evance Wind Turbines
Ranked 11th in the Deloitte Fast 50, 1627% revenue growth over five years
Evance Wind Turbines has been manufacturing and supplying small wind turbines for over 12 years. The company was originally based at the Loughborough University Innovation Centre and following its success moved to larger premises in Loughborough.
The Evance R9000 5kW system, designed and manufactured in-house, was the first wind turbine under 10kW to be fully certified under the UK Government Industry Standard, Microgeneration Certification Scheme (MCS). It has also received certification in the US and was the first overseas turbine to receive certification in Japan.
The Evance R9000 has been the UK’s No1 small wind turbine (1.5-15kW) for the last two years.
Ranked 15th in the Deloitte Fast 50, 1333% revenue growth over five years
Intelligent Energy is a power technology company working with blue chip partners in the automotive, stationary power and consumer electronics Sectors. This is the second year consecutive year in which Deloitte has recognized Intelligent Energy as one of its Fast 50.With offices in the Americas, Europe and Asia, the company was originally founded on Loughborough University research and employs 300 staff at its base on Loughborough University Science and Enterprise Park, having previously been based at the Innovation Centre until 2009.
The Company also recently launched Upp™, a personal energy device using hydrogen fuel cell technology, to charge and power USB-compatible portable electronic devices, such as smartphones, feature phones, eReaders, tablets, portable gaming consoles, as well as digital cameras.
Ranked 32nd in the Deloitte Fast 50, 766% revenue growth over five years
CommAgility designs, manufactures and sells complex electronic products for next generation wireless telecoms. This is the second year consecutive year in which Deloitte has recognized CommAgility as one of its Fast 50. Earlier this year, the company won a Queen’s Award for Enterprise for International Trade in recognition of its 51% growth in export sales from 2010-12. CommAgility was established in 2006, has been supported by the University’s Innovation Centre and is based in Loughborough University Science and Enterprise Park.
Professor Steve Rothberg, Loughborough University Pro Vice Chancellor for Enterprise, commented: “Evance, Intelligent Energy and CommAgility are excellent examples of the many knowledge-based companies that are thriving in Loughborough.” He continued: “The University’s Science and Enterprise Park is set to triple in size so that companies like these can continue to innovate and expand, providing a long term boost for the local economy.”
Notes for editors
Press release reference number: PR 13/216
UK Deloitte Technology Fast 50
The UK Fast 50 is one of the UK's foremost technology awards programmes that acknowledges the 50 fastest-growing technology companies in the UK. The ranking is based on revenue growth over the last five years. Previous winners have come from across the UK, are both large and small, and included some of the most dynamic players in all areas of technology, from Internet specialists to biotech, digital media technology to life sciences, computers to semiconductors and software to telecommunications. The programme is sponsored by Ciklum, Fidelity Growth Partners Europe, Silicon Valley Bank and Taylor Wessing. Further Fast 50 information, including this year’s Fast 50 ranking and winner breakdowns by region and sector is available at www.fast50.co.uk
In this press release references to Deloitte are references to Deloitte LLP, which is among the country's leading professional services firms. Deloitte LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu Limited (“DTTL”), a UK private company limited by guarantee, whose member firms are legally separate and independent entities. The information contained in this press release is correct at the time of going to press.
About Loughborough University
Loughborough is one of the country’s leading universities, with an international reputation for research that matters, excellence in teaching, strong links with industry, and unrivalled achievement in sport and its underpinning academic disciplines.
It was awarded the coveted Sunday Times University of the Year 2008-09 title, and is consistently ranked in the top twenty of UK universities in national newspaper league tables. It has been voted England's Best Student Experience for six years running in the Times Higher Education league, and in recognition of its contribution to the sector, the University has been awarded six Queen's Anniversary Prizes.