An initiative that has now been running for six years, our Future 50 alumni includes some amazingly disruptive businesses – from TransferWise to Funding Circle, and from Secret Escapes to OneFineStay.
Each member has shown that its concept has the ability to truly revolutionise a sector – influencing the way in which consumers behave or solving a problem people didn’t even know existed.
It’s with great excitement that we launch the search to find our 2017 Future 50, an open nomination process that allows the business community to put forward the disruptive businesses befitting of recognition.
The headline figure is that, since being included in our Future 50, businesses and founding teams have gone on to raise more than £1bn of growth capital from equity investors. It’s a staggering number, and shows how accurate the ranking has become as a way of identifying disruptive businesses that will attract interest.
But don’t just take it from us. RedWigWam CEO Scott Logie described the Future 50 nod his company received as the “single biggest profile raiser for us this year”.
“We have had so many people calling us up because they saw us in Real Business or other pieces of PR coverage. It’s opened us up to entirely new markets and companies that we struggled to reach previously,” he added.
Check out which disruptive businesses made it into our 2016 Future 50
Meanwhile, Revolut’s founder and CEO, Nikolay Storonsky, said: “We have gained a good amount of PR coverage and social media recognition. It has been great for building brand awareness and helping us market our service and recruit new customers.”
For Chieu Cao, co-founder of 2016 member Perkbox, recognition as a Future 50 winner helped to reinforce what the business is all about and proves the team are doing something right in terms of a offering clients and how it operate as a both business and an employer.
Real Business will be running the nomination process for the next two months, during which time we are looking for suggestions from every corner of the UK. It doesn’t matter if a first customer hasn’t been secured or no equity investment been raised, it’s all about the idea behind each of the disruptive businesses.
We’ll be looking to hear what the origins of the business and founding team are, how a gap in the market was identified, what evidence of disruption there as been and what kind of scale is possible.
Once our list of possible 2017 Future 50 companies has been assembled, we’ll then put it to our alumni – asking a select panel to judge which the most disruptive businesses are.
It’s a fantastic example of a peer-led process, the winners are decided by contemporaries that know what it takes to build a game-changing business.