The programme, launched in October 2013, provides support to high-growth companies and includes tech giants eToro, JustEat and SwiftKey among others.
Since its foundation, the first group of 50 companies has generated an estimated £2.1bn in net revenue, four of the companies have completed IPOs and thirteen have attracted a combined £260m in investment.
10 to 15 of the startups will be graduating from the programme, opening the spots for new startups to take their place.
The graduating businesses are those that have “matured to reach key revenue and funding milestones”.
The new intake will be announced in December at the same time as the graduates.
Tech City UK CEO Gerard Grech celebrated the fast growth that the Future Fifty’s startups have achieved.
Growth stage companies are a key driver of job and revenue growth for Britain’s digital sector.
We look forward to welcoming new companies on to the Future Fifty programme to continue the UK’s digital success story.
Tech City UK has also released a report detailing the progress of its initial companies which is available here.
Startups have until November 27th to apply.
[button link=”http://www.futurefifty.com/index.html”]Apply for the Future Fifty programme[/button]