Newspaper systems developer EidosMedia has been chosen by the Italian stock exchange to take part in a growth scheme for high-potential SMEs based in the country.

The Elite programme will provide support and resources aimed at promoting the growth of the target enterprises in international markets, as well as access to important partners in the private and public sectors.

The 30 companies admitted to the programme in its first phase have average annual growth rates of 20 per cent. They are drawn from high-tech sectors, as well as traditional areas of Italian excellence such as fashion, food and design.

EidosMedia group chief executive Gabriella Franzini says she is delighted that the company has been chosen for the forward-looking initiative: “Of course EidosMedia has had an international focus since its creation over a decade ago, but the resources and support that Borsa Italiana can provide will be invaluable in consolidating and extending our international presence."

The Elite programme is being implemented by Borsa Italiana in collaboration with the Italian ministry of economy and finance, the confederation of Italian industry, the Italian banking association and the Bocconi business school.

EidosMedia’s Méthode system is desigbned to allow editorial content to be published simultaneously through multiple channels from print and web, to tablet, e-readers and syndicated distribution. It is based on XML, CSS and SVG standards, object-oriented technology and distributed, multi-tier architecture.