An investment programme that has raised more than £220m for North East SMEs, creating over 1500 jobs, is looking for more businesses to apply for investment. In its first four years of operations, the North East Fund has helped 350 businesses to raise more than £200m of funding. The £80m provided by the North East
A new report shows that the Northern Powerhouse Investment Fund (NPIF) has increased productivity, employment and skills across the North since its launch in 2017. A report by independent research company, SQW, has found that over 6,000 high-quality jobs have been created through the Fund – almost 1,000 more than originally planned Read more about the
Join Dr. Paul Mattick and Ruth Coleman as they go through the details of Mercia’s EIS recent exits performance. The pair will be discuss Genba Digital, Snappy Shopper, In-Part and BEW to name a few. (Capital at Risk. Past performance is not a reliable indicator of future return) Visit Mercia’s EIS area Register for the
Following the announcement of a follow on investment round of £4.3million, MIP Diagnostics has announced the appointment of two new directors to its Board. Dr Mike Evans, former CEO at Oxford Gene Technology will join as Chair whilst Roche Diagnostics’ former Global Head of Strategy and Business Development, Michele Pedrocchi, joins as Non-Executive Director. Mike
Join Dr. Paul Mattick and Stefan Helm as they walk you through the launch of Mercia’s Knowledge-Intensive Impact EIS. Reasons to consider investing: To have a positive societal impact To reduce your 2020/2021 taxes The low minimum of £10,000 provides access to a new investors Other important factors to consider: Fund closes on 4th April
Mercia is pleased to announce completion of a second tranche investment round of £4.3million into existing direct investment portfolio company, MIP Diagnostics Limited, a UK-based nanotechnology business. As part of this round Mercia invested £1.1million from its own balance sheet, alongside existing syndicate investors including the Business Growth Fund, Downing Ventures and Calculus Capital. This
The pain of shopping in-person presents opportunities for entrepreneurs well-versed in retail tech, and for retailers wanting to protect their margins as we move towards the Metaverse, a reason to invest in their online presence. Mercia’s Lee Lindley catalogues his own experience and why retail needs a better UX. They say every cloud has a
In this webinar, we compare and contrast the different tax-efficient funds that Mercia offers that are currently raising funds: – Northern VCTs – Mercia EIS – Impact KI fund Although there are differential tax benefits of these different funds, at the core we are investing in high growth business. Our Business Development Manager Clare Houghton
Inova announces the acquisition of IN-PART, a digital matchmaking platform dedicated to academia-industry collaboration. Along with the recent acquisition of Labiotech, this move consolidates Inova’s position as a leader and pioneer in the digitalization of the biopharma partnering space, supported by the €60 million investment from global investment firm Carlyle (NASDAQ: CG) and reaffirmation of
Investment Associate for the North East Venture Fund, Thea Tebble, returns to give us a round-up of the latest investments in the North-East, focusing on the tech sector. This update features The Handbag Clinic, 3deo, ART Health Solutions and many more. Visit the NEVF area