Mercia Debt has provided c.£9m in business loans from the Northern Powerhouse Investment Fund II (NPIF II) since the fund’s launch a year ago – and the impact is already evident. Twenty-six business have so far received funding to pursue their expansion plans, with some of them having made rapid progress. Pete Sorsby of Mercia
A Middlesbrough start-up which could revolutionise the way companies price their products has raised £650,000 from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund, and private investors. Bubo.AI’s platform uses artificial intelligence (AI) to analyse customers’ behaviour to understand what they are willing to
SockMonkey Studios, a Middlesbrough-based games developer, has secured £250,000 from NPIF – Mercia Equity Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund, to launch its first original game. SockMonkey is set to bring Fish Tanks to market this summer. It will be available on PlayStation 4, Xbox One, Switch, PC
Mercia‘s Head of Sales and Private Investor Relations, Dr. Paul Mattick joins Business Development Manager Russell Fryer, who present all aspects of the client journey when you choose to recommend Mercia’s EIS Fund, covering your clients’ journey. Topics for discussion were: Digital signing a pre-populated application form Our Investor Centre provides all our reporting, including
The latest news for Allebridge and Martin Churchill’s Tax Efficient Review have been published for Mercia’s EIS Funds.
Join Mercia Fund Principal Ian Wilson as he chats to the experienced business leader, Diane Cheesebrough. Both Ian and Diane will be discussing what you should be thinking about as a business owner ahead of the UK exiting lockdown, including more about the various Government schemes; those that you may have you accessed and what
A biotech business has raised £1.2m for a new hand-held device that allows paramedics and emergency doctors to diagnose patients who are having a stroke. Sarissa Biomedical has secured funds from a consortium of investors including the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands
As the country takes steps to move out of lockdown, many employers are getting a better feel of the longer term effects of Covid-19 and what the resulting recession will mean for their business and employees. In this webinar, our legal experts Paul Chamberlain of JMW Solicitors and Sarah Thawley, Mercia’s Head of Legal, discuss some
Mercia Asset Management PLC is pleased to announce that the British Business Bank (“BBB”) has accredited the Group to deliver its Northern Powerhouse Investment Fund (“NPIF”) debt mandate under the new Coronavirus Business Interruption Loan Scheme (“CBILS”). CBILS provides financial support, via its accredited lenders, to smaller businesses (“SMEs”) across the UK that are losing revenue and seeing their
Join Dr Paul Mattick, Head of sales and investor relations at Mercia, and Chris Kilroy of the Mercia EIS investment team, who answer questions surrounding the impact of COVID-19 on Mercia’s EIS Funds, how its impacted the valuation and how Mercia are supporting their portfolio companies in the next period.