A former teacher who developed a software platform to help children speak and write more confidently has raised £250,000 from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund, Chris Williams’ system Chatta is already used by almost 100 schools worldwide and has been named
Axis Spine – the Mercia-backed company which is developing the next generation of spinal implants – has raised a further £830,000 to launch trials of its product in the US. The company, whose technology improve the success of spinal surgery and help patients in chronic pain, expects to secure clearance from the US Food and
Mercia Asset Management PLC is pleased to announce that the British Business Bank (“BBB”) has allocated an additional £54.3million to Mercia’s two existing investment mandates from the Northern Powerhouse Investment Fund (“NPIF”). This takes Mercia’s total mandates from BBB to £186.3million and the Group’s total assets under management (“AUM”) to c.£800million. Mercia was first awarded
A Doncaster business which provides decontamination services to laboratories nationwide is operating seven days a week to help in the fight against coronavirus. IP&C Solutions has extended its services to cover sites including hospitals, schools, play areas and workplaces. In addition to fumigation, the company installs laboratory equipment and has also been helping set up
Patrick Dunne joins us once again to give us a Covid-19 update in what has been a surreal time for people and business. Patrick looks ahead to the impact on what this global pandemic has caused, as well as taking questions on everything from exit strategies post-lockdown to new working patterns.
In the first of our series of webinars we welcome Lee Humble, Malcolm Holloway and Alastair Wilson alongside Mercia‘s Fund Principal Ian Wilson, who speak about the various schemes and support available to businesses during the Covid-19 pandemic. The panel also take questions.
Mercia Asset Management PLC is pleased to note that the three Northern Venture Capital Trusts (“NVM VCTs”) which form part of Mercia’s assets under management (“AUM”), following the acquisition of the NVM VCT fund management contracts in December 2019, have raised a total of £38.2million in new capital through the share offers launched in January 2020. The
Mercia Fund Principal Ian Wilson is joined by the influential Diane Cheesebrough in this webinar. The pair chat about how companies are starting to change their focus during the Covid-19 pandemic and this strange and challenging times for businesses.
Having the right mindset is key to navigating the current crisis. Brian Davidson of Parkhead Investments joined by David Jones and Nick Carr from Deloitte offer some practical guidance: Maximise your liquidity. Look through every area of your costs and challenge every single item. Don’t assume there is any such thing as ‘fixed costs’. Consider
In the midst of the crisis, managers are facing tough choices such as whether to furlough staff or even mothball the business. Diane Cheesebrough, who has over 20 years’ experience as a business leader and board member, explains how to make sound but fair decisions. Cash is key right now. The old adage – turnover