The ex-teacher using tech to get families talking again

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

Spinal implants firm targets £7bn US market

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

British Business Bank increases Mercia’s investment mandate by £54.3million

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

Firm in the frontline in fight against coronavirus

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

NVM VCTs raise £38.2million

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

COVID-19: The survival mindset

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

Covid-19: Making the right decisions

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