Richmond-based food manufacturing company Holmesterne Foods has expanded its product range to include meat-free alternatives since receiving a £250,000 investment from NPIF – Mercia Debt Finance, managed by Mercia and part of the Northern Powerhouse Investment Fund. The business, which was established 33 years ago, produces raw and cooked meats, frozen vegetables and ready meals.
A university spin-out which allows businesses to use advanced computer simulations to test new ideas and make better decisions has secured £750,000 to help further develop its technology. Slingshot Simulations has secured the funding from the University of Leeds and NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the
A fast-growing Hull tech company is set to create 25 new jobs after securing a £350,000 loan to support its growth from NPIF – Mercia Debt Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund. Tevalis supplies electronic point of sale systems to the hospitality, leisure and gaming sectors including
A fast-growing specialist metals supplier has secured a £200,000 loan from NPIF – Mercia Debt Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund. Hempel Firmus Metals, which is based in Dewsbury, stocks materials such as nickel alloys and titanium which are used in equipment for the oil, gas and
Cyan Forensics – the Edinburgh-based start-up whose technology helps police investigators to find evidence faster – has secured a further £1.3m from a consortium of investors. The funding, which has come from Triple Point Investment Management, Mercia, SIS Ventures, the Scottish Investment Bank and private investors, will support the company’s expansion and allow it to
A Halifax company which is a leading provider of furniture and fit-outs for student and rental accommodation schemes is set for growth with the help of £500,000 loan from NPIF – Mercia Debt Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund. Project:ff&e is on course to increase turnover by
A Yorkshire-based firm which trains personal trainers and sports coaches nationwide is one of the first in the region to become an employee-owned business. Strength and Conditioning Education has undergone a seven figure buy-out, supported by a loan from Mercia. The deal gives the staff control of the business while allowing founder and CEO Brendan
Today Mercia Asset Management PLC has announced its Half Year Results to 30 September 2019. Mark Payton, Chief Executive Officer of Mercia, commented: “We are six months into our three-year plan to double assets under management, move the Group to a profitable trading position and evergreen our balance sheet. We expect that this will be
Mercia Asset Management (Mercia) has announced its intention to acquire the management of the three Northern Venture Capital Trusts (VCTs); Northern Venture Trust PLC, Northern 2 VCT PLC and Northern 3 VCT PLC, from NVM Private Equity LLP (NVM). This will fulfill Mercia’s ambition to become the leading provider of complete, connected capital to regional
A Lincoln entrepreneur who developed a software platform for event organisers after working on the London Olympics and other international events has secured a £250,000 investment to further develop his system. Joe Cusdin secured the funding from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the