Mercia Fund Management
Mercia started its journey in 2007 with one office and seven university partnerships.
Mercia is a national investment group focused on the funding and scaling of innovative businesses with high growth potential from the UK regions. Initially this is through Mercia’s managed funds and then selectively scaling businesses through its own balance sheet capital.
In March 2016 Mercia then acquired Enterprise Ventures, which later became Mercia Fund Managers in October 2017.
Since the acquisition, the business has continued to scale. The Group now has eight offices across the Midlands, the North of England and Scotland, with 90 investment professionals and support staff who raise and invest debt, venture and growth capital into innovative SMEs across the UK regions.
Mercia also manage the Northern Powerhouse Investment fund (NPIF)
- Regions: East Riding, Hull, North East Lincolnshire, North Lincolnshire
- Telephone 0330 223 1430
- Website View website
Business Support & Offered Services
Mercia Fund Management offers 1services.
Mercia Fund Management has 11 case studies.
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 some of Britain’s best known venues such as Kew Gardens and the Tower of London.
The latest funding will support its expansion following a number of new
A fast-growing Hull contractor is set to double its turnover and create 10 new jobs after securing a £100,000 loan from NPIF – Mercia Debt Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund.
It is the second round of NPIF funding for GW Power-Safe, which is led by 31-year-old entrepreneur Dan Haley and which provides mechanical and electrical installation services to contractors and business customers.
Since the initial £100,000 loan in June 2018, the company has
A Humber business which has developed an online lead generation system to help SMEs access new business opportunities has secured a £250,000 investment from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund.
LiveLead lists tenders of all types from over 500 different portals as well as details of planning applications from almost every local authority in the UK, which alert firms to developments in the pipeline. It is already being
A Hull start-up which aims to revolutionise the haulage industry by finding a better way to match drivers and employers has completed a £350,000 funding round led by NPIF – Mercia Equity Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund.
The funding, which includes £300,000 from NPIF with the remaining £50,000 from Avail’s Chairman, Keverne Watt, will enable the company to further develop its platform and app to create more functionality for users.
Avail Technologies removes
The Northern Powerhouse Investment Fund has invested £150,000 to support ProGen Services Limited as it seeks to recruit new staff.
Founded in 2014, the Grimsby-based company is an industrial and commercial electrical and mechanical contractor. Progen provides fully integrated mechanical, electrical, instrumentation, control and automation (MEICA) turnkey operations across the UK.
The £150,000 funding will enable the creation of at least 10 new jobs, including a new apprenticeship programme. The investment will also be used to scale up the business by acquiring
An award-winning Hull business which provides mechanical and electrical installation services is looking to boost growth after securing a £100,000 loan from NPIF – Mercia Debt Finance, which is managed by Mercia Fund Managers and part of the Northern Powerhouse Investment Fund.
The funding will allow GW Power-Safe to take on larger contracts and create 10 new jobs in the coming year. The company was established in 2014 by Dan Haley, then aged 25, after being made redundant from his job
A Hull healthtech start-up which has developed an award-winning device to enhance mental wellbeing has secured a £200,000 investment from NPIF-Mercia Equity Finance, which is managed by Mercia Fund Managers and is part of the Northern Powerhouse Investment Fund.
Moodbeam’s wearable device allows users to log their mood and monitor their emotional wellbeing – or that of their children, students, patients or employees. The device, which links to an
A Hull company which provides construction services to the social housing sector has secured £100,000 funding for expansion from NPIF – Mercia Debt Finance, part of the Northern Powerhouse Investment Fund (NPIF).
Westlinks Joiners and Locksmiths Ltd undertake major renovation, maintenance and adaptation work for a wide variety of commercial and public sector clients,
The Northern Powerhouse Investment Fund (NPIF) has facilitated £250,000 worth of debt funding to Humber-based engineering firm Allied Protek Engineering Solutions.
Based in Grimsby, Allied Protek is an engineering specialist, providing a full project management package including design, engineering, installation and maintenance for clients in the food, drink, fine chemicals and pharma sectors.
The investment was made by NPIF – Enterprise Ventures Debt Finance,
An award-winning Hull-based video advertising start-up has secured funding from NPIF – Enterprise Ventures Equity Finance.
Ash TV, a Tech North Northern Star 2016 award winner, will use the investment to hire additional staff to support its ambitious growth plans. It is the first investment in Humber by NPIF – Enterprise Ventures Equity Finance.
The company was founded in 2014 by Ash Lewis, who has a background in programming and over 10 years’ experience working in online
Electric String, the Hull-based audio-visual systems specialist, has secured a £100k loan from the Northern Powerhouse Investment Fund (NPIF). This is the first investment in Humber by the NPIF – Enterprise Ventures Debt Finance.
The investment follows a number of new contract wins at Electric String, which designs and installs bespoke systems for homes, corporate spaces and luxury yachts.
The company now plans to expand its 17-strong team with the appointment of an engineer and business development manager. Founded in 2010 by