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 over 60 investment professionals and support staff who raise and invest debt, venture and growth capital into innovative SMEs across the UK regions.
- 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.
Invests between £500,000 and £2 million in businesses with pre-tax profits in the range of £250,000 to £1 million, or those that show potential to achieve this
- Business sectors:
Mercia Fund Management has 6 case studies.
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