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is targeted at already established businesses looking to expand. The SEIS and EIS tax incentives provide income tax relief and removes capital gains tax, under certain conditions. The Mercia Growth Fund was invested in two separate rounds: the Mercia Growth Fund 1 was launched in 2012 and the Mercia
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focused on innovative technologies. These startups are usually in the very early stages of development and often have yet to earn revenue. Mercia is led by Mark Payton, its managing director. Mark is a member of the
Faculty of Science Engineering and Computing Advisory Board,
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and in LM Technologies. The fund manager has also invested in
Allinea Software, which was a winner in the Red Herring Global 100 and Molecular Solar, also from Warwick Ventures, which got the Lord Stafford Innovation in Development award, both in 2011.
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of
England, in addition to other unaffiliated startups, supporting technology innovations in a variety of sectors as well as a number of businesses that are not technology based. Mercia has
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242:. The Mercia Fund 1 has since expanded its portfolio to other universities. Mercia Fund Management, now an independent firm, currently collaborates with eight universities within the
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Mercia was initially set up to manage one of WM Enterprise's portfolios, the Mercia Fund 1, which was aimed at providing seed capital for innovative projects emanating from the
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by Mark Payton as a venture capital fund manager in 2010, after a buyout of WM Enterprise. Based in the United
Kingdom, Mercia provides venture capital primarily to
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Mercia has invested in startups in various fields. It invested in Oxford
Genetics Ltd (a UK based DNA engineering company), in Warwick Audio Technologies from
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502:
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257:, raising £70.0million. Mercia Fund Management became the wholly-owned subsidiary of Mercia Technologies. The Group at that point had 7 employees.
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The Mercia Growth Fund was the first of Mercia's funds offered to retail investors. The Mercia Growth Fund was launched to take advantage of the
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In April 2021, Mercia co-authored a report on UK-India Energy
Opportunities with think tank Bridge India and law firm Howard Kennedy.
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The Mercia
Technology Seed Fund invests in businesses with a viable technological concept but which may lack adequate revenue.
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610:"Mercia Fund Management, a supporter of Midland university spinouts, hears feedback from two Keele University start-ups"
445:"City Alliance's client Mercia Fund Management, announces over-subscription to the SEIS portion of Mercia Growth Fund 1"
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firm that provides venture capital to businesses focused on innovative technologies. Mercia offers investment under the
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192:(EIS), both investment-based tax-reliefs, operating one of the largest such combined funds in the United Kingdom.
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In June 2014, Abzena was the first Mercia Fund
Management company to be listed on a public stock exchange.
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authorisation. The fund is supported by shareholders including
Forward Group, a private equity fund.
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Mercia Fund
Management distributes and manages several funds including options under the UK's
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Startups in which Mercia has invested have gone on to earn awards for their innovations.
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813:"Second EIS/SEIS fund from Mercia Fund Management aimed at tax-break-seeking investors"
799:"MabLyte and Watertronix backed by new Mercia Fund Management hybrid EIS and SEIS fund"
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17:
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658:"Oxford Genetics secures £150,000 backing from Mercia Fund Management"
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In 2019 the company changed its name to Mercia Asset Management PLC.
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earned the 2011 Lord Stafford Innovation in Development award.
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635:"Mercia Fund Management invests GBP150,000 in Oxford Genetics"
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402:"Mercia Fund Management launches hybrid EIS and SEIS fund"
677:"Generous tax breaks extended for investors in start-ups"
503:"Mercia Fund Management backs another award winner"
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47:
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853:"Intention to float – AIM – London Stock Exchange"
351:"Ex-Sega CEO joins VC fund Mercia Fund Management"
916:Financial services companies established in 2010
474:"Molecular Solar shines at Lord Stafford Awards"
426:"Mercia looks to tax breaks for new growth fund"
292:tax incentives, under the UK's Finance Act. The
827:"Seed fund puts £300k into Bluetooth and Wi-Fi"
296:is invested into startup businesses while the
27:A British venture capital and investment firm
8:
906:Companies based in Birmingham, West Midlands
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901:Venture capital firms of the United Kingdom
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709:"Forward Group becomes Mercia shareholder"
253:In 2014 Mercia Technologies PLC listed on
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695:"Funding University of Keele spin-outs"
530:"UK-India Energy Collaborations Report"
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774:"Mercia launches hybrid SEIS/EIS fund"
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911:British companies established in 2010
424:Bollen, Jennifer (20 November 2012).
7:
301:Growth Fund 2 was launched in 2013.
776:. Private Equity Wire. 23 July 2012
349:Weber, Rachel (19 September 2013).
476:. 23 November 2011. Archived from
447:. 19 November 2012. Archived from
25:
505:. 19 January 2012. Archived from
186:Seed Enterprise Investment Scheme
747:. City Alliance. Archived from
675:Pitts, Andrew (20 March 2013).
656:Dunsby, Megan (22 July 2013).
218:The company was co-founded as
1:
255:Alternative Investment Market
190:Enterprise Investment Scheme
305:Mercia Technology Seed Fund
248:Financial Conduct Authority
81:; 14 years ago
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725:. Mercia Assets Management
886:Mercia's official website
584:"Howard Kennedy Homepage"
637:. IVC POST. 22 July 2013
376:"Mercia Fund Management"
236:University of Birmingham
557:"Bridge India Homepage"
170:Mercia Asset Management
745:"Mercia Growth Fund 2"
697:. Bdaily. 6 June 2013.
220:Mercia Fund Management
201:Red Herring Global 100
18:Mercia Fund Management
857:London Stock Exchange
323:University of Warwick
240:University of Warwick
833:on 20 September 2013
244:West Midlands region
33:Mercia Fund Managers
711:. 19 February 2013.
664:on 12 October 2013.
229:Kingston University
224:start-up businesses
141:Number of employees
34:
751:on 12 October 2013
561:bridgeindia.org.uk
534:bridgeindia.org.uk
509:on 12 October 2013
480:on 16 January 2012
451:on 12 October 2013
280:Mercia Growth Fund
863:on 6 October 2014
588:howardkennedy.com
582:Kennedy, Howard.
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16:(Redirected from
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859:. Archived from
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801:. 10 April 2013.
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815:. 6 March 2013.
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404:. 23 July 2012.
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205:Molecular Solar
188:(SEIS) and the
178:venture capital
176:) is a British
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880:External links
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612:. 10 June 2013
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563:. Bridge India
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536:. Bridge India
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867:30 September
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98:Headquarters
38:Company type
29:
203:winner and
199:was a 2011
134:Peter Dicks
121:Mark Payton
895:Categories
333:References
182:investment
127:Tim Hazell
124:Mike Hayes
117:Key people
103:Birmingham
92:Birmingham
455:5 October
276:options.
50:Traded as
594:3 August
567:3 August
540:3 August
313:Startups
238:and the
66:Industry
321:of the
214:History
157:.mercia
150:Website
84: (
76:Founded
58::
174:Mercia
729:7 May
264:Funds
869:2014
839:2013
782:2013
757:2013
731:2024
643:2013
618:2013
596:2023
569:2023
542:2023
515:2013
486:2013
457:2013
383:2013
294:SEIS
288:and
286:SEIS
272:and
270:SEIS
180:and
86:2010
79:2010
60:MERC
298:EIS
290:EIS
274:EIS
161:.uk
159:.co
155:www
90:in
56:LSE
897::
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.