Mercia Asset Management

Mercia Fund Managers
Company typePublic company
LSE: MERC
IndustryPrivate equity
Founded2010; 14 years ago (2010) in Birmingham
Headquarters
Birmingham
,
United Kingdom
Key people
Mark Payton
Mike Hayes[1]
Tim Hazell
Stuart Palmer
Peter Dicks
Number of employees
85 (2019)
Websitewww.mercia.co.uk

Mercia Asset Management (Mercia) is a British venture capital and investment firm that provides venture capital to businesses focused on innovative technologies.[2][3][4] Mercia offers investment under the Seed Enterprise Investment Scheme (SEIS) and the Enterprise Investment Scheme (EIS), both investment-based tax-reliefs, operating one of the largest such combined funds in the United Kingdom.[5]

Startups in which Mercia has invested have gone on to earn awards for their innovations. Allinea Software was a 2011 Red Herring Global 100 winner and Molecular Solar earned the 2011 Lord Stafford Innovation in Development award.[6][7]

In April 2021, Mercia co-authored a report on UK-India Energy Opportunities[8] with think tank Bridge India[9] and law firm Howard Kennedy.[10]

  1. ^ Weber, Rachel (19 September 2013). "Ex-Sega CEO joins VC fund Mercia Fund Management".
  2. ^ "Mercia Fund Management". Retrieved 22 September 2013.
  3. ^ "Mercia Fund Management launches hybrid EIS and SEIS fund". 23 July 2012.
  4. ^ Bollen, Jennifer (20 November 2012). "Mercia looks to tax breaks for new growth fund".
  5. ^ "City Alliance's client Mercia Fund Management, announces over-subscription to the SEIS portion of Mercia Growth Fund 1". 19 November 2012. Archived from the original on 12 October 2013. Retrieved 5 October 2013.
  6. ^ "Molecular Solar shines at Lord Stafford Awards". 23 November 2011. Archived from the original on 16 January 2012. Retrieved 22 September 2013.
  7. ^ "Mercia Fund Management backs another award winner". 19 January 2012. Archived from the original on 12 October 2013. Retrieved 22 September 2013.
  8. ^ India, Bridge. "UK-India Energy Collaborations Report". bridgeindia.org.uk. Bridge India. Retrieved 3 August 2023.
  9. ^ India, Bridge. "Bridge India Homepage". bridgeindia.org.uk. Bridge India. Retrieved 3 August 2023.
  10. ^ Kennedy, Howard. "Howard Kennedy Homepage". howardkennedy.com. Howard Kennedy. Retrieved 3 August 2023.