Mercia Asset Management PLC announces North East Accelerate Fund
The North East Fund is now live, a £350 million initiative designed to create 2,300 new jobs and support 470 innovative businesses over the next 15 years.
Fund Principal, Ian Wilson details the new North East Accelerate Fund portion, which will invest £50,000 to £1million in early-stage, high-growth companies and help founders turn bold ideas into thriving businesses.
This is a transformative opportunity for founders across the region to access the investment they need to scale, innovate and succeed.
Mercia empowers UK businesses to innovate and grow, forging long-term partnerships
Fuelling UK business ambitions, we provide venture capital, business loans and private equity ranging from £100k to £10m to accelerate growth and impact. Our mission is to be the first-choice provider of capital for businesses that typically seek up to £10million. We strive to be a responsible long-term investment partner, pledging far more than capital when we invest in your business.
Looking for investment?
Mercia Ventures
Venture capital up to £10m
Mercia Business Loans
Business loans up to £2m
FDC
Growth Capital up to £8m
Mercia PE
Private Equity up to £10m