Contents
Current fund availability
Take advantage of our currently open funds
EIS Fund overview
Deployment timeframe
Each EIS fund aims to be fully invested within 12 months of closing, ensuring efficient capital deployment.
Sector Focus
We concentrate on key sectors, such as Life Sciences & Digital Health, AI & Software, Clean Tech, and Deep Tech, which offer high-growth potential and align with our investment philosophy of modest capital requirements.
Diversified portfolio
Our funds consist of a well-diversified portfolio encompassing about 12 technology companies, ensuring broad exposure to different growth opportunities.
Minimum investment
The minimum investment amount is £25,000 for Mercia EIS and £10,000 for our Knowledge-intensive EIS, providing accessibility to a wide range of investors.
Always open
Rolling Mercia EIS funds enable investors to engage at their convenience with regular closes in April, June, September, and December. Mercia's Knowledge-intensive EIS is closed in April each year annually.
Key sectors at a glance
- Life Science and Digital Health technologies that improve health care delivery, outcomes, and personal wellness
- Deep Tech technologies based on scientific research and engineering innovation, including artificial intelligence and biotechnology
- Clean Tech that reduce environment impact, enable renewable energy or decrease waste
- Enterprise software technologies that can standardise and automate business processes
- Cybersecurity technology used to protect digital system and data
Independent summary of exits
“The Fund has facilitated 15 profitable exits to date, including full and partial exits with returns from The Native Antigen Company, C7 Health, and Oxford Genetics Limited which have fully exited with 8.70x, 14.18x, and 16.28x return multiples respectively. This is very promising, and one of the more developed records in the EIS market”
– MICAP, 2024
Mercia's Knowledge-intensive EIS
Our Knowledge-intensive EIS is our approved fund, enabling tax relief to be carried back up to one year earlier compared to a typical fund. For tax purposes, the investment date is the fund’s closing date, rather than its deployment date. Instead of applying tax relief to each individual investment, the fund is treated as a single entity and you will receive a single EIS5 tax certificate.
About Mercia EIS
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Independent reviews
We are proud to have been reviewed by leading industry experts. Independent reviews by reputable institutions such as tax-efficient review (TER), MICAP, and Allenbridge.
“With a final rating of 87 out of 100, Mercia is firmly ensconced at the top table of EIS managers”.
Martin Churchill, Tax Efficient Review, 2024 -
Reducing risk through diversification
Mercia EIS has about 12 companies in each portfolio, more than typical EIS funds. By investing in different technology companies and sectors, investors gain exposure to multiple growth areas whilst reducing dependence on any single high-risk company. Although these companies are high-risk, diversification helps lessen those risks, though it can’t remove them completely.
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A large Investment team
Our investment team comprises seasoned professionals with extensive experience and a deep understanding of the venture capital landscape.
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Mercia’s geographical strategy
While 70% of venture capital typically flows into London-based companies, Mercia focuses on the untapped potential of the UK’s regions. Our approach enables us to identify sensibly priced businesses with modest capital requirements
How to apply
To apply on behalf of your client, simply complete the online application form. Once your application is approved and an account is opened, you can proceed with the subscription via bank transfer. Within five working days, you will receive the welcome pack and login details to the Investor Centre.
Application support
If you have any questions about the fund or require assistance with your application, please reach out to Stefan Helm (stefan.helm@mercia.co.uk). You can also schedule a personalised Zoom meeting with Stefan to discuss your application in more detail.
Investor portal & support
Upon approval of your application, you will receive a welcome pack and gain access to your investor portal, an all-in-one platform designed to provide you with insights into your investments.
Stay informed with comprehensive performance reports, access valuations, statements and tax certificates, all in one user-friendly interface.
With 24/7 accessibility, our mobile-friendly portal empowers you with the information you need to make informed investment decisions and track the success of your portfolio.
Portal Log-in – Access tax certificates, valuations and performance documentation
Investor support – If you need assistance obtaining valuations and other documentation from the portal, or resetting your password, please contact enquiries@mercia.co.uk