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£500k Northern Powerhouse loan helps engineers fulfil a tall order!

A Yorkshire company which specialises in installing telephone masts has secured £500,000 funding from NPIF-Mercia Debt Finance, which is managed by Mercia Fund Managers and is part of the Northern Powerhouse Investment Fund. The loan will allow Doncaster-based 8point8 Support to fulfil a major new contract in Netherlands and create ten

Healthtech start-up secures £200k NPIF investment

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

Mercia backs £2m buy-out at risk management firm

A Yorkshire insurance and risk management consultancy has undergone a £2m management buy-out backed by debt funding from Mercia Fund Managers. ProAktive Risk Group, which is based in Doncaster, is a commercial insurance broker which also provides risk management advice to help businesses reduce claims and premiums. Its consultancy services include

Mercia opens new office in Leeds

Mercia Fund Managers, part of Mercia Technologies PLC, has opened a new office in Leeds city centre to support its continued growth in the region. The Leeds office, in the new Platform building located on New Station Street, is its second in Yorkshire. The business already has an office in Sheffield. It

Biomass supplier secures £200k to fuel growth

A fast-growing Yorkshire company, which has become one of the region’s leading suppliers of biomass wood pellets, has secured £200,000 to support its further growth from NPIF – Mercia Debt Finance, which is part of the Northern Powerhouse Investment Fund. VerdEnergy supplies customers throughout the North of England from its headquarters

Inventor receives £500k backing for toy robots that teach kids to code

A Yorkshire entrepreneur who has launched a new range of ‘smart toy’ robots which teach children to code, has secured a £500k investment from NPIF – Mercia Equity Finance, part of the Northern Powerhouse Investment Fund (NPIF). BinaryBots™ is the brainchild of software developer Chris Burgess. The range features characters including

Construction firm set to build its business with £100k funding

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

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