Connect with us

NEWS

New university partnership announced with the University of Edinburgh

Mercia Technologies PLC, the national investment group focused on the funding and scaling of innovative technology businesses with high growth potential from the UK regions is pleased to announce that it has signed a partnership agreement with the University of Edinburgh (UoE); one of the world’s top 25 universities (according to the Quacquarelli Symonds World University Rankings).

Left, Mark Payton CEO of Mercia Technologies PLC and right, Hugh Edmiston, Director of Corporate Services at The University of Edinburgh.

Left, Mark Payton CEO of Mercia Technologies PLC and right, Hugh Edmiston, Director of Corporate Services at The University of Edinburgh.

This non-exclusive partnership with the UoE provides access to Edinburgh Innovations, which has established 189 new spin-out/start-up businesses in the past five years. Mercia anticipates a significant number of new Scottish investment opportunities as a result of this partnership, over the medium term.

Mercia will establish a team of up to four people initially on the UoE campus and has the funds available to deploy specifically for opportunities developed at the UoE. This will be an important base for Mercia to both reach out to the leading research centres within UoE, importantly connecting to its five other Scottish university partners and more broadly, to other innovators and entrepreneurs across Scotland.

Dr George Baxter, CEO of Edinburgh Innovations at the UoE said: “The UoE has an exciting pipeline of technology coming from its internationally recognised research base. We are pleased to be working with Mercia which has a strong track record of supporting spinout activity and we see this partnership as an important part in the UoE’s mission to increase its role in local, regional and national innovation, such as the recently announced Edinburgh and South East Scotland City Region Deal.”

Mark Payton, Chief Executive Officer of Mercia Technologies PLC said: “This is a further milestone for Mercia as we continue to expand our model of patiently supporting globally relevant opportunities with our managed funds before swiftly scaling via our balance sheet capital. I would like to thank the team at the UoE for their positive support and engagement.  I look forward to what I know will be a productive relationship as we build out our presence in Scotland and, in parallel, continue to support our 18 other key university partnerships across the Midlands, the North of England and Scotland.”

Left, Mark Payton CEO of Mercia Technologies PLC and right, Hugh Edmiston, Director of Corporate Services at The University of Edinburgh.

Continue Reading
Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.

Recent Posts