Universities are Leading the Way
- On October 25, 2018
- By GrowthInvest Admin
UK universities are world renowned and Mercia, which was has a network of 19 university partners, was recently identified as one of the most active investors in UK university spinouts having completed 23 investments in 2017. Our network of partners receives £1.8billion in R&D funding which is actually larger than OxBridge at £1.3billion.
The University of Edinburgh, which alone has £0.5billion R&D funding per annum, is in the top 25 worldwide and is producing some ground-breaking technology. Mercia’s first EIS investment into an Edinburgh spinout was identified as Best Innovative Medtech at last month’s OBN Awards, narrowly beating another of Mercia’s university spinout, Medherant from the University of Warwick.
Mercia are hosting a webinar on Friday 2nd November featuring Dr Nicola Broughton (Investment Director and Head of Universities), covering why Mercia invests in spinouts from UK universities and examples of spin-out companies that Mercia have backed. Click here for more information and to join the webinar
For more information and the full article, please click here
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