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Mercia Technologies PLC focused on scaling innovative businesses in the UK regions

Mark Payton, chief executive of Mercia Technologies PLC (LON:MERC), tells Proactive Investors that within the regions in the UK there's a distinct lack of capital but some 'fantastic' investment opportunities.

''I'd refer to those regions as the Midlands, north of England and Scotland ... ''.

''What we've developed is using funds under management initially and supporting these businesses from anything like 6 months to 7 or 8 years and using our own balance sheet capital to effectively scale those businesses''.

''To put that into context we see 1500 to 2000 business plans a year and our funds invest in about 5% of what we see and over time our balance sheet invests in about 2% of that portfolio within those funds ... so there really is a scaling opportunity but for a discreet few businesses from the regions''.

 

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