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Mercia partners with U of Edinburgh to support early-stage spinouts


By Jesse Schwartz
Published: November 8th, 2017

Tech investment firm Mercia Technologies is partnering with the University of Edinburgh (UoE) to support early-stage companies spun out of the school.

Under the agreement, Mercia will have access to Edinburgh Innovations, the university’s tech transfer arm, which has helped launch 189 start-ups over the past five years. The investment firm will deploy a team of four to seek out and fund innovative projects developed at UoE.

 “This will be an important base for Mercia to both reach out to the leading research centers within UoE, importantly connecting to its five other Scottish university partners and, more broadly, to other innovators and entrepreneurs across Scotland,” says Mercia.

George Baxter, CEO of Edinburgh Innovations, comments, “The UoE has an exciting pipeline of technology coming from its internationally recognized 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 of the UoE’s mission to increase its role in local, regional and national innovation.”

Mercia CEO Mark Payton says, “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.”

Source: insider.co.uk

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