# New university partnership announced with the University of Edinburgh
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2017-11-03
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Mercia Technologies PLC partners with University of
Meta Description: Mercia Technologies PLC partners with UoE, opening doors to innovative tech businesses and investment opportunities in Scotland. Exciting times ahead!
URL: https://financedigest.com/new-university-partnership-announced-with-the-university-of-edinburghhtml

![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/fd031117-9-1736843315412-compressed.jpg)

[Mercia Technologies PLC](http://link.email.dynect.net/link.php?DynEngagement=true&H=%2Bdu7sJaY23OO%2BqQ6mC2QqglzHYl8onDna9bYv0z8S%2B2c1yLWI1mxfrUkot6nVK0VHatY0XxgAxZozYbf1UrUYaGVrzoEVM8irraD8OCKpVO%2FWEVYpRC9%2Bg%3D%3D&G=0&R=https%3A%2F%2Fwww.merciatech.co.uk%2F&I=20171101075350.000000fae202%40mail6-59-ussnn1&X=MHwxMDQ2NzU4OjU5Zjk3ZDdmOGU2NTQ1NTEyY2Y2MGZhYTs%3D&S=7vA63EdyRbnTBCaWpQz2CthNbhwl89NlmNl7ceLzlW0), 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.](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/fd031117-9-1736843315412-compressed.jpg)

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](https://www.financedigest.com/multi-functional-point-of-care-testing-market-growth-analysis-opportunities-trends-developments-and-forecast-to-2028.html "Multi-Functional Point Of Care Testing Market Growth Analysis, Opportunities, Trends, Developments, And Forecast to 2028") at the UoE. This will be an important base for Mercia to both reach out to the leading research centres within UoE, [importantly connecting](https://www.financedigest.com/importance-of-transparency-and-connections-in-business.html "Importance of Transparency and Connections in Business") 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](https://www.financedigest.com/talent-acquisition-staffing-technology-and-services-market-to-reach-usd-196-1-bn-by-2028-comprehensive-research-report-by-fmi.html "Talent Acquisition & Staffing Technology and Services Market to reach USD 196.1 Bn by 2028 – Comprehensive Research Report by FMI") base. We are pleased to be working with Mercia which has a strong [track record](https://www.financedigest.com/norway-on-track-for-record-gas-export-will-be-ready-for-winter-gassco-ceo.html "Norway on track for record gas export, will be ready for winter -Gassco CEO") 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](https://www.financedigest.com/ecbs-villeroy-lays-out-plan-for-shrinking-balance-sheet.html "ECB’s Villeroy lays out plan for shrinking 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](https://www.financedigest.com/impact-com-continues-momentum-in-the-first-quarter-fueled-by-client-growth-new-products-and-partnership-events.html "impact.com Continues Momentum in the First Quarter, Fueled by Client Growth, New Products and Partnership Events") 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.](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/fd031117-10-1736843315391-compressed.jpg)


---
This blog is powered by Superblog. Visit https://superblog.ai to know more.
---