Mercia Technologies, a leading investor, has invested £14.3m in SMEs
Mercia Technologies, one of the leading investment businesses, has invested £14.3m in various small and medium sized enterprises in 2018, which was a big increase from their £9m investments in 2017. 24 companies received the investment, including Pimberly, ParkCloud, Soccer Manager and Baldwin Engineering Holdings.
In 2018, Mercia increased in size. Now it has more than 80 employees across eight locations, and it has formed partnerships with 19 regional universities including Liverpool and Liverpool John Moores.
Mark Payton, chief executive of Mercia Technologies, said: "Regional cities such as Manchester, Preston, Sheffield, Newcastle, Birmingham and Edinburgh are increasingly important technology hubs. However, venture capital remains heavily focused on London.
"Mercia has offices in all of these locations and as these latest figures show, it is addressing this shortfall by sourcing and backing exceptional businesses across the UK’s regions. Building on a successful 2018, I expect Mercia to continue to scale its activities into 2019."
Source: Insider Media – North West
_______________
Many office-based start-ups and SMEs don’t see the point in using a time and attendance system, but we think differently.
We know from experience that companies find the data we can offer them very useful in building up a bigger picture of their employees’ punctuality and productivity.
For example, HR staff can very easily view and create reports about the absence or lateness occurrences for every single employee in the company.
This could give them advance warning about morale problems in individual departments, or allow them to spot who generally rings in sick on a Monday or Friday.
Getting a system to take care of all this time-wasting monitoring for you is just common sense.
Our products are available to small business, although not micro business as our software is suitable for companies with ten or more employees.
If you rent your premises, as most businesses do and cannot install any extra wiring, your employees can use our web-based attendance recording rather than our physical terminals.
This is called the Self Service Module (SSM), and it allows employees to clock in and out using either a browser version, or a mobile phone app. They can also request holiday using this app, which eliminates the need for cumbersome paper holiday forms.