Northern VCTs

The Northern VCTs are a collective of UK-based venture capital trusts comprising Northern Venture Trust PLC, Northern 2 VCT PLC, and Northern 3 VCT PLC. They focus on investing in early-stage companies across a diverse range of sectors, aiming to foster growth and innovation within the UK economy. Their investment strategy is designed to support businesses at various stages of development, from seed to growth phases, providing capital to help them scale and succeed. The trusts have a history of engaging in fundraising activities, including share subscription offers, to raise capital for new investments. For instance, in September 2025, they announced a prospectus for new share subscription offers targeting a total of £35 million across the three trusts. This initiative reflects their ongoing commitment to supporting emerging businesses and contributing to the UK's economic development. The Northern VCTs are managed by Mercia Fund Management Limited, which also serves as their investment adviser and promoter. This partnership ensures a strategic approach to identifying and nurturing high-potential companies, aligning with the trusts' objectives of delivering value to shareholders and supporting the broader business ecosystem. Their investment philosophy emphasizes a hands-on approach, working closely with portfolio companies to drive growth and achieve sustainable success.

The Northern VCTs' investment activities are characterized by a focus on sectors such as technology, healthcare, consumer goods, and financial services, among others. This diversified sector approach allows them to tap into various market opportunities and mitigate risks associated with sector-specific downturns. Their commitment to the UK market is evident in their geographical focus, aiming to bolster domestic industries and create employment opportunities. The trusts' investment size parameters, with a minimum individual investment of £6,000 and a maximum of £200,000, are structured to accommodate a wide range of investors, from individual shareholders to institutional participants. This structure facilitates broad participation in their investment offerings, promoting inclusivity and shared growth.

In summary, the Northern VCTs play a pivotal role in the UK's venture capital landscape, providing essential funding and strategic support to early-stage companies. Their diversified investment approach, combined with a strong management team and a clear focus on the UK market, positions them as a significant contributor to fostering innovation and economic growth. Through their ongoing fundraising efforts and strategic investments, they continue to demonstrate a commitment to nurturing the next generation of successful UK businesses, ensuring a dynamic and resilient economy for the future.