Technology investor Mercia Fund Management (MFM) has appointed Dr Nicola Broughton as an investment director and head of technology transfer.

Ms Broughton will be growing a team to help support Mercia’s university partners in their areas of geographical focus – the Midlands, North and Scotland.

She has already worked closely with several MFM investee companies within the life sciences sector, as well as with Mercia’s university partners in the Midlands.

She will be liaising with university technology spin-outs and university technology transfer offices to offer them support and advice on developing their work into a profitable, marketable business.

Ms Broughton has a wealth of experience in both life sciences and university commercialisation. In 2013 she founded her own IP commercialisation company, for which she worked as a transfer and licensing advisor to many universities across the UK.

CEO Mark Payton said: “We are delighted to welcome Nicola to our team, especially as our number of university links continues to grow.

“MFM has an enviable pipeline of spin-out investment opportunities from universities based in the Midlands, North and Scotland, including the Universities of Warwick and Birmingham.

“With the appointment of Nicola as Head of Technology Transfer, we will be able to provide further support and guidance and, through our unique investment model, we will then be able to fund these spin-outs through to growth and potential exit.

“We look forward to working with Nicola as we begin a new round of investments and continue to expand our university partnerships.”