£80m across the 3 VCTs inc over allotments
Northern VCTs (closed)
£80m was raised in 2025/26
This page for investment professionals only
The Northern VCTs comprise of three separate trusts, each providing access to a diverse portfolio of tech-driven businesses. Tax benefits include income tax relief and tax-free dividends, offering substantial advantages to shareholders.
The Mercia group is one of the leading technology investors in UK and Europe, with over 600 portfolio companies, £2.0 billion AuM and deployed over £281m last year.
Northern VCTs £80m offer (closed):
*Capital at risk. Please see full risk information here. The tax treatment depends on the individual circumstances of each client and may be subject to change in the future.
Key features
Portfolio of approx. 65 companies
4.5 - 5% target dividend
£6k minimum to £200k maximum investment
Create a bespoke client VCT illustration
Use our calculator to create bespoke client illustrations, and if you provide your email address, we can send you a very useful client-facing illustration.
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Independent reviews

Tax Efficient Review

MICAP - NVT

MICAP - N2VCT

MICAP - N3VCT
Case study: John's investment into the Northern VCTs
John is a 48-year-old software engineer who earns £80,000 per year. He has a pension and some savings but he wants to reduce his tax bill and invest in private companies to improve his diversification.
After assessing John’s attitude to risk, investment goals and capacity for for risk, John’s financial adviser suggests a VCT investment to manage his income tax liability.
Get in touch
Application queries & support
For any questions about the fund and applying, please contact enquiries@mercia.co.uk.
Shareholder - updates
For information, including valuations, please contact The City Partnership at registrars@city.uk.com or on 01484 240 910.
Shareholder - enquiries
For any other existing shareholder enquiries please contact Mercia Investor Relations at vctshareholderenquiries@mercia.co.uk.
