As one of the leading providers of venture capital and early stage finance to SMEs in England and Wales, Enterprise Ventures manages a wide range of investment funds on behalf of private and public sector investor clients. The company invests up to £2 million in businesses at all stages of development, from pre-revenue & proof of concept to MBO/MBI opportunities and development and replacement capital. Enterprise Ventures is fully regulated by the Financial Services Authority (FSA) and is a member of the British Venture Capital Association (BVCA). Founded in 1982, the company specializes in seed and early stage investments, growth financing, and management buy-out or buy-in of small and medium-sized enterprises. In March 2016, Enterprise Ventures was acquired by Mercia Technologies.