What is the loan available for?
The Midlands Engine Investment Fund (MEIF), supported by the European Regional Development Fund, provides commercially focussed finance through Small Business Loans, Debt Finance, Proof of concept and Equity Finance funds.
The Midlands Engine Investment Fund aims to transform the finance landscape for smaller businesses in the Midlands and to realise the region’s potential to achieve economic growth through enterprise.
MEIF is a collaboration between the British Business Bank and ten Local Enterprise Partnerships (LEPs) in the West Midlands and East and South East Midlands.
MEIF provides over £250m of investment to boost small and medium business (SME) growth in the Midlands.
If you’re looking for finance to get your product or company started, it’s more likely you will require equity-based funding.
Historically equity markets in the Midlands have invested in later stage businesses with the area receiving less early stage funding than the UK average.
The MEIF Proof-of-Concept equity funding can help you get your idea off the ground and realise your business dream.
How it works
All funds cover the whole of the MEIF investment area, but do have a geographic focus to provide a local service for companies.
How to apply?
For more information or to make an enquiry please click here
Contact information:
Midlands Engine Investment Fund
