What is the Midlands Engine Investment Fund?
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.
Small business loans from £25,000 – £150,000
If you’re running a start-up, you probably don’t yet have any major assets or a proven track record. As a result, you may find it difficult obtaining the finance you need to get your business moving.
You’re not alone. Many fledgling businesses in the Midlands encounter difficulties in finding required levels of investment. A significant number are unable to obtain any finance at all – that number is even higher for micro-businesses with under 9 people.
Our Small Business Loan option is designed for micro businesses and SMEs needing debt finance for a wide range of purposes including filling gaps in working capital, funding expansion projects, leasing commercial premises and asset acquisitions
If your business is located in the Midlands and you are looking to scale up, please contact the team on 01905 677888 or email info@worcestershiregrowthhub.co.uk
For more information please visit the Midlands Engine Investment Fund website.