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About MEIF

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About MEIF

The Midlands Engine Investment Fund (MEIF)

Supported by the European Regional Development Fund, is an initiative launched by the government-owned British Business Bank.

It is a key part of the government's vision aimed at boosting the region's economy and supporting the growth of smaller businesses between 2017 and 2022.

The government firmly believes that SMEs form the foundation of the region's future growth. MEIF therefore aims to nurture regional entrepreneurship by providing investment and support for small businesses between 2017 and 2022. MEIF's funding will support new and growing SMEs, create jobs and encourage and attract additional private sector investment.

We offer four different funding options to help your business grow. These investment options are designed to plug common gaps in the provision of finance, giving your business access to the funding it needs.

About MEIF

How does the funding work?

MEIF funding is drawn from several sources including the UK Government, the European Investment Bank, the British Business Bank and the European Regional Development Fund and the 9 LEPs that are part of the Midlands Engine, plus the South East Midlands LEP.

MEIF has appointed Fund Managers who are responsible for evaluating applications and allocating funds to businesses. Their work is complemented by dedicated MEIF staff who work with local business support providers in the LEP areas, including Growth Hubs.

If you are based in the North and looking for finance, you can apply for funding via NPIF.

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The #MEIF has made over 403 investments since launch, providing £81m, with £55m private sector leverage, to businesses across the Midlands.

Hear more about the fund's impact below: https://t.co/e6iMThE2vx

Ever wondered what a day in the life of an investor is like?

Hear from our #MEIF fund managers below as they reveal what it is like supporting Midlands' businesses through the funding process.

https://t.co/heTNzAFSej

The #MEIF Quick Reference Guide provides an overview of the various types of finance available through the fund and their suitability for businesses.

Download it here: https://t.co/RngOaJw0eV https://t.co/OMsjwJ9phB
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#MEIF Small Business Loans are well suited to entrepreneurs, early stage start-ups or established SMEs looking to grow.

Funding can be used to boost working capital, fund product development or purchase new equipment.

Find out more: https://t.co/9lrCRyWaqe https://t.co/LkPuDqDKKe
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Birmingham-based 9 Wholesale secured a £150k funding boost from #MEIF and @B_C_R_S to support its cashflow and create three new jobs.

Read the full story in @insiderwestmids: https://t.co/WRvFk7S8nn https://t.co/Ogxorvz7tn
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Just add your details below to receive the latest Midlands Engine Investment Fund news and information