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.

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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Have an innovative business idea but unsure how to get started? #MEIF Proof-of-Concept funding can help get an idea off the ground. Start the journey to realising your business dream here - https://t.co/cHasGF5wnd https://t.co/0srq3qeMvc MidsEngInv photo

Last year, the #MEIF celebrated its £50 million investment milestone after helping over 150 businesses secure the finance they needed to grow. Now with over 280 investments made - find out how you could use #MEIF investment to expand your business here - https://t.co/WeQKRS6ZcB https://t.co/l8V8r7UMeh MidsEngInv photo

Whether you are just starting out or are an established business owner, the @BritishBBank’s Business Finance Guide is a key tool for assessing which finance type is right for your business needs. Download it here - https://t.co/guhUslg4wu https://t.co/hEsxqjldWN MidsEngInv photo

Our newest fund manager @FinanceSE will deliver a £40 million debt fund with the capability to invest between £100k and £1.5 million in ambitious businesses based across the Midlands. Read more here - https://t.co/3MeyslaD1z https://t.co/3V3DRGjVXz MidsEngInv photo

Unsure about which funding type is right for your business? The #MEIF offers four different types of finance ranging from £25k to £2 million. For more information about each type and which is best-suited for your #GrowthPlans, visit our funding page - https://t.co/R1yvnMhmVM https://t.co/NSU4D0OOG1 MidsEngInv photo

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