Midlands Engine Investment Fund
The MEIF provides commercially-focused finance through Small Business Loans, Debt Finance, Proof of Concept and Equity Finance funds.
MEIF is a collaboration between the British Business Bank and 10 Local Enterprise Partnerships including SEMLEP to provide over £250m of investment to boost small and medium business growth in the area.
The current finance programme available – a £120million fund – is composed of two separate lots: £30million of small business loans valued between £25,000 and £150,000, as well as £90million of debt finance of between £100,000 and £1.5million. MEIF is part-funded by European Regional Development Fund.
- Small Business Loans
- Debt Finance
- Proof of concept
- Equity Finance Funds