Want to get more information on Nations and Regions Investment Funds?
Register for our newsletter and get the latest updates on our Nations and Regions Investment funds.
Register for our newsletterOpen for applications
The Midlands Engine Investment Fund II will deliver £400 million of new funding to small and medium-sized businesses across the Midlands.
The fund aims to build on the success of the first Midlands Engine Investment Fund and will drive sustainable economic growth by supporting innovation and creating opportunities for new and growing businesses in the Midlands.
The Midlands Engine Investment Fund II offers a range of commercial finance options with debt finance from £25,000 to £2 million and equity investment up to £5 million. The fund covers the whole of Midlands, including the West Midlands, East Midlands and South East Midlands.
The Midlands Engine Investment Fund II is increasing the supply and diversity of early-stage finance for smaller businesses across the Midlands, providing funds to businesses that might otherwise not receive investment and helping to break down barriers in access to finance
The new fund has embedded Enivronmental, Social and Governance (ESG) awareness into its design and will help support the UK economy’s transition to net zero
Funds Available
Have a question? Read our Frequently Asked Questions.
Latest News from the Midlands Engine Investment Fund II
Press release
Press release
Midlands Engine Investment Fund II in the news
Share of more than £100m awarded to Black Country businesses following fund launch
05 March 2026
More than £100 million has been awarded to over 200 businesses across the Black Country region since the launch of the Midlands Engine Investment Fund (MEIF) 2 years ago. The fund, which is owned and operated by the Government's British Business Bank, has so far directly invested more than £65 million into Midlands businesses, alongside an additional £38.6 million from the private sector.
Learn more Share of more than £100m awarded to Black Country businesses following fund launchLoan secures recipe for growth
February 2026
Shrewsbury-based dog food company Different Dog, which is creating a new state-of-the-art kitchen with the help of a £1.5m MEIF II loan from fund manager Frontier Development Capital. The loan is one of the largest to date from the Midlands Engine Investment Fund II and has been made through appointed fund manager, Frontier Development Capital. It will enable Different Dog founders Charlie and Alex Thurstan to create a new state-of-the-art kitchen to meet growing demand.
Learn more Loan secures recipe for growthNottingham spin-out behind Tourette’s therapy wristband completes £3m funding round
17 February 2026
Nottingham based spin-out Neupulse, a neurotherapeutics company delivering innovative solutions to people with brain health conditions, like Tourette Syndrome, has announced it has successfully raised £3m in new funding. The round was led by Eos Advisory and the Midlands Engine Investment Fund II. The funding will accelerate Neupulse’s path to market and supporting product development.
Learn more Nottingham spin-out behind Tourette’s therapy wristband completes £3m funding roundMidlands Engine Investment Fund II Case Studies
Evolve
Evolve vehicle repair company secures loan from Midlands Engine Investment Fund II to support business growth
Knit Nottingham
Independent yarn shop, Knit Nottingham, received a £60,000 smaller loan from appointed fund manager, First Enterprise - Enterprise Loans, to help with the purchase of the business from the previous owner.
True Position Robotics
Nottingham-based True Position Robotics (TPR) raises £1 million equity investment. The equity investment received through the Midlands Engine Investment Fund II and managed by Mercia Ventures will enable the business to scale up operations and continue its research and development.
Related articles
The importance of an effective communications strategy
Read article The importance of an effective communications strategy
What is Foreign Exchange risk?
Read article What is Foreign Exchange risk?
Help with the Apprenticeship Levy and Employment Allowance
Read article Help with the Apprenticeship Levy and Employment Allowance
Sign up for our newsletter
Just add your details to receive updates and news from the British Business Bank
Sign up to our newsletter