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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
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Latest News from the Midlands Engine Investment Fund II
Press release
Press release
Press release
Midlands Engine Investment Fund II Success Stories
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.
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