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Whether you are an entrepreneur wishing to start your own business, or an early stage or more established small business looking to grow you may find it difficult obtaining the finance you need.
Smaller loans can be used to fill the funding gap for growth and development projects.
How to apply
- Go to the fund manager’s website by clicking the box below.
- Make an enquiry directly to the fund manager.
- The fund manager will contact you to talk through your funding requirement.
- The fund manager may ask for more information and a formal application or pitch deck.
- The fund manager will evaluate your application and make the investment decision.
Have a question? Read our Frequently Asked Questions.
Funds Available
Smaller Loans, £25,000 - £100,000 (West Midlands)
BCRS Website Smaller Loans, £25,000 - £100,000 (East and South East Midlands)
First Enterprise Loans WebsiteLatest 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.
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