British Business Bank Midlands Engine Investment Fund II
The Midlands Engine Investment Fund II will deliver £400 million of new funding to small and medium-sized businesses across the Midlands.
Key facts
- Funding amount
- Loans of £25k-£2m, equity finance up to £5m
- Deadline
- Rolling – no fixed deadline
- Region
- East Midlands, West Midlands
- Business type
- Small businesses & SMEs
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Plain English summary
This fund provides a significant £400 million of new funding for small and medium-sized businesses across the Midlands. It offers a mix of loans from £25,000 to £2 million and equity finance up to £5 million, aiming to support growth, innovation, and help businesses transition to net zero. Applications are open all year round for businesses in the East and West Midlands.
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Who this is best for
- Small businesses & SMEs
- Organisations based in East Midlands, West Midlands
- Projects aligned with innovation funding
- Teams seeking funding around Loans of £25k-£2m, equity finance up to £5m
Who should not apply
- Individuals applying in a personal capacity (unless explicitly permitted)
- Organisations based outside East Midlands, West Midlands
- Large enterprises above SME thresholds
- Applicants who cannot meet the official eligibility criteria below
Eligibility checklist
Tick what applies to your organisation before applying.
- Small and medium-sized businesses across the Midlands with growth potential or ambitious plans.
Official source
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