Investment & Business Funding
The British Business Bank is 100% Government owned, but independently managed. It brings expertise and Government money to the smaller business finance markets. They don’t lend or invest directly. Instead they work with over 100 partners such as banks, leasing companies, venture capital funds and web-based platforms.
The Midlands Engine Investment Fund (MEIF), supported by the the European Regional Development Fund, provides commercially focussed finance through Small Business Loans, Debt Finance, Proof of Concept and Equity Finance Funds.
MEIF is a collaboration between the British Business Bank and ten Local Enterprise Partnerships (LEPs) in the West Midlands and South East Midlands. They provide over £250m of investment to boost small and medium business (SME) growth in the Midlands.