Finding the right investment at the right time can make or break your growing business. Which is why we believe it is important to connect your business to the best support suited to your business needs and ambitions. To find out more about funding for businesses in the South East Midlands, look at the resources mentioned below.
If you're looking for finance and funding options for your business, the best place to start is by contacting SEMLEP’s Growth Hub. They can advise and direct you to appropriate options to meet your specific needs.
The Midlands Engine Investment Fund (MEIF), established by the British Business Bank, aims to support fast-growth businesses looking to expand into new markets and boost productivity, supporting job creation.
The £250million MEIF is the result of collaboration between the British Business Bank, the Department for Business, Energy and Industrial Strategy (BEIS), the Ministry of Housing, Communities and Local Government (MHCLG) and 10 local enterprise partnerships, including SEMLEP. It brings together new and existing funding from Central Government, the European Regional Development Fund (ERDF), British Business Bank and European Investment Bank (EIB).
Finance options available via the MEIF include:
For more information about the fund, visit www.meif.co.uk
SEMLEP’s Growth Hubs work directly with the British Business Bank to offer free investment-readiness workshops for businesses looking to get finance. These workshops cover the wide spectrum of finance offers available for SMEs. For more information on these or to sign up, contact the Velocity Growth Hub team on 01234 436 123 or email enquiries@velocitygrowthhub.com
Innovate UK hosts the innovation funding opportunities for businesses, research institutions and consortia.
You can search for all open funding opportunities here: https://apply-for-innovation-funding.service.gov.uk/competition/search
For more information on innovation funding availability, and the application process, visit: https://www.gov.uk/guidance/innovation-apply-for-a-funding-award
Projects available across the South East Midlands that support SME growth and competitiveness.
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