What is MEIF?
The Midlands Engine Investment fund is a collaboration between the British Business Bank and 10 Local Enterprise Partner (LEP) areas - this includes D2N2 (Derby, Derbyshire, Nottingham and Nottinghamshire) which covers High Peak. MEIF has been designed to provide greater support to the region's smaller businesses, accelerate economic growth and promote job creation - in line with the Government's Midlands Engine Strategy
How can it help?
- £30million of small (SME) business loans ranging from £25,000 to £150,000;including for start-up firms Further information & how to apply
- £90million of debt finance available from £100,000 to £1.5million.Further information and how to apply
- Equity funding (including proof of concept seed funding)of £50,000 - £2million Further information and apply
For further help and support contact D2N2 Growth Hub business helpline Tel:0333 006 9178