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Birmingham Post
Birmingham Post
Business
Tom Pegden

Fresh £400m Midlands Engine Investment Fund set for 2024 launch

Midlands Engine Investment Fund Midlands MEIF the British Business Bank

A £400 million investment fund to support Midlands SMEs is set to launch next year.

The Midlands Engine Investment Fund II (MEIF II) will be delivered by the British Business Bank, and will bring the total it invested in the region since 2017 to more than £700 million.

The support is part of the new Nations and Regions Investment Funds, launched by the British Business Bank, to drive sustainable economic growth and take investment outside the capital through debt and equity funds.

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