Fuel your potential

The Midlands is home to an ever-increasing number of high-growth startups and small businesses, particularly tech talent.

Spanning across Birmingham and Coventry to Nottingham and Stoke-on-Trent, more and more founders are choosing the Midlands as the home for their business.

With so much promising talent in the region, it’s no wonder that investors are putting more focus into the Midlands. This is also reflected by the government’s decision to implement an investment fund of over £400m into the Midlands Engine Investment Fund II(MEIF II).

Why the Midlands is ideal for founders

Unmatched business growth:

  • The Midland’s central location provides start-ups with easy access to both the North and South markets.
  • The region also boasts a growing tech ecosystem, strong talent pool and a great support infrastructure.

Midlands Engine Investment Fund (MEIF): Driving success

  • The Midlands Engine Investment Fund (MEIF) is a collaboration between the British Business Bank and ten Local Enterprise Partnerships (LEPs). It covers the West Midlands and East and South East Midlands,offering:
    • Debt finance: Supporting growth through larger funding options.
    • Equity finance: Enabling companies to scale through strategic investment.

MEIF II - Equity Finance East and South East Midlands

Supporting innovative enterprises within the East Midlands, equity finance is available of up to £5million. Visit Mercia Ventures to find out more and apply.

MEIF II - Equity Finance West Midlands

Available to transformative businesses within the West Midlands, equity finance is available of up to £5million. Visit Mercia Ventures to find out more and apply.

MEIF II - Debt Finance West Midlands

Businesses in the West Midlands that can demonstrate growth potential are able to secure loans from £100,000 right up to £2million with MEIF II Debt Finance. Find out more and apply here.

Mercia Ventures awarded MEIF II – East and South East Midlands

The Midlands Engine Investment Fund (MEIF) II is a collaboration between the British Business Bank and ten Local Enterprise Partnerships (LEPs) in the West Midlands and East and South East Midlands.

MEIF provides commercially focussed finance through Small Business Loans, Debt Finance, Proof of concept and Equity Finance funds. Since launching in 2017, MEIF has invested over £400m of direct and private sector co-investment to growing companies across the Midlands.

Meet the team that champion the Midland's founders

At the heart of the Midland’s entrepreneurial ecosystem is a dedicated team of experts supporting businesses through every stage of their journey. From investment directors to managing directors, our team is here to ensure your success.

Our team

Funding, loans and grants for start-ups

Accessing the right funding is critical to any founder’s journey. In the Midlands, there are a wealth of grants, loans and funding opportunities designed to:

  • Manage cashflow during early-stage growth.
  • Help founders build skilled teams.
  • Support innovation and business development.

Explore the options:

  • Government grants: Non-repayable funds for eligible projects.
  • Start up loans: Low-interest loans to help kickstart your business.
  • Private investment funds: Strategic funding with mentorship opportunities.

 

Accelerators, incubators and other support

From providing a working space to connecting you to investors, accelerators and incubators offer a plethora of support for startups and early-stage businesses. In return, they tend to ask for an equity stake in your business.

 

Success stories

See all posts
MEIF - Proof of Concept | 13th March, 2025
Biotech secures further funding for ‘3D lung’ to replace animal testing
MEIF - Proof of Concept | 25th February, 2025
Sales platform raises further £1.5m for international expansion
MEIF - Proof of Concept | 30th July, 2024
Energy giants lead £5m investment in ‘smart monitoring’ firm
MEIF - Proof of Concept | 3rd July, 2024
Cargo bike delivery firm set to triple turnover after £4m investment
MEIF - Proof of Concept | 15th April, 2024
Why we invested: IsomAb
MEIF - Proof of Concept | 28th March, 2024
‘Virtual venues’ aim to put Midlands on global map as events destination
MEIF - Proof of Concept | 13th March, 2024
Why we invested: Graide
MEIF - Proof of Concept | 28th February, 2024
Exam marking platform raises £1.6m to target US growth
MEIF - Proof of Concept | 22nd February, 2024
Tagomics raises £6.7m to improve disease diagnosis
MEIF - Proof of Concept | 21st February, 2024
Spin-out raises £7.5m for novel treatment for blocked arteries
MEIF - Proof of Concept | 23rd January, 2024
Worktech specialist raises £1.5m for employee experience platform
MEIF - Proof of Concept | 10th January, 2024
Why we invested: ImmuONE
MEIF - Proof of Concept | 26th October, 2023
Scientists raise £2m for ‘3d lung’ to replace animal testing
MEIF - Proof of Concept | 26th September, 2023
Student review platform raises £2.5m
MEIF - Proof of Concept | 28th July, 2023
Events platform raises a further £1.5m
MEIF - Proof of Concept | 22nd June, 2023
Employee engagement platform raises £6.2m for global growth
MEIF - Proof of Concept | 15th June, 2023
Award-winning sales platform raises £2.25m after doubling revenue
MEIF - Proof of Concept | 18th May, 2023
HRtech that helps firms benchmark against competitors raises £1.4m
MEIF - Proof of Concept | 20th March, 2023
Cargo bike delivery firm raises £5m for UK roll-out
MEIF - Proof of Concept | 9th March, 2023
Biotech firm with product to help heal eye conditions raises £1m

Ready to launch or scale your business?

The North West offers everything you need to succeed: an unrivalled network of support, substantial funding opportunities and a collaborative entrepreneurial spirit. Start your journey today and be part of the region’s incredible growth story.