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#ICYMI: We are moving!📦
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"Hitting this milestone underlines the success that the Midlands Engine Investment Fund has had in backing ambitious SMEs across the region..."
The debt and equity funding options offered by the #MEIF have benefitted 696 SMEs across the #Midlands
➡️ https://t.co/6tcRfaYPJg
#MEIF’s investment so far has unlocked £372m in additional private sector funding, creating a positive impact on the region’s economic development with the manufacturing sector receiving investments worth £56m.
Read more here ➡️ https://t.co/6tcRfaYPJg
Midlands Engine Investment Fund (MEIF) has surpassed the £250 million milestone in direct investment in the region since its launch in 2017.
#MEIF has made 1,037 investments into the regions SMEs fuelling growth and innovation.
Want to know more? ➡️ https://t.co/6tcRfaYPJg
We're moving!📦
Midlands Engine Investment Fund has always been delivered by the British Business Bank to support smaller businesses in the region
From 3 January, our page will be inactive. Follow @BritishBBank and our LinkedIn page to stay up to date 👉 https://t.co/i6teAOU4Z6
🗣 Following the success of the existing @MidsEngInv, a £400m Midlands Engine Investment Fund II is launching in the new year to support the growth of SMEs across the #Midlands.
🔗 Read more here: https://t.co/jOuyTUxQyi
🗣Looking back on some of the #MEIF deal highlights - health-tech software company @BlueSkeyeAI secured £3.4m in funding for its technology to support early diagnosis of mental health issues.
🔗Read more here: https://t.co/ITlsy3j93L
@D2N2LEP | @ForesightGroup | @MichelValstar
Based in Worcester, @OLPRO, a camping and outdoor leisure brand secured £1 million investment from the #MEIF with plans to establish its presence in the UK camping market.
⬇️ Click on the link to read about the brand and what it has to offer.
🔗 https://t.co/Gz7RkO19Hv
🏘In 2022 the #MEIF invested £275k in a proptech firm COHO to create an 'Airbnb for house shares'.
The funding helped the Worcester-based company to expand and create new jobs.
Read more here ➡️ https://t.co/TTYZJYBjXd
Another deal highlight from 2022, @PBDBiotech secured investment from the #MEIF. The funding supported its test for bovine TB and has gained strong commercial interest.
Click the link to read more: https://t.co/pObDeTkaWA
@PBDBiotech | @d2n2lep | @Mercia_PLC
🗣Birmingham based green water treatment company @i_phyc, secured £2.3m in #MEIF funding last year. This allowed the company to accelerate growth, enhance technology and create jobs.
Read more here ➡️ https://t.co/Nsz4g4HBNb
@WeAreFulfilment, a Nottingham based storage facility company secured £700k from the #MEIF.
🚛 The company connects e-commerce businesses’ sales channels to a warehouse management system - ensuring businesses can receive and ship customer orders on time.
https://t.co/TXKneeiCNf
As we continue with a look back on MEIF's investment ➡️ @texturejet, an advanced engineering tooling platform and a spin-out from the @UniofNottingham received £400K from the #MEIF to help the business develop patented surface texturing machines.
🔗 https://t.co/PfUpNBvdlO
Birmingham based award winning Afro hair care solutions company, @Nylah_uk, secured £530k from the MEIF.
The funding secured will help the business to continue to grow and establish itself in international markets.
🔗 Read more here: https://t.co/wHnEusPwG1
💻 @workbuzzd, an employee engagement platform from Milton Keynes secured £6.2m follow on funding to pursue international expansion and deliver new innovations led by @YFMEP, @Mercia_PLC and @ForesightGroup, along with the #MEIF.
🔗 Read more here: https://t.co/QrrPiSEsYA
Wolverhampton-based student review platform, @StudentCrowd raised £2.5m from the #MEIF and @Mercia_PLC to enhance its platform and expand to cover other student services.
🔗 Read more here: https://t.co/FRMgJ7yemx