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Foresight MEIF Equity Finance

As appointed Fund Manager to the Midlands Engine Investment Fund (MEIF), we are offering equity investments of up to £2 million to growing small and medium-sized enterprises (SMEs), predominantly in the East and South East Midlands. 

We are responsible for helping to realise the region’s potential - achieving economic growth and job creation through enterprise. Initial capital of £35 million is available for investment over five years.

£35m available

£35m is available for investment over the next 5 years.

SME status

Funding is available for small and medium sized enterprises.

Up to £2 million per investment

Up to £2m equity investment is available per SME.

What is the Midlands Engine Investment Fund (MEIF)?

MEIF is funded by the European Regional Development Fund, European Investment Bank, UK government and Local Enterprise Partnerships. The initiative has been launched by the government-owned British Business Bank, in collaboration with ten LEPs in the Midlands.

MEIF will provide a total of over £250 million of equity and loans to boost small and medium business growth in the Midlands. It is a key part of the government’s vision aimed at boosting the region’s economy and supporting the growth of smaller businesses.

MEIF’s funding will support new and growing SMEs, create jobs and encourage and attract additional private sector investment.

Combining the LEPs’ knowledge of local businesses and economic conditions with the experience and resources of the British Business Bank, MEIF’s funding will support new and growing SMEs, create jobs and encourage and attract additional private sector investment.

Through the MEIF allocation, we are seeking to back high-quality management teams in differentiated businesses with ambition to grow and, ultimately, realise value for all shareholders.

What type of Companies are eligible?

Exciting growth companies
Fewer than 250 staff members and less than €50m revenue or €43m balance sheet

SMEs
Less than 7 years old or entering new markets

Material presence in region

Strong management teams 
With backable business plans

Potential for shareholder value growth

Sustainable employment growth

Launching new products and services

Potential to co-invest

Clear and realistic exit strategy

Click here to learn more about the MEIF team

The four local enterprise partnerships (LEPs) we are working across 

Derby, Derbyshire, Nottingham and Nottinghamshire 
(D2N2 LEP)

Greater Lincolnshire (Greater Lincolnshire LEP

Leicester and Leicestershire (The Leicester and Leicestershire Enterprise Partnership)

South East Midlands (SEMLEP)

 

 

Click here to view our MEIF portfolio of investments

Learn more about the MEIF team Click here

Submit a MEIF application or enquiry form