A collaboration between the British Business Bank and 10 Local Enterprise Partnerships, including SEMLEP, MEIF provides over £250m of investment to boost small and medium business growth in the area.
The current finance programme available – a £120million fund – is composed of two separate lots: £30million of small business loans valued between £25,000 and £150,000, as well as £90million of debt finance of between £100,000 and £1.5million. MEIF is part-funded by European Regional Development Fund.
Who can benefit?
Small & Medium sized businesses
How can I benefit?