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MEIF unveils £40m fund for small businesses

January 28th 2020

by Creative Quarter

Small businesses across the Midlands could be set to receive a significant funding boost after the Midlands Engine Investment Fund (MEIF) appointed a new fund manager to address regional demand for alternative debt finance options.

Invest News

“'Since launch, the MEIF has committed to improving the regional finance landscape for small businesses. We have made strong progress, providing over 225 businesses with finance and helping them achieve new growth. Adding a new fund manager will help us continue delivering on this mission as we help to support driving the Midlands Engine forward.'”

Patrick Magee - Chief Commercial Officer, British Business Bank

“We are delighted to be appointed fund manager for this new £40 million debt fund and join the existing fund managers in providing alternative finance options from the MEIF. The FSE Group has been funding and supporting growth SMEs for over 15 years and we look forward to bringing our characteristic flexible more-than-money approach to the Midlands region.”

Robert Spencer, executive chairman at The FSE Group

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