Is Midlands Engine Investment Fund II (MEIF II) open for applications?

Yes. It is open for applications, with no fixed deadline.

How much is Midlands Engine Investment Fund II (MEIF II) worth?

£25,000 to £2,000,000. It is a loan (repayable), and the funder decides what each applicant receives.

Who runs Midlands Engine Investment Fund II (MEIF II), and where is it available?

British Business Bank, through appointed fund managers runs it. It is available in England (East and West Midlands).

Open nowRegional grantVerified 9 Nov 2026

Midlands Engine Investment Fund II (MEIF II)

British Business Bank, through appointed fund managers

Check if you qualifyFree to check · no sign-up · full report £19.95

Worth

£25,000 to £2,000,000

Loan (repayable)

Deadline

Rolling - no fixed deadline

Type of funding

Loan (repayable)

Where

England (East and West Midlands)

What it is

Commercial finance, not a grant: loans you repay (£25,000 to £2 million) or equity investment where you sell shares (up to £5 million), for smaller businesses in the Midlands (West Midlands and East Midlands). You deal directly with a fund manager, who makes the decision.

Checked 9 Nov 2026 on british-business-bank.co.uk: open for applications. Loans of £25,000 to £2 million and equity up to £5 million (£400m fund); you must be headquartered in the area or have a significant operating presence there, and you apply direct to the fund manager.

Official source

Who can apply

A summary of the main rules, not the full list. British Business Bank, through appointed fund managers decides who is eligible, so read their guidance before you apply. The free scan checks these against your own business.

Business based in England
Business in the Midlands (West Midlands and East Midlands)
A small or medium-sized business

Read the full rules at the official source

Common questions

Is Midlands Engine Investment Fund II (MEIF II) open for applications?: Yes. It is open for applications, with no fixed deadline.
How much is Midlands Engine Investment Fund II (MEIF II) worth?: £25,000 to £2,000,000. It is a loan (repayable), and the funder decides what each applicant receives.
Who runs Midlands Engine Investment Fund II (MEIF II), and where is it available?: British Business Bank, through appointed fund managers runs it. It is available in England (East and West Midlands).

Does your business qualify?

Eligibility rules are where schemes get fiddly. Gov Owed checks your business against Midlands Engine Investment Fund II (MEIF II) — and every other UK scheme we track — in about two minutes, free. The £19.95 report then explains exactly why you qualify, drafts your answers and walks you through the real application step by step.

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Information, not financial advice; eligibility is decided by the funder. Contains public sector information licensed under the Open Government Licence v3.0. Schemes change — confirm details on the official page before applying.