Two East Mids firms receive Midlands Engine fund cash

(L-R) Nick Pulley, SOB chair, Ajay Naik, director Echo Factory, Neil Millington, head of investments, ELEM
The Midlands Engine Investment Fund (MEIF) has made its first loans, with two East Midlands companies bagging cash. The MEIF is delivered by the British Business Bank and the Fund is investing £120m of debt finance and small business loans to eligible firms. This initial tranche of funding is part of a wider £250m of resource targeted towards the region’s start-ups, scale-ups and SME community. The two East Midlands companies receiving finance are based in Leicester and Nottingham Leicester-based BCME, owner of specialist... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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