To apply to the Fund, the business must*:
Be an SME established as a limited company.
Have a material part of its operations based in the Midlands.
Have a viable business plan and compelling commercial potential.
Funds can be used for expansion-related activities that will deliver substantial growth impact within the Midlands region, including:
- Sales & marketing activity, Hiring new staff, New product development, Exporting Abroad, Purchasing New Equipment, Entering new markets
*Other eligibility conditions exist, reflective of the requirements of the Fund stakeholders. In particular, restrictions apply which prohibit support to a business defined as “undertaking in difficulty” Please speak with a Fund Manager who will be able to guide you as to any eligibility factors which may affect our ability to consider loan support.