British Business Bank Midlands

📣 Calling business advisors, accountants, bankers, lawyers, and the wider small business support community in the Midlands. Join our upcoming roadshow event to find out more about our Midlands Engine Investment Fund II and how it can benift smaller businesses. 📍Chesterfield, 27 Nov | Book your spot: https://bit.ly/48oWnvc

➡️ Warwickshire based music company, Totally RAD Music has secured a £100k investment from our Midlands Engine Investment Fund II. 💪🏻The investment will support the development of Totally RAD’s new online platform and enable the company to expand its services to adult learners at all skill levels, from beginners to experienced musicians. 🌟Totally RAD currently employs eight staff at its headquarters in Leamington and expects to create five new jobs in the year ahead. 🔗 Read more here: https://bit.ly/48BYLPA #Investment #Midlands #FundingNews

A two-time breast cancer survivor Alexandra Perry found it difficult to find attractive post-surgery bras after her operations and she realised she wasn't the only one. With a Start Up Loan from First Enterprise - Enterprise Loans, she started H.E.R Bodywear to bring post-surgery bras that are medically approved and designed to enhance women's confidence to the market. "Since I founded my business I have received tremendous support and have been able to share my story across multiple platforms. To be chosen as the Ambassador for the East Midlands as an example as a success from the Start Up Loans programme is flattering - I am excited to see what’s next for my business," says Alexandra.

Laura Suominen, the founder of Ikigai, an eco-conscious and Japanese-inspired homeware store is one of our Start Up Loans’ 2024 Ambassadors ✨ Laura Suominen took a leap to pursue her passion for Japanese culture and opened a homeware store Ikigai, which means ‘finding true passion and joy’. Running a business has been just that for her 💪 With a Start Up Loan from BizBritain she bought a company vehicle, developed a new website and further increased the inventory of items for the store. Laura is keen to showcase the great work that can be achieved from a business idea and the support available to help make it a reality See less

Have you seen our #NationsAndRegions24 Tracker yet? Download below for the latest insights into small business finance across the UK 👇

➡️ Leicester-based adhesive tape manufacturer has secured £500k funding for future plans from Midlands Engine Investment Fund II and continues to grow in the UK and across parts of Europe. 👥This funding will provide Advance Tapes International Ltd with additional working capital, enable expansion into new sectors and create new jobs at its manufacturing facilities in the region. 🔗 Click on the link for more: https://bit.ly/4f9uni4 #Investment #Midlands #FundingNews

📣 Calling business advisors, accountants, bankers, lawyers, and the wider small business support community in the Midlands. Join our upcoming roadshow event to find out more about our Midlands Engine Investment Fund II and how it can benift smaller businesses. 📍Chesterfield, 27 Nov | Book your spot: https://bit.ly/48oWnvc

➡️Birmingham based recruitment agency, Freedom Recruitment Capital has secured a £50k investment from our Midlands Engine Investment Fund II. 💪🏻With this boost, Freedom Recruitment Capital, which empowers experienced recruiters to launch their own businesses, will expand its team and continue supporting more businesses in the years ahead. 🌟 Currently, they’re backing 35+ start-up agencies. This new funding will help bring on board a dedicated Client Onboarding Manager and a Graphic Designer to enhance their services. #Investment #Midlands #FundingNews

📢 Laura Suominen, the founder of Ikigai, an eco-conscious and Japanese-inspired homeware store, has been announced alongside 14 other businesses as the Start Up Loans’ 2024 Ambassadors. Finance from Start Up Loans helped her to purchase a company vehicle, develop a new website and further increase the inventory of items for the store; Laura is keen to showcase the great work that can be achieved from a business idea and the support available to help make it a reality.

📣 Use of external finance in the Midlands increased in 2023, but businesses remain cautiously optimistic on the economy. 📑 Hot off the press, our latest #NationsAndRegions24 Tracker shows: 💸 Smaller businesses in the Midlands used external finance more than the UK average 💰 External finance use rose to 48% in the East Midlands and to 49% in the West Midlands 💳 20% of smaller businesses in the East Midlands used credit cards vs 17% UK-wide 🏦 Bank overdrafts were the most popular type of finance in the West Midlands with 16% of the smaller businesses using them Download the full report for more insights here: https://lnkd.in/d4pYBSC8