Facebook - Birmingham Business Twitter - Birmingham Business Instagram - Birmingham Business
http://www.kangandco.co.uk http://www.fbcmb.co.uk

Midlands Growth Fund reaches £50 million milestone

The £370 million Barclays Growth Fund has reached its first milestone after supporting investment of £50 million in the region’s businesses, a year after the fund was launched.

The fund was established to support small and medium-sized businesses across the East and West Midlands to boost jobs and economic growth and followed on from the £250m Midlands Engine Investment Fund (MEIF) – a collaboration between British Business Bank and the region’s ten Local Enterprise Partnerships.

The fund so far has offered support to over 80 businesses ranging from a variety of sectors and geographical locations across the Midlands region.

Ray O’Donoghue, Managing Director for Barclays in the Midlands said: “As a bank with Midlands roots stretching back over two centuries, Barclays is wholeheartedly committed to the success of this region.

"The Midlands Growth Fund has already helped a number of diverse businesses across the East and West Midlands invest in jobs and growth and we look forward to working with more of our clients and contributing to the further success of this region.”

Sir John Peace, Chairman of the Midlands Engine, said: “The Midlands Engine is all about unlocking the significant potential that exists in our region. This commitment from Barclays has already helped a number of Midlands businesses to grow, and I would urge other companies who are considering their growth plans, to look at the support that is available to them. Barclays is to be congratulated for the work they have done with this fund, contributing to the economic success of our region.”

Barclays has a network of 320 relationship colleagues in the Midlands, with expertise in their local markets and industry sectors, who are on hand to help businesses to grow.

The fund will be available for four further years demonstrating Barclays long-term commitment and matching the term of the Midlands Engine Investment Fund.

http:///www.artbusinessloans.co.uk

Multi-million pound business support boost

Finance will unlock potential of SME manufacturers

10th May 2019

Firm's fearless approach secures win

PR agency named as a "stand out winner"

11th July 2019

The changing face of our hospitality industry

Why Birmingham is set to benefit from the staycationing boom

23rd May 2019

New Barclays branch opens in Birmingham

Flagship base for the west side of city centre

23rd July 2019

Midlands businessman wins top award

Managing director is named Director of the Year

27th June 2019

Funding leads to practice expansion

GP surgery will take on more patients and create new jobs

3rd April 2019

Trust secures refurbishment funding

Almshouses will be renovated thanks to financial backing

24th April 2019

Businesses back Smart Works charity

First fundraising lunch is huge success

18th February 2019

Solutions to housing shortage on display

West Midlands Mayor takes a closer look at factory-built homes

13th June 2019

National fund manager relocates its HQ

Move to Birmingham's business district follows high-profile deals

12th July 2019

HS2 unveils new driverless 'people mover'

Design role for Solihull's Urban Growth Company

17th July 2019

Midlands businesses raise over £30,000 for charity

Donation will go to support facility for young adults with learning difficulties

11th April 2019

Lawyer gets skates on for charity

Legal expert took to the ice at popular event

7th August 2019

Fast-growing firm expands its Midlands office

Construction and interiors division grows from seven staff to 60

22nd July 2019

£140m city office sale is sealed

Deal is largest in the region this year

4th June 2019