£90 million growth fund event
Finance Birmingham is holding a special event on Thursday 3 July to show firms how they can access growth funds worth a total of £90 million
The event at the ICC, aimed at small to medium sized enterprises, will outline the various funds available and provide practical advice and guidance on how they can be accessed.
Sue Summers, chief executive of Finance Birmingham, which is based in Baskerville House, said: “Businesses with real market opportunity to grow are often hamstrung by a lack of finance.
“We are looking to help these businesses with flexible funding solutions, delivered quickly to support their growth.”
One of the funds that will be detailed at the event is the recently launched £56 million Mezzanine Fund developed by Finance Birmingham in collaboration with the Greater Birmingham & Solihull Local Enterprise Partnership (GBSLEP), the Black Country LEP and the West Midlands Pensions Fund.
This Mezzanine fund is expected to help more than 40 businesses to create or safeguard 5,000 jobs across the region over the next five years. Typical investments are around £1million.
Businesses are invited to attend either breakfast or lunchtime sessions on 3 July, where an overview of the funds available and their criteria will be given followed by one-to-one meetings with the Finance Birmingham team to discuss applications.
Business support services will also be available from Marketing Birmingham’s SME Fast-Track service, Greater Birmingham Chamber of Commerce and Aston Reinvestment Trust.
Register for the event at www.financebirmingham.com.