Grants & Finance News - Love Business East Midlands

4th September 2024

Lincolnshire-based brunch café chain secures £25,000 funding to launch fourth location

A vibrant brunch café chain based in Lincolnshire, has secured £25,000 funding from First Enterprise – Enterprise Loans under the British Business Bank's Start Up Loans programme to expand their business with a fourth location under a new brand name, Juni

The East Midlands Cyber Resilience Centre

4th September 2024

Businesses needed to boost routes into careers in growing digital sectors

The Leicester and Leicestershire Careers Hub has secured funding to deliver a two-year project across the region helping to bring new talent to emerging digital sectors.

2nd September 2024

E-commerce fulfilment company raises £2m to meet growing demand

Warehow, a rapidly expanding e-commerce fulfilment company catering to fashion and homeware retailers, has raised £2.1m in a Series A funding round led by the Midlands Engine Investment Fund II through its appointed fund manager Mercia Ventures, with supp

28th August 2024

Ettos, Nottingham-Based Start-Up, Secures Innovate UK Grant for Textile Traceability Platform

Ettos, a local tech start-up based in Nottingham, has secured a prestigious grant from Innovate UK, the UK’s innovation agency, as part of their Creative Catalyst programme.

20th August 2024

£500,000 INVESTMENT FOR MORLEY HAYES

Derbyshire hotel and golf complex, Morley Hayes, has embarked on a £500,000 investment programme to improve facilities for its customers and reinforce its green credentials.

19th August 2024

Wilkins Group presses forward with £3.6m investment

An award-winning packaging firm has invested £3.6m in peak performance equipment, securing its future as the biggest family run company in its sector.

19th August 2024

Multimillion Burton Factory on Track

Pioneering roof tile manufacturer Russell Roof Tiles’ largest ever investment remains on track at its Nicolson Way site in Burton, with the final stage of construction and fit out now underway.

15th August 2024

Bridging the gap: Willington wildlife has got visitors walking in circles for nature

Nestled on the edge of Willington village, a rich wetland habitat that has been quietly reclaimed as a haven for wildlife is now even easier for people to visit and enjoy nature through a new project to make it more connected.

15th August 2024

Nottingham-based digital construction design management company receives £15,000 funding boost for technological expansion

Imajin, a Digital Construction Design Management firm from Nottingham, has secured £15,000 in funding from First Enterprise – Enterprise Loans under the British Business Bank’s Start Up Loans programme.

14th August 2024

Climate tech company Promethean Particles secures £8 million Series A investment to scale-up advanced MOF manufacturing

Promethean Particles, a chemical manufacturing company specialising in metal-organic frameworks (MOFs), has closed a £8m financing round.

8th August 2024

Northern Lincolnshire Environmental Farmers Group gets the backing of leading law firm

The new cooperative for environmentally-minded farmers is now looking for more members

6th August 2024

Start Up Loans passes £150m funding milestone in the Midlands delivering more than 15,000 loans

The British Business Bank’s Start Up Loans programme has announced it has passed a major milestone of £150 million worth of loans delivered in the Midlands region, providing over 6,000 loans to entrepreneurs within the East Midlands.

5th August 2024

Inner City Youth Festival To Grow After Securing Arts Council Funding

The inner city music and arts festival for young people in Nottingham is set to expand after securing standalone funding for the first time in its sixth year history.

29th July 2024

Midlands Engine Investment Fund II commits over £1.3 million in small business loans to East and South East Midlands businesses

The British Business Bank’s Midlands Engine Investment Fund II has agreed over £1.3 million in small business loans through appointed fund manager for the East and South East Midlands First Enterprise – Enterprise Loans.

26th July 2024

Careers Hub awarded £450k to grow successful SEND project

Leicester and Leicestershire Careers Hub has been awarded £450,000 to scale a successful project working with teenagers with special educational needs or disabilities.

26th July 2024

4D Medicine raises £3.4m for unique biomaterial platform

4D Medicine – a Nottingham-based company whose innovative biomaterial has potential to be used for a wide range of 3D printed implants and surgical devices - has raised £3.4m ($4.4m) in a Series A investment.

23rd July 2024

Midlands Engine Investment Fund II announces first major equity deal

The British Business Bank has announced the first deal from the Midlands Engine Investment Fund II, with a £1 million equity investment in True Position Robotics, facilitated by the appointed fund manager for the East and South East Midlands, Mercia Ventu

23rd July 2024

Local business support boosted with launch of Early Stage Angel Investment Fund

‘Early stage’ businesses based in Nottinghamshire and Derbyshire can now pitch to access new funding to support growth.

11th July 2024

BDO advises on international deals as US private equity targets Midlands businesses

Accountancy and business advisory firm BDO LLP has advised on two US-led transactions, highlighting the appetite for quality Midlands businesses by strategic US buyers.

11th July 2024

Smaller businesses in the East Midlands secure £109m in equity investment in 2023

10th July 2024

Metric Search secures multi-million BGF investment to drive US growth

Specialist recruitment company Metric Search has secured a multi-million-pound investment from BGF, one of the largest and most experienced growth capital investors in the UK and Ireland.

10th July 2024

AIM’s Bespoke Provision now funded by the Adult Skills Fund

Thanks to new flexibilities in the government's Adult Skills Fund (ASF) for 2024-2025, non-regulated, tailored learning provision like AIM’s Bespoke offer now qualifies for Adult Skills funding.

1st July 2024

Nottinghamshire cable firm eyes global growth after securing a £340,000 funding deal to acquire manufacturing HQ

A Nottinghamshire-based manufacturer and global supplier of cables and controls is eyeing further growth and safeguarding the future of its locally skilled workforce, after securing a major funding deal to help purchase a £550,000 industrial unit and busi

19th June 2024

East Mids law firm selected for major housing consortium’s relaunched legal panel

Following a competitive tender process, East Midlands law firm Shakespeare Martineau has secured a place on the Communities and Housing Investment Consortium (CHIC) legal services framework.

19th June 2024

East Midlands scale ups attracted more than $36 million in Q1 2024

Innovative businesses in the East Midlands attracted $36 million across 13 deals in venture capital (VC) funding in the first quarter of the year, according to the latest KPMG Private Enterprise Venture Pulse report.

30th May 2024

£8m angel investment fund for early-stage East Midlands companies

The local enterprise partnership for Derby, Derbyshire, Nottingham and Nottinghamshire (D2N2 LEP) has announced the launch of an £8 million investment fund for ‘early-stage’ businesses.

23rd May 2024

D2N2 LEP Chair, Elizabeth Fagan, launches £8m Early Stage Angel Investment Fund at UKREiiF

D2N2 LEP Chair Elizabeth Fagan announced the launch of D2N2 LEP’s Early Stage Angel Investment Fund at the UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) in Leeds yesterday.

21st May 2024

Housebuilder’s multi-million-pound investment helps create thriving communities across East Midlands

An East Midlands housebuilder has pumped more than £3.5million into improving local communities.

18th May 2024

£3.1 million loan to acquire student accommodation site in Nottingham

A £3.1 million loan has been provided to facilitate the acquisition of a 210-studio purpose-built student accommodation site just north of Nottingham City Centre, specialist development finance lender Atelier has today announced.

17th May 2024

Paragon Bank Supports Elevate Property Group with a £21.1m funding facility for the second phase of Derby development

Elevate Property Group has secured a £21.1m funding facility from Paragon Bank to support the second phase of its Silk Yard development in Liversage Street, Derby.

2nd May 2024

High-tech Agricultural Projects Win Government Funding

Two high-tech agricultural businesses in Greater Lincolnshire have been offered funding from a new national £7.5 million pot to support innovation and growth.

29th April 2024

Locate Bio Raises £9.2 Million to Progress LDGraft Clinical Study for Anterior Lumbar Interbody Fusion

Locate Bio, a pioneering orthobiologics company, today announces the successful completion of an oversubscribed £9.2 million funding round from both new investors and existing investors, Mercia Ventures and BGF.

26th April 2024

New competitions to back next wave of AI innovations

Small and medium sized businesses developing AI solutions in high-growth industries including agrifood, construction, transport and logistics, and the creative industries could receive a share of £7 million as two new competitions launch today (Friday 26t

25th April 2024

Nottingham College goes green with £2.6million funding for decarbonisation roll out

Nottingham College has been awarded a significant grant of over £2.6million, in a successful bid to fund decarbonisation and energy efficiency initiatives across its estate over the next two years.

20th April 2024

Base 51 charity receives funding from Global’s Make Some Noise to expand OutBurst, its LGBTQIA+ Youth Club

Base 51, Nottingham’s leading youth charity, is excited to relaunch OutBurst, its LGBTQIA+ youth group, with an expanded service in April 2024.

16th April 2024

Eddisons secures £1.2m funding for Derby schools buildings improvements

Property consultant Eddisons has secured more than £1.2m of funding on behalf of the Odyssey Collaborative Trust, which runs seven primary schools in Derby, to improve buildings across four of its schools in the city.

9th April 2024

New Talent and Innovation Grants on offer to help local businesses take advantage of university expertise and drive innovation

Nottingham-based businesses are being offered the chance to access the wealth of talent and expertise available through the two universities on their doorstep

28th March 2024

Derby-based heart health screening company secures £25,000 funding to launch a new stroke screening service

Your Heart Scan, a Derby-based heart health screening company, has secured £25,000 funding from First Enterprise – Enterprise Loans under the British Business Bank’s Start Up Loans programme to purchase a specialised machine for the launching of a new ser

24th March 2024

Lewisham Council Awarded £132,000 in funding to Combat Air Pollution Near Schools

Lewisham Council has received £132,532 in funding from Round 4 of the Mayor’s Air Quality Fund. This funding will be used to introduce a new Roadvent in the borough.

20th March 2024

EDGE delivers first football foundation playzone under new framework

The Premier League, The FA and government’s Football Foundation has opened the first PlayZone in Normanton Park, Derby, thanks to a £180k grant from the UK’s biggest sports charity.

20th March 2024

Transition begins after LLEP helps bring £860m into Leicester and Leicestershire

The impact of the Leicester and Leicestershire Enterprise Partnership (LLEP) over the last 13 years was celebrated during an event at the National Space Centre.

12th March 2024

Funding to train next generation of chemists to take the East Midlands towards net zero

The University of Nottingham and Nottingham Trent University have been awarded funding for a centre that will train chemists of the future to find new ways to decarbonise manufacturing sectors, and help the East Midlands achieve its net zero target.

12th March 2024

Funding award for Nottingham project set to reduce CO2 emissions through AI

Researchers at the University of Nottingham have received a share of one billion pounds for a project aiming to reduce CO2 emissions through the creation of an AI model that will improve the accuracy of short-range weather forecasting for photovoltaic (PV

26th February 2024

MEIF Maven Debt Finance celebrates 100th funding milestone with nationwide home staging firm

A home staging firm, based in Melbourne, Derbyshire, has secured £250,000 backing from MEIF Maven Debt Finance, which is part of the Midlands Engine Investment Fund (MEIF), and backed by the British Business Bank (“BBB”) to accelerate the continued growth

22nd February 2024

Investment provides ingredients to bring new products to the table

Investment in the latest technology and equipment will allow experts at the University of Nottingham to enhance support for East Midlands food and drink businesses.

15th February 2024

Lincolnshire Institute of Technology secures additional £2.5 million investment

The Lincolnshire Institute of Technology (LIoT) has secured a further £2.5m investment from the second phase of the HigherTechnical Education Skills Injection fund after securing an initial £500,000 in the first round.

15th February 2024

£7m of finance provided to 18-24-year-old entrepreneurs in the East Midlands with Start Up Loans programme support

Start Up Loans, part of the British Business Bank, today announces that it has provided more than £100m worth of funding to business owners aged between 18-24 years old, equating to more than 15,000 loans since the programme launched in 2012.

13th February 2024

Leicestershire-based paint spraying facility secures £7,000 funding for a dynamic start

Technicoat, a Leicestershire-based paint spraying facility, has secured £7,000 funding from First Enterprise – Enterprise Loans under the British Business Bank’s Start Up Loans programme to kickstart the business.

7th February 2024

Quantum investment in brain imaging for dementia

University of Nottingham spin-out company Cerca Magnetics has been awarded £2m as part of £45 million government investment in the UK's quantum sector for wearable brain imaging research to help detect early signs of dementia.

6th February 2024

Derby-based physiotherapy and sports massage clinic secures £30,000 funding to open a new site

Moko Physiotherapy, a Derbyshire based physiotherapy and sports massage clinic, has secured £30,000 funding from First Enterprise – Enterprise Loans, under the British Business Bank’s Start Up Loans programme, to refurbish its new premises.

1st February 2024

Bank of England holds interest rates at 5.25% - but Chamber hopes cuts could be on the horizon

East Midlands Chamber hopes interest rate cuts could be coming this spring or summer after the Bank of England decided to maintain UK rates at 5.25% as part of its ongoing commitment to curb inflation.

24th January 2024

Great North Road (GNR) Solar Park could generate £1 million a year in community funding for Newark

Around £1m-a-year in funding could be made available to local community projects as part of the proposed Great North Road (GNR) Solar Park.

23rd January 2024

Family removals firm expands self storage facility offering by 15%

East Midlands removals and storage firm, Ballards, has invested in additional sustainable storage containers across its Lincolnshire and Nottinghamshire sites.

23rd January 2024

Abacus adds to remarkable expansion with new site

Pioneering Leicestershire firm Abacus Flooring Solutions has announced its imminent move to bigger premises following an incredible year of continued growth.

18th January 2024

Local businesses encouraged to grow in 2024 with government scheme

Small and medium-sized businesses in Leicestershire are being urged to take advantage of a government-funded scheme designed to boost leadership skills and business performance in 2024.

19th December 2023

New Primary School Programme to Help Children Dream Big

Lincolnshire County Council and the Greater Lincolnshire Local Enterprise Partnership are rolling out a new primary school careers programme funded by the Department for Education and the national Careers and Enterprise Company.

19th December 2023

Barwood and Premcor reach practical completion for major new Nottingham logistics scheme

Construction of a significant new logistics facility in Nottingham has reached practical completion, delivering 362,289 sq ft of warehouse and distribution space.

19th December 2023

Domestic abuse charity's £3M boost to buy its own properties to support survivors

Nottingham's largest domestic abuse organisation, Juno Women’s Aid, has received ‘life-changing’ funding of more than £3m to buy a string of safe properties for the survivors it helps.

19th December 2023

Subsidence specialist secures seven-figure loan for acquisition plans

A fast-growing Midlands-based business which specialises in subsidence monitoring has secured a seven-figure debt funding package from Frontier Development Capital (FDC) to support its acquisition plans.

13th December 2023

New funding programme launched to accelerate healthcare innovation in the East Midlands

Medilink Midlands and Health Innovation East Midlands (formerly East Midlands Academic Health Science Network - EMAHSN) have joined forces to launch a new programme designed to support and accelerate health innovations in the region.

5th December 2023

Leicestershire-based professional horse rider and trainer secures £25,000 to acquire a horse and essential equipment

A sports horse training and sales company, MJF Equestrian, has secured £25,000 funding from First Enterprise – Enterprise Loans, from the British Business Bank’s Start Up Loans programme, to purchase a horse to train, as well as to purchase specialised eq

4th December 2023

Midlands Engine Investment Fund delivers £250m in direct investment for region’s businesses

The Midlands Engine Investment Fund (MEIF), delivered by the British Business Bank, has achieved a milestone of £250m in direct investment for Midlands businesses.

30th November 2023

Multi-million funding injection for University of Nottingham facility brings net zero one step closer to reality

The University of Nottingham, in collaboration with Loughborough University, has been selected to receive a significant funding boost from East Midlands Freeport to accelerate the translation of zero carbon research into high-impact commercial and policy

29th November 2023

£3m funding secured to deliver ‘game-changing’ new approach to skills development in Leicestershire

Further education colleges across Leicester and Leicestershire have been successful in securing £3m in Government funding to enable them to a respond to an East Midlands Chamber-led skills initiative published last summer.

27th November 2023

More contracts on the horizon as Lincolnshire-based scaffolding company secures over £14,000 funding

Grey Wolf Scaffolding, a scaffolding service company based in Lincolnshire, has secured over £14,000 funding from First Enterprise – Enterprise Loans, under the British Business Bank’s Start Up Loans programme, to increase its stocks and further grow the

21st November 2023

Blueprint Interiors complete six figure refurb of showroom to satisfy five generations of workforce

Workplace consultants and commercial office fit-out specialists Blueprint Interiors has completed another six figure refurbishment of its showroom in Ashby de la Zouch.

21st November 2023

Leicester metalwork firm shares optimism for year ahead following period of sustained growth

Leicester-based metalwork firm, ADS Laser Cutting, has expressed optimism for the year ahead following a period of strong sustained growth and unprecedented investment in its team and equipment. The business has a vision to reach a turnover of £20m withi

14th November 2023

Leicestershire building society on point with forward thinking office move

Market Harborough Building Society (MHBS) has announced plans to move to a new head office as part of its ambitious growth plans, and in a show of its ongoing commitment to its community is pledging to offer meeting and event space to local groups and cha

14th November 2023

Nottingham’s Chartwell House refurb supported with loan from Assetz Capital

Assetz Capital are pleased to announce a further Loan completion in support of its longest borrower, Taj Ubhi and the 9 Property Group Limited (“the borrower”).

13th November 2023

East Midlands based first aid training provider secures £5,000 funding for local training hub

Nottingham and Derby based first aid training provider, Mini First Aid Nottingham and Derby has landed £5,000 in funding from First Enterprise – Enterprise Loans under the British Business Bank’s Start Up Loans programme to invest in their premises.

10th November 2023

Autumn Statement provides ‘huge opportunity’ for Government to kickstart sluggish growth, says Chamber

Commenting on the latest figures from the Office for National Statistics (ONS) showing there was zero growth in UK GDP in Q3 (July to September) 2023, East Midlands Chamber chief executive Scott Knowles said:

9th November 2023

Nottingham innovation project selected for international competition

A collaborative innovation project involving the University of Nottingham, which aims to create a portable facility that can convert waste into chemicals to be used to build medical devices, has been awarded €1.5 million as part of an international compet

9th November 2023

UK SMEs would benefit from tax reliefs in Autumn Budget, suggests leading tax expert

Autumn Statement forecast from leading East Midlands business adviser

6th November 2023

World’s first smart breathing tube for mechanically ventilated patients set for human trials

The University of Nottingham has secured £1.1 million in funding from the Medical Research Council to undertake human trials for the world’s first optical fibre sensor-equipped endotracheal tube (iTraXS).

2nd November 2023

Businesses relieved at Bank of England’s decision to leave interest rates unchanged, says East Midlands Chamber

Commenting on the Bank of England’s decision today (2 November) to leave the base rate unchanged at 5.25%, East Midlands Chamber chief executive Scott Knowles said: “Given high interest rates have been one of the biggest concerns for East Midlands busines

2nd November 2023

Reward secures additional £50m lending facility to bolster support for SMEs across the UK

Reward Finance Group, which provides SMEs with tailored business finance loans and asset-based solutions of up to £5m, has secured an additional £50m to its credit line from the alternative investment manager, Foresight Group.

1st November 2023

A family-owned Nottingham care home operator is set to expand across the UK with the support of a £10.65m funding package from HSBC UK.

31st October 2023

East Midlands Chamber secures £8.9m funding to deliver new generation of business support

Businesses in the region are to receive a significant boost to their operations with a helping hand from East Midlands Chamber’s new generation of business support.

19th October 2023

£4.6m investment will bring 222 jobs to world-class lab space

More than 200 jobs will be created through a £4.6m investment in revamping laboratory space at Charnwood Campus.

13th October 2023

Aviation specialist DEA secures multimillion-pound export finance package

DEA Aviation Limited (DEA) has secured new, multimillion-pound growth funding from Santander UK with the support of UK Export Finance (UKEF), the UK’s export credit agency.

13th October 2023

QEP-UK management buyout advised by Midlands-based PKF Smith Cooper

QEP-UK, the home of leading tiling, flooring and hardware home improvement brands such as QEP®, Roberts®, Vitrex®, Tile Rite®, Plasplugs®, Homelux®, XPS Foam™ and Kraus®, has been acquired in a management buyout with specialist support from PKF Smith Coop

11th October 2023

LWA RECEIVES £49,437 FROM JOBS 22 COMMUNITY INVESTMENT FUND

LWA is delighted to announce receipt of nearly £50k from the Jobs 22 Community Investment Fund. Jobs 22, primary provider of employment services to those in East Central England via the Restart Scheme, made its first three awards to local organisations,

10th October 2023

Funding boost for plant-based ‘Cheese from Peas’

Alternative protein research exploring using peas to make sustainable plant-based cheese has received funding from Innovate UK to develop commercial processes for new products.

10th October 2023

Bank of England’s interest rates policy now hitting East Midlands businesses, finds Chamber study

The impact of high inflation and rising interest rates is now being felt in the economy as demand slows for East Midlands businesses, new data shows.

3rd October 2023

High-growth businesses across the East Midlands achieve new ambitions through Digital Upscaler

More than 1,000 ambitious businesses across Derbyshire, Leicestershire and Nottinghamshire have received valuable support to embrace new technologies courtesy of an East Midlands Chamber-led programme

2nd October 2023

Nottinghamshire based glamping equipment supplier secures over £90k funding to create a new glamping site

Bell Tent Village, a Nottingham-based supplier of glamping equipment, has secured over £90k of funding with support from First Enterprise – Enterprise Loans to invest in facilities for its new glamping site. The funding was obtained through the Midlands E

25th September 2023

East Midlands Photo Firm Develops New Nottingham Studio

A family-run photography business has opened a new studio in West Bridgford, Nottingham, with backing from HSBC UK.

13th September 2023

Start Up Loans hits £1bn milestone of loans to UK small businesses, with £55m in 5,880 loans to the East Midlands

Start Up Loans, part of the British Business Bank, has delivered more than £1bn of loans across the UK since its inception in 2012. The loans have been issued to 105,109 businesses, at an average of £9,547 per business.

12th September 2023

UK child exploitation charity becomes first SME to receive British Safety Council funding to support staff wellbeing

Derbyshire-based charity, Safe and Sound has become the first organisation to successfully win funding from British Safety Council to improve and support its staff’s wellbeing.

5th September 2023

Nottingham researchers receive share of £19 million committed to battery research

Research at the University of Nottingham into the development of new materials and technologies for next generation batteries is one of four projects to receive additional funding from the Faraday Institution.

5th September 2023

Derbyshire-based Artisan Chocolate Shop Secures £10,000 Funding to Launch Its First Store

An artisan chocolate shop, Hot Chocolaterie, has secured £10,000 funding from First Enterprise – Enterprise Loans under the British Business Bank’s Start Up Loans programme to kickstart the business.

30th August 2023

Nottingham-based coffee shop receives £14,500 funding for equipment upgrades and staff expansion

Punch Coffee, a coffee shop based in Nottingham, has secured £14,500 funding from First Enterprise – Enterprise Loans under the British Business Bank’s Start Up Loans programme to invest in new equipment and growth.

9th August 2023

AUGUST 2023 Double celebrations as National Lottery Heritage Fund cash secured for two Focus projects

Multi-disciplinary company Focus is celebrating after news that two of its projects have secured vital National Lottery Heritage Fund (NLHF) cash.

3rd August 2023

£33 million joint investment to boost skills, support jobs and bolster green manufacturing in UK life sciences industry

£33 million of joint government and industry investment with leading global firm Kindeva Drug Delivery in UK medicines manufacturing will ensure a new generation of green, low-carbon, respiratory inhalers are made in the UK, supporting efforts to grow the

27th July 2023

Events software platform raises further £1.5m

A Lincoln company whose events software platform was used to help plan the 2022 Birmingham Commonwealth Games has raised £1.5m to enable it to bring its technology to a wider audience and create new jobs.

18th July 2023

East Midlands care provider opens new home for people with brain injuries thanks to £1.6m funding from Unity Trust Bank

A leading specialist care provider for people with an Acquired Brain Injury (ABI) has opened its third residential home thanks to seven-figure funding from Unity Trust Bank.

14th July 2023

Medilink Midlands delivers £3.5m of funding to East Midlands life sciences companies

Organisations came together to join Medilink Midlands in celebrating the success delivered under the three ERDF funded programmes, INSTILS, SoLSTICE and ACTIS and to find out what is next for the region.

11th July 2023

Nottingham-based Breast Cancer Survivor Secures £14,500 Funding to Revolutionise Post-Surgery Bra Design

A Nottingham-based bodywear brand, H.E.R Bodywear, has secured £14,500 in funding from First Enterprise – Enterprise Loans under the British Business Bank’s Start Up Loans programme to develop new products and invest in marketing.