This Equity Finance factsheet has been developed by the Black Country Local Enterprise Partnership (LEP) Access to Finance Group in response to a number of requests from companies and intermediaries. This document provides an overview of available Equity funding streams and includes contact details and links for further information for each of the funding streams currently available, or due to be launched soon. This compliments the Finance Directory, which summarises and provides contact details for important sources of business finance, and investment incentives for businesses. This factsheet is updated as new funding streams are announced/confirmed. If you would like more information about any of the schemes highlighted in this factsheet please contact your local council (the council you pay your business rates to), Manufacturing Advice Service (MAS) or the LEP (contact details below).
Whilst contact information about individual products is given below, all initial enquiries can be directed to the Black Country Growth Hub on 01902 321 272 or email firstname.lastname@example.org
Do you represent a new business? Find support at the Business Support Helpline, learn more.
KEEN Venture Partners announces
€90 million first close of new fund
KEEN Venture Partners LLP (“KEEN”), a new venture capital firm operating from London and Amsterdam, announces €90 million first close of its inaugural KEEN Venture Partners Fund, L.P. (the “Fund”).
The new Fund will seek to provide early growth capital for technology companies with breakaway momentum across Europe with a particular focus on innovation hubs in the UK, Netherlands, Sweden and Germany. In addition, the fund will consider North American-based technology companies looking to expand into Europe. KEEN intends to invest €5 million to €10 million per company.
Pentech announce new £88m ECF
Pentech have announced the close of their new Pentech III Fund under the British Business Bank's Enterprise Capital Funds programme.The new £88m fund will be targeted at early stage software companies with growth potential.
|Press notice available here|
|UK Steel Enterprise Equity Growth Fund -for under £1m. Contact Yorkshire, Humberside & the Midlands office on 0114 270 0933 or email or visit the website.||Please contact for more details|
|Creative England Digital - SMEs based in England, outside of Greater London will be able to apply for equity investment of £40k to £100k for companies looking to raise between £400k and £1m. Creative England will invest up to 20% of your total investment raised. Learn more.||Equity investment of £40,000 to £100,000|
|Business Growth Fund - minimum turnover £5m, for amounts of £2 million - £10 million. Learn more or contact on the Birmingham office on 0845 266 8862.||£2 million to £10 million|
|Santander Breakthrough Growth Capital - for businesses (there’s a separate fund for SME housebuilders) with a turnover between £500,000 and £50m, with annual growth of 20% (t/o, profit, employees). Mezzanine loans available from £0.5m to £5m over 2 – 5 years. Find out more at the website.||From £500,000 to £5 million|
|Dawn Capital - equity for technology, media and telecoms sector, and technology enabled services companies, with an emphasis on finance and healthcare. Learn more.||Please contact for more details|
|Oxygen Investors (used to be CEBA) – any sector, £100,000 - £1 million. Email (please note that emailed pitches will be ignored) or visit the website.||£100,000 to £1 million|
|Minerva - all sectors, but focuses on early-stage technical. Contact on 024 7632 3114 or email to learn more.||Please contact for more details|
|Lloyds Development Capital - mid-market investment. Learn more or email or telephone the Birmingham office on 0121 237 6500.||Please contact for more details|
|ECI Partners - for businesses in technology, media and telecoms, business services, consumer, industrials, and healthcare valued at between £10 million and £150 million. Contact the Manchester office on 0161 819 3160 or learn more.||Please contact for more details|
|Envestors - equity for start-up and established businesses (£250,000 - £10m), telephone 01423 810149 or email or visit the website.||Please contact for more details|
|Catapult Ventures Growth Fund - equity/loan VC fund to provide capital between £200,000 and £2 million for expanding companies. Contact on 0116 238 8200 or visit the website.||Between £200,000 and £2 million|
|Advantage Business Angels - all sectors, typically £50,000 - £500,000. Learn more.||Between £50,000 - £500,000|
|Midven - five different funds, for early-stage SMEs. Learn more.||Please contact for more details.|
|Mercia - under £1m. For more information.||Please contact for more details.|
|EV Group - £30,000 - £2m. Learn more.||From £30,000 - £2 million|
|Triodos Renewables - renewables sector. Learn more.||Up to £5,000|
|Edge Creative Enterprise Fund - Equity investment opportunities available for creative businesses. Learn more.||Please contact for more details.|