The Midlands Engine Investment Fund II (MEIF II) will deliver £400m of new funding through investment strategies that best meet the needs of the businesses across the Midlands. MEIF II is designed to build on the first Midlands Engine Investment Fund and continue to drive sustainable economic growth by supporting innovation and creating opportunities for new and growing businesses across the Midlands. The fund will increase the supply and diversity of early-stage finance for smaller businesses in the Midlands, providing funds to firms that might otherwise not receive investment and help to break down barriers in access to finance.