Maven launches series of funding clinics
The Hub News Team | 14.4.21
Regional fund manager Maven has launched a series of 1-2-1 support sessions for local businesses to help address funding and support needs. The sessions will be run by Maven's local investment team in the West Midlands, who have a dedicated fund manager for each sub-region they operate in.
The Marches event will be held on April 28 between 10am - 2pm and businesses will be allocated a time slot when they sign-up for a meeting.
The goal is to ensure the widest range of businesses can access, use and benefit from the clinics to improve their financial awareness and confidence, meaning more West Midlands based businesses are growth capital ready. Each business will register for a time slot with their local fund manager who will provide bespoke support and discuss their business and growth needs.
Appointed by the British Business Bank in February 2017, the Maven Debt Finance Fund - West Midlands, has already provided over £30.1 million to businesses via the Midlands Engine Investment Fund, which is managed by Maven and is supported by Local Enterprise Partnerships (LEPs) and Combined Authorities in the West Midlands. Maven has completed 67 loans ranging from £100,000 to £2 million to businesses across the West Midlands.
Chris Rogers, Investment Manager at Maven, says: "We recognise the importance of proactively providing support to businesses on a local level. Our investment team has considerable knowledge of the local SME market and are well-equipped to deliver 1-2-1 sessions tailored to the individual growth needs of businesses. We look forward to discovering new businesses and meeting ambitious management teams who are ready to take the next step in their growth journey."
"Maven has been a key player in providing a range of funding and investment readiness since the Fund's inception and we continue to reach out to businesses and help boost access to debt finance. The Fund's positive impact on businesses in the Midlands is already evident, fuelling the growth of ambitious SMEs across a wide range of industries, and supporting job creation across the region."