Entrepreneurs Circle, a support network for UK small businesses, has secured £500,000 from the Midlands Engine Investment Fund II to expand its operations with a new training centre in Solihull.
The Birmingham-based organisation plans to move into a 15,000 sq ft facility, tripling its current space and creating a dedicated event and training centre for up to 100 entrepreneurs daily. The expansion is expected to generate 12 new jobs, adding to its existing 50-person team.
Entrepreneurs Circle runs monthly networking events in over 100 UK towns and provides marketing advice, coaching, and training to small business owners. In 2024, the group saw a 25% increase in membership and a 37% rise in revenue.
The funding comes via Frontier Development Capital, which manages the Midlands Engine Investment Fund II on behalf of the British Business Bank. The initiative aims to boost regional business growth and address access-to-finance challenges for SMEs.