NEL News Archive
Tonne up for NEL Fund Managers with 100th Small Loan Fund investment
Uploaded by Suzanne Smith in NEL News on December 24, 2020
The North East longest-standing business investor has ended the year by making its 100th investment from one of the two elements of the £120m North East Fund that it manages. NEL Fund Managers is responsible for investing the £9m North East Small Loan Fund Supported By The European Regional […]
NEL Fund Managers becomes first regional member of Responsible Finance group
Uploaded by Suzanne Smith in NEL News on November 20, 2020
The North East longest-standing business investor has become the first locally-based firm to join a nationwide group that is working to ensure fair and affordable access to finance and build resilient economies around the UK. NEL Fund Managers has been granted membership of Responsible Finance, a growing national […]
Training programme hits triple figures and launches online to support SMEs post lockdown
Uploaded by Suzanne Smith in NEL News on September 2, 2020
A highly successful training partnership that has already supported 100 local business owners is getting ready to launch a new programme of fully funded training to help businesses emerge stronger from the impacts of the Covid-19 pandemic. NEL Fund Managers and MINT Business Club (then Digital Sparkles) first […]
NEL Fund Managers begins lending under Coronavirus Business Interruption Loan Scheme
Uploaded by Suzanne Smith in NEL News on July 23, 2020
The North East longest-standing business investor is looking to expand the number of regional firms with which it works after becoming an accredited provider for the Coronavirus Business Interruption Loan Scheme (CBILS). NEL Fund Managers has been accredited by the British Business Bank to provide loans of up […]
NEL Fund Managers and Northumbria University launch growth programme for North East health, wellness and social care sectors
Uploaded by Suzanne Smith in NEL News on July 9, 2020
A major new initiative to help North East businesses grow or expand into the health, wellness and social care delivery sectors is set to go live. Regional fund management firm NEL Fund Managers has joined forces with Northumbria University to set up the new Purposeful Health Growth Accelerator, […]
NEL Fund Managers doubles maximum investment value for Small Loan Fund
Uploaded by Suzanne Smith in NEL News on June 1, 2020
The maximum amount available to North East SMEs from a £9m investment fund has been doubled by the region’s longest-standing business investor. NEL Fund Managers is responsible for investing the £9m North East Small Loan Fund, which usually offers loans of up to £50,000, and is designed to […]
COVID-19 : An update from NEL Fund Managers
Uploaded by Suzanne Smith in Our Insight, NEL News on March 25, 2020
During these difficult times we would like to assure our portfolio businesses, investors and stakeholders that the NEL team are working to support you. We have had many conversations with portfolio businesses in recent days and would like to applaud their positive attitudes and resilience throughout this situation. […]
NEL Fund Managers records busiest ever investment quarter
Uploaded by Suzanne Smith in NEL News on February 18, 2020
The North East’s longest-standing business investor has recorded its busiest ever quarter as it continues to grow its portfolio of ambitious regional investees. NEL Fund Managers made 27 investments across Tyne & Wear, Durham and Northumberland in the final three months of 2019 from the two elements of […]
NEL’s Yvonne Gale appointed to Small Business Commissioner’s national advisory board
Uploaded by Suzanne Smith in NEL News on December 4, 2019
A North East business investment expert has been chosen to serve on the national advisory board for the Small Business Commissioner’s Office. Dr Yvonne Gale is now acting as one of three independent advisors who provide leadership support and direction to the Office, which was set up in […]
NEL Fund Managers passes £100m investments value landmark
Uploaded by Suzanne Smith in NEL News on October 1, 2019
The North East’s longest-standing business investor has taken the total amount it has invested in growing regional companies past the £100m mark. NEL Fund Managers has made 847 investments across the North East since being set up in 1989, helping to create and secure thousands of jobs within […]