North East Growth Fund Archive

Growth Fund investments help North East firms bring extra £26.8m into region

Uploaded by in NEL News on December 21, 2018

Dozens of regional firms that secured investments from the Finance for Business North East Growth Fund have been able to use them to bring an additional £26.8m of capital investment into the regional economy. Research by NEL Fund Managers has revealed that businesses in receipt of finance from […]


Returns from Growth Fund investments pass £25m landmark

Uploaded by in NEL News on April 10, 2018

The financial returns received on regional investments made by fund management firm NEL Fund Managers from the Finance for Business North East Growth Fund have surpassed the £25m mark after almost £5m was added to the pot in the last 12 months. NEL made 146 investments worth a […]


Father and son launching bespoke north east bike brand

Uploaded by in Success Stories on January 22, 2018

A North East father and son are setting out on their own road to commercial cycling success after launching a new range of high end bikes. Ian and Trevor Hughes are the management team behind Vielo Sports Ltd, and have two decades’ experience of working with leading British […]


Evaluagent making the right calls with new contract wins

Uploaded by in Success Stories on September 7, 2017

A specialist North East software developer is casting its gaze across the Atlantic after picking up four major new contracts and increasing its annual turnover by 20 per cent in the last year. EvaluAgent designs software solutions for contact centres which use ‘gamification’ techniques to help ensure customers […]


New products in pipeline as Orcalight shines on Blue Planet once again

Uploaded by in Success Stories on September 4, 2017

A specialist North East manufacturer is looking to build on its international underwater success by targeting new markets with new products. Orcalight manufactures the world’s most powerful dive light, which is the main light to have been used in the filming of the BBC’s forthcoming landmark natural history […]


Clifford James Consultants in Top Gear After Growth Fund Investment Exit

Uploaded by in Success Stories on April 18, 2017

A Northumberland firm that specialises in a niche area of motoring and insurance law is in the fast lane towards becoming a UK-wide operator after exiting from a six-figure investment from the Finance For Business North East Growth Fund. Clifford James Consultants Ltd (CJC) is one of the […]


Sadler Brown Designs on New Markets Backed by Growth Fund Investment

Uploaded by in Recent Investments on April 4, 2017

An ambitious North East architects’ practice is hoping to build on the success it’s enjoying both at home and abroad by breaking into a range of new markets. Over the last two years, Sadler Brown has seen its headcount increase from eight people to 28 as it has […]


NEL’s Yvonne Called in as Advisor on £500m UAE Innovation Fund

Uploaded by in NEL News on March 13, 2017

A North East investment expert has been appointed to a panel of worldwide advisors who will work with the United Arab Emirates’ government on the investment of a new £500m innovation fund. Dr Yvonne Gale, chief executive at NEL Fund Managers, is one of 11 members of the […]


A Meeting With: Jane Siddle, Investment Executive at NEL Fund Managers Limited

Uploaded by in Our Insight on February 28, 2017

Investment executive Jane Siddle on the things she enjoys about her job and her life outside of work. What is the best thing about your job? I’m in a very fortunate position at NEL in that I’m given a constant opportunity to meet inspiring SME owner managers. The […]


Returns from Growth Fund Investments Pass £20M Landmark

Uploaded by in NEL News on February 6, 2017

The financial returns received so far on regional investments made by fund management firm NEL Fund Managers from the Finance for Business North East Growth Fund has surpassed the £20m mark well ahead of schedule. Since the Growth Fund launched in early 2010, NEL has made 146 investments […]