Cenelec takes on major contracts with Growth Capital Fund investment support
A North East hazardous area inspection firm has won major contracts in the oil & gas and utilities sectors with the help of its latest investment from NEL Fund Managers. Cenelec Standards Inspections Ltd (CSI) helps companies operating in potentially explosive onshore and offshore environments, such as oil rigs and refineries, distilleries and chemical plants, […]
NEL’s busiest ever quarter takes value of investments from new funds past £2m mark
Regional fund management firm NEL Fund Managers is bouncing into the new year on the back of its busiest ever quarter. Nineteen investments worth a combined £1,185,000 were completed by NEL in businesses during October, November and December 2018 from the two funds that it manages which are part of the overall £120m North East […]
The North East Growth Fund receives national recognition for its impact on the economy
The Finance for Business North East Growth Fund, managed by NEL Fund Managers, has received national recognition for the positive impact it has had on the North East economy. The Fund was acknowledged as an impact award finalist by the Institute of Economic Development (IED), the UK’s leading independent professional body representing economic development and […]