3 ways AI is guiding finance leaders to success
Tonne up for NEL Fund Managers with 100th Small Loan Fund investment
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 Development Fund, which offers loans of between […]
NEL Fund Managers becomes first regional member of Responsible Finance group
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 network of over 50 finance providers which […]
Training programme hits triple figures and launches online to support SMEs post lockdown
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 started working together in late 2018 when […]
NEL Fund Managers begins lending under Coronavirus Business Interruption Loan Scheme
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 to £250,000 to regional businesses that have […]
NEL Fund Managers and Northumbria University launch growth programme for North East health, wellness and social care sectors
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, which will offer practical support, advice and […]
NEL Fund Managers doubles maximum investment value for Small Loan Fund
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 assist with the creation of over 1,200 […]
COVID-19 : An update from NEL Fund Managers
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. We will continue to be here should […]
NEL Fund Managers records busiest ever investment quarter
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 the £120m North East Fund Supported by […]
NEL’s Yvonne Gale appointed to Small Business Commissioner’s national advisory board
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 2017 by the Department for Business, Energy […]
