NEL News & Insights - Page 4
NEL Fund Managers begins lending under Coronavirus Business Interruption Loan Scheme
Uploaded by Suzanne Smith in NEL News & Insights 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 & Insights 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 & Insights 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 NEL News & Insights 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 & Insights 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 & Insights 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 & Insights 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 […]
Thirty years of North East business investment for NEL Fund Managers
Uploaded by Suzanne Smith in NEL News & Insights on July 4, 2019
The North East’s longest-standing business investor is celebrating after completing three decades of investing in growing regional companies. NEL Fund Managers has made 826 investments across the North East worth a total of £98.4m since being set up in 1989, and has helped to create and secure thousands […]
NEL partnering with ‘If We Can You Can’ Challenge to help more firms get investment ready
Uploaded by Suzanne Smith in NEL News & Insights on April 17, 2019
Regional fund management firm NEL Fund Managers is launching a new partnership with the If We Can You Can Challenge to help more North East businesses get themselves ‘investment ready’. The initiative will see the two partners holding a series of events right through the year which will […]
NEL’s busiest ever quarter takes value of investments from new funds past £2m mark
Uploaded by Suzanne Smith in NEL News & Insights on January 7, 2019
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 […]