NEL Fund Managers passes £100m investments value landmark
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 hundreds of companies along the way. Since […]
Thirty years of North East business investment for NEL Fund Managers
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 of jobs within hundreds of companies. After […]
NEL partnering with ‘If We Can You Can’ Challenge to help more firms get investment ready
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 provide support and mentorship opportunities for entrepreneurs […]
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 […]
Growth Fund investments help North East firms bring extra £26.8m into region
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 the £30m fund have been able to […]
NEL Fund Managers signs Armed Forces Covenant in support of ex-service entrepreneurs
Regional fund management firm NEL Fund Managers has given its official backing to supporting ex-service personnel as they move into civilian life and new commercial roles. Having invested in a number of businesses set up and run by former military personnel, NEL has now become a signatory to the Armed Forces Covenant as a way […]
Spotlight on Mentors’ & NEDs’ role in driving business scale-up agenda at free event
The positive impact that non-executive directors and business mentors can have on helping North East firms realise their scale-up ambitions will be in the spotlight at a free event taking place next week. The Scaling Your Business Through Mentors and Non-Executive Directors seminar is designed to give business owners an in-depth insight into how experienced […]
NEL passes £1m mark for investments from new funds
The total value of investments made by regional fund management firm NEL Fund Managers from the two new funds it is managing has gone past the £1m mark in just a few months. NEL is the only fund management firm to be awarded two of the five funds that make up the new £120m North […]
Jonathan makes career investment with NEL
North East fund management firm NEL Fund Managers has boosted its investment team with the appointment of Jonathan Armitage. Jonathan has joined NEL as an investment executive and is now working to support regional businesses who are looking to access investments that will help them realise their development plans. He is primarily working on investment […]
