New Growth Fund Investment Helping Royston Power On
North East engineering expertise is set to drive growth at a successful regional power generation business as it looks to expand the range of consultancy work it undertakes in global markets. Royston Power Generation sells, installs, maintains, services and repairs diesel engines for a wide range of domestic and overseas blue chip clients in the […]
NEL Fund Managers Helping Property Repair Firm Build for the Future
A North East firm which manages home emergency property insurance claims is aiming to win more, bigger and better contracts after putting expansion plans into action with the help of new outside investment. Preferred Management Solutions Ltd (PMS) is a full-service reactive maintenance and building services company, and works with property management businesses, insurance firms, […]
Apprenticeships Make Perfect Business Sense
We’ve all heard plenty on the governments push for SMEs to take on apprentices. It makes sense of course – allowing smaller businesses to increase their workforce at minimal cost, whilst in turn reducing the overall unemployment rate of young people. Yet, from our conversations with some of the North Easts most ambitious SMEs, we […]
Celebrating International Women’s Day
“Deeds not words” shouted the suffragettes in 1903. Over a century later International Women’s Day is calling for gender parity. New words; same problem. But how does it link to successfully growing strong North East businesses? Research has proven that profitability, return on investment and innovation all increase when women hold senior leadership roles. Every […]
ID Partnership Exits Growth Fund Investment with Plans to Build for the Future
A long-standing North East architecture practice has praised the impact of outside capital on the speed and breadth of its development after completing the investment period. In 2012, The ID Partnership-northern worked with regional fund management firm NEL Fund Managers to bring in a £150,000 investment from the Finance For Business North East Growth Fund, […]
Lonely at the Top?
It is often said in business that it’s lonely at the top. At NEL, we often talk to businesses that have one or two directors who founded a company and have grown it by trying to do as much as possible themselves. As the business grows they find themselves stretched thinner and thinner until a […]
How £25M Invested from The North East Growth Fund has Impacted the North East
ATAG Ties Up Second Growth Fund Investment to Support New Service Development
A County Durham cable manufacturer is putting expansion plans into action with the help of a second investment from the Finance For Business North East Growth Fund after turning a threat to the company into an opportunity. ATAG Cable Solutions designs, manufactures, tests and supplies a wide range of high quality, high performance reliable cables […]
Mighty Business Oaks Grow from Small Acorns
The Journal’s recent 2015 North East Business Executive of the Year Awards dinner brought together a stellar cast of regional business luminaries who are driving the commercial success of many of our best-known firms. They are responsible for the employment of many hundreds, if not thousands, of people in the North East and elsewhere, for […]
Formula Plastics Exits Successful NEL Investment with Eye on Further Growth
A County Durham injection moulding firm is aiming for further expansion after more than doubling its turnover through the five-year term of a Finance for Business North East Growth Fund investment. Formula Plastics manufactures a range of components which are used in vehicles made by some of the best-known names in the automotive industry, including […]