Insights.

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Middlesbrough-based digital marketing agency Outrank were named the Small Business of the Year at the Tees Business Awards 2025, sponsored by NEL Fund Managers.
NPIF II - NEL Smaller Loans which is managed by NEL Fund Managers as part of the Northern Powerhouse Investment Fund II (NPIF II) has announced a five-figure investment in OptiMe, a leading workplace wellbeing Software-as-a-Service (SaaS) platform and app focused on revolutionising mental health support for employees across the UK.
The North East’s most active business investor has strengthened its senior team with the appointment of two experienced NED's to its board.
An ambitious North East HR firm is rolling out its expansion plans with the help of a five-figure loan from NPIF II – NEL Smaller Loans Fund, which is managed by NEL Fund Managers as part of the Northern Powerhouse Investment Fund II (NPIF II).
The leadership team of the North East’s longest-standing business investor has made public its plans to drive the business forward with Paul Scott as the new chief executive officer (CEO).
A North East marketing and PR training company is looking to capitalise on its creative expansion plans following a loan from NPIF II – NEL Smaller Loans, which is managed by NEL Fund Managers as part of Northern Powerhouse Investment Fund II (NPIF II).
The Northern Powerhouse Investment Fund II (NPIF II) has completed its first investment in Tees Valley following the launch of the £660m fund in March this year. 
The NEL team are delighted to have won the Alternative Finance Provider of the Year award at this year’s North East Insider Dealmaker Awards.
In this Q&A, we hear from Mike Guellard, senior investment executive at NEL Fund Managers, as he discusses the vital role of funds such as the Northern Powerhouse Investment Fund II (NPIF II) in the North East.
After working with regional fund management firm NEL Fund Managers to bring in the investment from the North East Growth Capital Fund Supported by the European Regional Development Fund, the Newcastle-headquartered business is now preparing to fully launch its own purpose-built data platform accelerator, Seriös One.
Clean Sweep provides cleaning and environmental management services for clients across the UK in a wide range of industries, including hospitality, healthcare, manufacturing, residential property and power generation. It has developed a particular focus on using sustainable cleaning methods and products, in order to reduce the impact of its work on the sensitive environments in which it often operates.
The Shildon-based firm’s products have been used in a wide range of office projects for household name organisations including Netflix, the London School of Economics and the BBC, as well as in high specification domestic and hospitality sector settings.
Sunderland based energy business, Troo, secured loan funding for expansion from the North East Growth Capital Fund managed by NEL Fund Managers