News.

Sunderland based energy business, Troo, secured loan funding for expansion from the North East Growth Capital Fund managed by NEL Fund Managers
An ambitious coffee and doughnut café chain founded by two North East schoolfriends is set to open more stores and create more jobs after attracting a five-figure investment from the North East Small Loan Fund.
An ambitious North East continence product supplier is building up its customer service and business management resources after securing a second North East Fund investment through fund management firm NEL Fund Managers.
Asbestos Audit acts as both a main and sub-contractor on asbestos-related projects of every size, from processing single asbestos samples to managing asbestos for full industrial estates, and works on environmental projects with a range of clients right across the UK.
Edge Innovation supports innovation with and across public, private and third sectors, and works with organisations of all sizes across different industries to help them find solutions which meet existing and evolving market needs.
A County Durham cabinet manufacturer has marked its 20th anniversary by substantially increasing its manufacturing capacity with the help of a five-figure investment from the North East Small Loan Fund, managed by NEL Fund Managers.
Mammoth has built a reputation as an innovator in the mattress and seating market over the last decade by introducing new technologies such as Medical Grade™ foam and forging unique partnerships with the likes of the Chartered Society of Physiotherapy, Premier League football teams and leading universities.
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.
Regional fund management firm NEL Fund Managers has strengthened its investment team with two new appointments. Susan Snowdon has been recruited by the Newcastle-based firm as an investment executive, while Sarah Carr has joined the team in an investment administrator role.
NEL Fund Managers are proud to announce they are officially signed up to the North of Tyne Combined Authority's Good Work Pledge! The Good Work Pledge is a scheme where North East businesses can stand up and be counted for being fair employers.
The North East’s longest-standing business investor has completed its busiest ever year after making investments in regional firms worth a total of almost £5.9m. NEL Fund Managers completed 62 separate investments in businesses across Tyne & Wear, Northumberland and County Durham during 2022, topping last year’s previous record total by just under £250,000.