News.

Jane Siddle of NEL Fund Managers (left) with James Riley of G&B Civil Engineering
  • Investment News
G&B Civil Engineering focused on sustainable growth after North East Fund investment exit
A thriving North East civil engineering firm is aiming to build sustainably on the growth it has secured over the last four years after successfully exiting its second North East Fund investment agreement.
(from left) Jane Siddle of NEL Fund Managers, Steven Foley of CCBS Group and Nigel Morris of Nirvana Europe
  • Growth Capital Fund, Investment News
Nirvana Europe taking a run at North America with NEL investment backing
A specialist North East sports travel and events firm is taking a run at growing its presence in North America with the help of a £500,000 investment from the North East Fund.
Jane Siddle, Senior Investment Executive, NEL Fund Managers
  • NEL News & Insights
NEL views on the launch of the Northern Powerhouse Investment Fund II
The British Business Bank has recently launched the Northern Powerhouse Investment Fund II (NPIF II), bringing with it £660m to invest in businesses across the North, aimed at fostering growth and prosperity.
(from left) Susan Snowdon of NEL Fund Managers with Alan Sawyers and Nathan Cockburn of AS Design North East
  • Investment News, Small Loan Fund
Northumberland design firm realising growth ambitions with NEL investment
A Northumberland design company is expanding its range of services and its workforce with the help of a five-figure investment from the North East Small Loan Fund.
Northern Powerhouse Investment Fund II Launch Photo
  • NEL News & Insights
Launch of the Northern Powerhouse Investment Fund II provides £660m boost for small businesses
The Northern Powerhouse Investment Fund II (NPIF II), aims to build on the success of the initial fund, with the purpose of driving sustainable economic growth by supporting innovation and creating local opportunity for new and growing businesses across the North.
Deep North co-founder Phil King (left) with Jonathan Armitage of NEL Fund Managers
  • Investment News, Small Loan Fund
Artisan doughnut chain shows appetite for growth with NEL investment backing
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.
The accompanying image shows (one from right) Jane Siddle of NEL Fund Managers with (from left) Wayne Dobson, Bob Morton, Ian Clarkson and Matt Haycock of Lylalife
  • Growth Capital Fund, Investment News
Lylalife gaining new customer insight with second North East Fund investment
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.
  • NEL News & Insights
North East Growth Capital Fund
Susan Snowdon, investment executive at NEL Fund Managers (left), with Ben Pickard, founder and managing director at Asbestos Audit
  • Investment News, Small Loan Fund
Asbestos Audit sets up in-house laboratory with second Small Loan Fund investment
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.
  • Investment News
Clifford James Consultants on the Road to Expansion with Growth Fund Investment Support
NEL Volunteering Day 17/06/2025
  • NEL News & Insights
Team NEL’s Volunteering Day at The Bread & Butter Thing
Some of the NEL team spent a day volunteering with The Bread and Butter Thing, which is tackling food waste while making healthy, nutritious food accessible to people who need it most in communities across the UK.
  • NEL News & Insights
NEL Launches Bi-Monthly Teesside Brunch Club
NEL Fund Managers have launched a brand new bi-monthly networking event at Flok co-working space for Teesside-based professionals.
Pictured from left to right: Stephen Robinson, CEO of Outrank and Paul Scott, CEO of NEL Fund Managers
  • NEL News & Insights
NEL Sponsors Small Business of the Year at the Tees Business Awards 2025
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.
(from left) Jonathan Luke, Paul Scott, Graham Thrower, Trevor Castledine, and Judith Hartley of NEL Fund Managers.
  • NEL News & Insights
NEL Fund Managers strengthens board with Non-Executive Director appointments
The North East’s most active business investor has strengthened its senior team with the appointment of two experienced NED's to its board.
From left — Paul Scott, Graham Thrower and Jonathan Luke of NEL Fund Managers
  • NEL News & Insights
NEL announces Paul Scott as new CEO as Jonathan Luke retires
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).
The NEL Fund Managers team celebrate having won the Alternative Finance Provider of the Year award at the North East Insider Dealmaker Awards 2024.
  • NEL News & Insights
NEL wins Alternative Finance Provider of the Year at the Insider Dealmakers Awards 2024
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.