News.

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.
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.
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.
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.
Middlesbrough-based The Qualis Collection Ltd has secured a six-figure investment from NPIF II - NEL Smaller Loans, which is managed by NEL Fund Managers.
Business energy consultants Troo, based in Sunderland, has secured a seven-figure investment from NPIF II – NEL Debt Finance, which is managed by NEL Fund Managers.
Sanco, a Newcastle-based Neapolitan pizza dining experience, has secured a strategic investment from NPIF II – NEL Smaller Loans, which is managed by NEL Fund Managers as part of the Northern Powerhouse Investment Fund II (NPIF II).
A North East-based technology consultancy has secured the largest contract in its history following two rounds of investment from NEL Fund Managers.
Female-led consultancy Simplified Operations has secured a significant investment from NPIF II – NEL Smaller Loans, which is managed by NEL Fund Managers as part of the Northern Powerhouse Investment Fund II (NPIF II).
One of the North East’s most established plant hire businesses is set to build on decades of success after securing a significant investment from NPIF II - NEL Debt Finance, which is managed by NEL Fund Managers.
A new health and wellness centre purpose-built for older adults in North Tyneside is set to open its doors thanks to a strategic investment from NPIF II - NEL Debt Finance, which is managed by NEL Fund Managers as part of the Northern Powerhouse Investment Fund II (NPIF II).
Middlesbrough-based Valves & Flow Control Resources Limited (VFCR) has secured a five-figure investment from NPIF II – NEL Smaller Loans, which is managed by NEL Fund Managers as part of the Northern Powerhouse Investment Fund II (NPIF II).
A six-figure investment is fuelling the next stage of growth for one of the North East’s most recognisable independent food brands. The funding comes from NPIF II – NEL Debt Finance Fund, which is managed by NEL Fund Managers.
NEL Fund Managers have launched a brand new bi-monthly networking event at Flok co-working space for Teesside-based professionals.
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.
The North East’s most active business investor has strengthened its senior team with the appointment of two experienced NED's to its board.
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 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.