News.

Mammoth founder and CEO John Tuton (left) with Mark Wharton, Senior Portfolio Executive at NEL Fund Managers
  • Growth Capital Fund, Investment News
Mammoth accelerating growth plans with Growth Capital Fund investment
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.
Jane Siddle, Senior Investment Executive at NEL Fund Managers, with Lee Rorison, CEO and co-founder at Seriös Group
  • Growth Capital Fund, Investment News
Tech firm getting Seriös about growth goals with North East Fund investment
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.
Jonathan Armitage of NEL Fund Managers with Kai Kristiansen of Clean Sweep
  • Investment News, Small Loan Fund
Clean Sweep tidies away six-figure NEL investment to support service expansion
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.
(from left) Jonathan Armitage of NEL Fund Managers with Paul Wilson and Tom Flanagan of Woodland Floors
  • Investment News, Small Loan Fund
Technology investment helping Woodland Floors cover production improvements
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.
Jonathan Luke, CEO of NEL Fund Managers
  • NEL News & Insights
Financial checks that every business should carry out during the cost of living crisis
Robert Hammal, Managing Director at Speeding's Limited, with Mike Guellard of NEL Fund Managers
  • Investment News, Small Loan Fund
Speedings sews up North East Fund investment to support growth and job creation plans
One of the UK’s oldest family textile businesses is looking to the future with the help of a six-figure investment from the North East Small Loan Fund Supported by The European Regional Development Fund.
GS4U's new STAYGROUNDED® system being installed
  • Investment News, Small Loan Fund
Groundscrews4U taking sustainable STAYGROUNDED® system nationwide with North East Fund investment backing
Sustainable technology developed by a North East entrepreneur is set to gain ground nationwide with the help of a five-figure investment from the North East Small Loan Fund Supported by The European Regional Development Fund.
Stephen Allen, Managing Director at NE & C Windows & Doors (left), with Jane Siddle, Senior Investment Executive at NEL Fund Managers (right)
  • Growth Capital Fund, Investment News
North East Fund investment gives NE & C Windows & Doors a clear view on growth goals
NE & C Windows & Doors designs, manufactures and installs a range of high-quality windows, doors, conservatories and balustrades for commercial and domestic clients across the North East, Cumbria and Scotland.
(from left) Mark Lovejoy and David Haigh of Beatnik Studio with Susan Snowdon of NEL Fund Managers
  • Investment News, Small Loan Fund
Beatnik designs digital agency growth plans with Small Loan Fund backing
An ambitious North East graphic designer is setting out to build a bigger business after securing a five-figure investment from the North East Small Loan Fund Supported by The European Regional Development Fund.
Pictured from left to right: Alex Walker, Founder of Awesome Franks Sarah Newbould, Senior Investment Manager at British Business Bank Susan Snowdon, Investment Executive at NEL Fund Managers
  • Investment News
NEL Fund Managers backs female-led gourmet deli Awesome Franks with NPIF II investment
NPIF II – NEL Smaller Loans, which is managed by NEL Fund Managers, has announced a five-figure investment into Awesome Franks, a gourmet sandwich and deli concept set to open in Jesmond next month.
Pictured, from left to right, are: Susan Snowdon, Investment Executive at NEL Fund Managers, Stephen Dial, Founder and Director of Charles Grey Menswear, Sarah Newbould, Senior Investment Manager at British Business Bank
  • Investment News
Charles Grey Menswear secures NPIF II funding from NEL to drive UK retail growth
Durham-based menswear brand, Charles Grey Menswear Limited, has secured a five-figure investment from NPIF II – NEL Smaller Loans, which is managed by NEL Fund Managers, to accelerate its fast-paced growth across the UK retail landscape.
Pictured, from left to right, are Max Gilchrist, Mincoffs Solicitors' associate solicitor; David Cudlip, The Advisory Group director; Rachael Munro, NEL Fund Managers' investment executive; Graeme Harrison, CCBS director; and JH Partners Consulting Engineers' partners Shaun Lane, David Brown and Lee Nichols
  • Investment News
Seven-Figure NPIF II Investment Boosts JH Partners’ Growth
NEL Fund Managers is proud to announce a significant investment into JH Partners, a Durham-based mechanical, electrical, and digital engineering design consultancy which provides low-carbon, state-of-the-art design solutions across both the public and private sectors.
Pictured, from left to right, are Rachael Munro, Michael Williams and Susan Snowdon, Investment Executives at NEL Fund Managers.
  • Investment News
NEL Fund Managers reports record quarter, while completing largest NPIF II deal
NEL Fund Managers reports a record-breaking quarter, securing its largest deal to date and delivering strategic investments across sectors via NPIF II - NEL Smaller Loans Fund and NPIF II - NEL Debt Finance Fund.
Pictured, from left to right, are Susan Snowdon, Investment Executive at NEL Fund Managers, Sarah Newbould, Senior Investment Manager at British Business Bank and Bethany Ainsley, Founder of OptiMe
  • Investment News
NPIF II – NEL Smaller Loans makes a five-figure investment to OptiMe
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.
(from left) Sarah Newbould, Senior Manager at the British Business Bank, Michael Cantwell, Corporate Finance Partner at Clive Owen LLP, Michael Dobson, Managing Director at Sapphire HR, and Susan Snowdon, Investment Executive at NEL Fund Managers.
  • Investment News
Sapphire HR secures NPIF II investment to drive growth and seize market opportunities
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).
: (from left) Veronica Swindale, Managing Director at nesma, Mike Guellard, Senior Investment Executive at NEL Fund Managers, and Paul Sutherland, Commercial Director at nesma.
  • Investment News
North East marketing training company expands following NPIF II funding
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).
(from left) Jane Siddle of NEL Fund Managers, Steve Southern of Southern Asset Management and Sarah Newbould of British Business Bank
  • Investment News
NPIF II completes first deal in Tees Valley with six-figure investment for specialist non-destructive testing firm
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. 
Pecursor gains North East Fund backing | NEL Find Managers
  • Growth Capital Fund, Investment News
Precursor continues Newcastle recruitment drive with North East Fund backing
An ambitious cyber security firm is continuing to build its North East presence with the help of a six-figure investment from the North East Fund.
  • 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.
Mike Guellard, Senior Investment Executive at NEL Fund Managers
  • NEL News & Insights
Q&A with Mike Guellard
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.