A growing Northumberland engineering business has opened up a new revenue stream with the backing of a second investment from regional fund management firm NEL Fund Managers.
Advanced Composites Engineering manufactures premium quality composite tubing for businesses across a wide range of sectors, from defence and aerospace through to sports equipment, marine and other commercial and industrial applications.
An ambitious North East creative media agency is embarking on the next chapter of its growth story with the help of a six-figure investment from the North East Small Loan Fund Supported by The European Regional Development Fund.
A North East immersive games design studio is diversifying into new markets after securing a five-figure investment from the North East Small Loan Fund Supported by The European Regional Development Fund.
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.
North East estate and lettings agent My Property Box is casting its eyes outside the region after securing a six-figure investment from the North East Growth Capital Fund.
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.
The North East’s most active business investor is establishing a new office in Teesside to help maximise its investment presence right across the region.
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.
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.
