The team at regional fund management firm NEL Fund Managers has made a significant investment in its own future by taking control of the business through the formation of an Employee Ownership Trust. Based around the John Lewis partnership model, Employee Ownership Trusts (EOTs) were created in 2012 […]
The potential for growth capital investments to help North East companies achieve global success has been highlighted by the acquisition by a US technology giant of a successful communications firm with regional roots. Callstream Group Limited, a leading national provider of cloud-based call management technology, has been acquired […]
When raising finance for your business, it probably goes without saying that there’s a certain amount of maths involved. Any professional provider of finance is going to ask you how you arrived at the amount of finance you’ve requested. The number is usually derived from a cash flow […]
North East engineering expertise is set to drive growth at a successful regional power generation business as it looks to expand the range of consultancy work it undertakes in global markets. Royston Power Generation sells, installs, maintains, services and repairs diesel engines for a wide range of domestic […]
Ambitious regional businesses are being invited to make their bids for an investment from a new £4m extension to the Finance For Business North East Growth Fund. Run by regional fund management firm NEL Fund Managers, the Growth Fund is a general investment fund aimed at businesses at […]
A North East firm which manages home emergency property insurance claims is aiming to win more, bigger and better contracts after putting expansion plans into action with the help of new outside investment. Preferred Management Solutions Ltd (PMS) is a full-service reactive maintenance and building services company, and […]
We’ve all heard plenty on the governments push for SMEs to take on apprentices. It makes sense of course – allowing smaller businesses to increase their workforce at minimal cost, whilst in turn reducing the overall unemployment rate of young people. Yet, from our conversations with some of […]
A long-standing North East architecture practice has praised the impact of outside capital on the speed and breadth of its development after completing the investment period. In 2012, The ID Partnership-northern worked with regional fund management firm NEL Fund Managers to bring in a £150,000 investment from the […]
It is often said in business that it’s lonely at the top. At NEL, we often talk to businesses that have one or two directors who founded a company and have grown it by trying to do as much as possible themselves. As the business grows they find […]