Funding • NEL Fund Managers Limited - Page 4
Growth Fund Investments Pass £25M Landmark
Uploaded by Suzanne Smith in NEL News & Insights on February 2, 2016
After providing around £5m of development capital to regional businesses during 2015, the total value of investments made by fund management firm NEL Fund Managers from the Finance for Business North East Growth Fund has now passed the £25m mark. Since the fund launched in early 2010, NEL […]
ATAG Ties Up Second Growth Fund Investment to Support New Service Development
Uploaded by Suzanne Smith in Recent Investments on January 26, 2016
A County Durham cable manufacturer is putting expansion plans into action with the help of a second investment from the Finance For Business North East Growth Fund after turning a threat to the company into an opportunity. ATAG Cable Solutions designs, manufactures, tests and supplies a wide range […]
Mighty Business Oaks Grow from Small Acorns
Uploaded by Suzanne Smith in Recent Investments on November 26, 2015
The Journal’s recent 2015 North East Business Executive of the Year Awards dinner brought together a stellar cast of regional business luminaries who are driving the commercial success of many of our best-known firms. They are responsible for the employment of many hundreds, if not thousands, of people […]
Formula Plastics Exits Successful NEL Investment with Eye on Further Growth
Uploaded by Suzanne Smith in Recent Investments on November 13, 2015
A County Durham injection moulding firm is aiming for further expansion after more than doubling its turnover through the five-year term of a Finance for Business North East Growth Fund investment. Formula Plastics manufactures a range of components which are used in vehicles made by some of the […]
Exporting for Growth
Uploaded by Suzanne Smith in Recent Investments on November 2, 2015
As businesses continue to strive towards expansion, and especially now that we have the technology in place to allow ease of communications across the globe, now is a great time to look towards developing, or extending upon, your exporting strategy. As it stands, the North East is leading […]
Getting your Hands on the Export Ball
Uploaded by Suzanne Smith in Recent Investments on October 22, 2015
The three Rugby World Cup fixtures held in Newcastle earlier this month provided a truly unforgettable spectacle, and its legacy is hopefully going to be much more than just a sporting one. High profile trade delegations from both New Zealand and South Africa took the opportunity to visit […]
Coffin Maker Praises Role of Investment Capital After Breaking £10M Turnover Barrier
Uploaded by Suzanne Smith in Recent Investments on October 20, 2015
The head of the UK’s largest independent coffin manufacturer has praised the impact that outside investment has had on the growth of his business after seeing it break through the £10m annual turnover barrier. Julian Atkinson, managing director at JC Atkinson & Co, has seen the Washington-based firm’s […]
OneGym Moves into Teesside with Third Growth Fund Investment
Uploaded by Suzanne Smith in Recent Investments on October 8, 2015
A successful North East ‘no frills’ fitness business is building up for a healthy future after making its first move into Teesside. Paul and David Pearson opened OneGym in Bishop Auckland in 2012, offering users access to all the latest fitness equipment without costly add-ons like swimming pools […]
Developing the Skills to Pay the Bills
Uploaded by Suzanne Smith in Recent Investments on October 1, 2015
“The skills gap is the most significant problem businesses are talking to me about at the moment.” So said BBC business journalist Steph McGovern when she visited the region recently to talk to the North East Advanced Manufacturing Forum. And it’s not just the technical skills that you’d […]
Maxim FM Looking to Clean Up Across the UK with Third Growth Fund Investment
Uploaded by Suzanne Smith in Recent Investments on September 29, 2015
Continued commercial and geographical growth are on the agenda for the North East’s largest independent contract cleaning and facilities management firm after it hoovered up a third six-figure investment from The Finance for Business North East Growth Fund. Maxim Facilities Management Limited (Maxim FM) provides commercial contract cleaning […]