NEL Fund Managers • NEL Fund Managers Limited

Launch of the Northern Powerhouse Investment Fund II provides £660m boost for small businesses

Uploaded by Suzanne Smith in NEL News & Insights on March 21, 2024

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.

Financial checks that every business should carry out during the cost of living crisis

Uploaded by Suzanne Smith in NEL News & Insights on November 17, 2023

For many businesses, the effects of Brexit, COVID, the war in Ukraine and now inflation and the rise in interest rates have created a perfect storm, with rising costs of borrowing, supply chain issues and people and skills shortages. It’s making it more difficult for many businesses to […]

Cramlington engineers’ growth plans backed by second North East Fund investment

Uploaded by Suzanne Smith in Recent Investments, Growth Capital Fund on February 6, 2023

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.

NEL Fund Managers Completes Record Investment Year

Uploaded by Suzanne Smith in NEL News & Insights on January 4, 2023

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.

NEL Fund Managers wins accreditation for new iteration of the Recovery Loan Scheme

Uploaded by Suzanne Smith in NEL News & Insights on November 2, 2022

The North East’s longest-standing business investor has been confirmed as a provider for the new iteration of the Recovery Loan Scheme (RLS), with more than £4m being made available to regional firms. NEL Fund Managers has been accredited under RLS by the British Business Bank to provide loans […]

Jonathan steps up into top job at NEL Fund Managers

Uploaded by Suzanne Smith in NEL News & Insights on October 13, 2022

A well-known North East dealmaker has taken over as the new chief executive of regional fund management firm NEL Fund Managers. Jonathan Luke has served as the Newcastle-based firm’s portfolio director for the last four years and was promoted to deputy chief executive earlier this year as part […]

Scaling-up with The Business Clinic

Uploaded by Suzanne Smith in NEL News & Insights on October 3, 2022

As an investor of high growth North East businesses, we are acutely aware of the challenges posed by the rising skills gap. The good news is that a lot of work is being done to mitigate these challenges, and there’s now a host of fully funded support to […]

Reskilling and upskilling: How you can enhance your current workforce

Uploaded by Suzanne Smith in NEL News & Insights on September 26, 2022

Guest blog from North East Ambition Do you want to maximise your businesses potential using your existing workforce? With top advice and current information, it can make all the difference to the future of an organisation. It is a minefield out there if you don’t know where to […]

NEL Fund Managers passes £20m landmark for North East Fund investments

Uploaded by Suzanne Smith in NEL News & Insights on August 11, 2022

The North East’s longest-standing business investor has taken the total amount it has invested from the North East Fund Supported By The European Regional Development Fund in growing regional firms past the £20m mark. NEL Fund Managers took on responsibility in 2018 for investing the £18m North East […]

Green Marine heading across the pond after securing North East Fund investment backing

Uploaded by Suzanne Smith in Recent Investments, Small Loan Fund on July 13, 2022

A North East offshore business is aiming to make a big splash across the pond after securing a five-figure investment from the North East Small Loan Fund Supported by The European Regional Development Fund. Green Marine Solutions specialises in coordinating all the logistical aspects of offshore operations, including personnel […]