NEL Fund Managers Archive
Depend Group’s new owners adapting growth plans with North East Fund backing
Uploaded by Suzanne Smith in Recent Investments, Growth Capital Fund on February 2, 2021
A successful North East adaptive living business is going for growth after a change of ownership with the help of a six-figure investment from the North East Growth Capital Fund Supported By The European Regional Development Fund. Dolphin Stairlifts (North East) and Shape Adaptations have been bought by […]
Sub-surface testing firm going for growth with second NEL investment
Uploaded by Suzanne Smith in Recent Investments, Growth Capital Fund on January 25, 2021
An expanding County Durham ground investigation business is aiming to more than double its turnover over the next 12 months with the help of a second investment from the North East Growth Capital Fund Supported by the European Regional Development Fund. Exploration & Testing Associates (ETA) opened a […]
NEL Fund Managers becomes first regional member of Responsible Finance group
Uploaded by Suzanne Smith in NEL News on November 20, 2020
The North East longest-standing business investor has become the first locally-based firm to join a nationwide group that is working to ensure fair and affordable access to finance and build resilient economies around the UK. NEL Fund Managers has been granted membership of Responsible Finance, a growing national […]
Mesma eyes future growth with North East Fund investment support
Uploaded by Suzanne Smith in Recent Investments, Small Loan Fund on November 10, 2020
A specialist Wearside software developer is aiming to scale-up and more than double its client base after winning a six-figure investment from the North East Small Loan Fund Supported By The European Regional Development Fund. Mesma develops bespoke quality assurance and improvement software which enables clients in the technical […]
Big River Bakery’s investment needs met by NEL Fund Managers
Uploaded by Suzanne Smith in Recent Investments, Small Loan Fund on October 15, 2020
A unique community bakery is on the rise after winning a five-figure investment from the North East Small Loan Fund Supported by The European Regional Development Fund. Newcastle-based Big River Bakery is a social enterprise which specialises in slow ferment, handmade breads, savoury goods and sweet treats made with […]
Expanding Dunston craft brewery raising a glass to NEL investment support
Uploaded by Suzanne Smith in Recent Investments, Small Loan Fund on September 22, 2020
The growth plans of an ambitious North East craft brewery based in a famous location are coming to a head thanks to a five-figure investment from the North East Small Loan Fund Supported By The European Regional Development Fund. The Great North Eastern Brewing Company produces a growing range […]
Training programme hits triple figures and launches online to support SMEs post lockdown
Uploaded by Suzanne Smith in NEL News on September 2, 2020
A highly successful training partnership that has already supported 100 local business owners is getting ready to launch a new programme of fully funded training to help businesses emerge stronger from the impacts of the Covid-19 pandemic. NEL Fund Managers and MINT Business Club (then Digital Sparkles) first […]
HR Dept makes successful exit from first ever Small Loan Fund investment
Uploaded by Suzanne Smith in Success Stories on August 25, 2020
A South Tyneside-based business support specialist is looking to a brighter future after successfully completing its investment agreement with regional fund management firm NEL Fund Managers. The HR Dept Newcastle works with expanding companies across South Tyneside, Newcastle and Gateshead which don’t yet have their own senior in-house […]
NEL Fund Managers begins lending under Coronavirus Business Interruption Loan Scheme
Uploaded by Suzanne Smith in NEL News on July 23, 2020
The North East longest-standing business investor is looking to expand the number of regional firms with which it works after becoming an accredited provider for the Coronavirus Business Interruption Loan Scheme (CBILS). NEL Fund Managers has been accredited by the British Business Bank to provide loans of up […]
NEL warms to second investment request from Electek Solutions
Uploaded by Suzanne Smith in Recent Investments, Small Loan Fund on July 16, 2020
An award-winning County Durham renewable energy consultancy is scaling up its operations after securing a second investment from the North East Fund. Electek Solutions Limited (ESL) designs, specifies and installs electrical and mechanical renewable energy systems and solutions for businesses of all sizes and across all sectors, with […]