NPIF II – NEL Smaller Loans makes a five-figure investment to OptiMe
NPIF II – NEL Smaller Loans which is managed by NEL Fund Managers as part of the Northern Powerhouse Investment Fund II (NPIF II) has announced a five-figure investment in OptiMe, a leading workplace wellbeing Software-as-a-Service (SaaS) platform and app focused on revolutionising mental health support for employees across the UK.
NEL Fund Managers strengthens board with Non-Executive Director appointments
The North East’s most active business investor has strengthened its senior team with the appointment of two experienced NED’s to its board.
Sapphire HR secures NPIF II investment to drive growth and seize market opportunities
An ambitious North East HR firm is rolling out its expansion plans with the help of a five-figure loan from NPIF II – NEL Smaller Loans Fund, which is managed by NEL Fund Managers as part of the Northern Powerhouse Investment Fund II (NPIF II).
NEL announces Paul Scott as new CEO as Jonathan Luke retires
The leadership team of the North East’s longest-standing business investor has made public its plans to drive the business forward with Paul Scott as the new chief executive officer (CEO).
North East marketing training company expands following NPIF II funding
A North East marketing and PR training company is looking to capitalise on its creative expansion plans following a loan from NPIF II – NEL Smaller Loans, which is managed by NEL Fund Managers as part of Northern Powerhouse Investment Fund II (NPIF II).
NPIF II completes first deal in Tees Valley with six-figure investment for specialist non-destructive testing firm
The Northern Powerhouse Investment Fund II (NPIF II) has completed its first investment in Tees Valley following the launch of the £660m fund in March this year.
NEL wins Alternative Finance Provider of the Year at the Insider Dealmakers Awards 2024
The NEL team are delighted to have won the Alternative Finance Provider of the Year award at this year’s North East Insider Dealmaker Awards.
Launch of the Northern Powerhouse Investment Fund II provides £660m boost for small businesses
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
Cramlington engineers’ growth plans backed by second North East Fund investment
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.