NEL Fund Managers becomes first regional member of Responsible Finance group
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 network of over 50 finance providers which […]
Mesma eyes future growth with North East Fund investment support
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 and vocational education sectors to gain insight […]
Big River Bakery’s investment needs met by NEL Fund Managers
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 British flours and local ingredients, and aims […]
Expanding Dunston craft brewery raising a glass to NEL investment support
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 of hand-crafted cask, keg and bottled beers […]
Training programme hits triple figures and launches online to support SMEs post lockdown
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 started working together in late 2018 when […]
HR Dept makes successful exit from first ever Small Loan Fund investment
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 personnel resources to ensure they meet their […]
NEL Fund Managers begins lending under Coronavirus Business Interruption Loan Scheme
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 to £250,000 to regional businesses that have […]
NEL Fund Managers and Northumbria University launch growth programme for North East health, wellness and social care sectors
A major new initiative to help North East businesses grow or expand into the health, wellness and social care delivery sectors is set to go live. Regional fund management firm NEL Fund Managers has joined forces with Northumbria University to set up the new Purposeful Health Growth Accelerator, which will offer practical support, advice and […]
NEL’s Yvonne Gale appointed to Small Business Commissioner’s national advisory board
A North East business investment expert has been chosen to serve on the national advisory board for the Small Business Commissioner’s Office. Dr Yvonne Gale is now acting as one of three independent advisors who provide leadership support and direction to the Office, which was set up in 2017 by the Department for Business, Energy […]
Nudge Education pushing for growth with North East Fund backing
An innovative North East firm which helps disenfranchised young people reengage with education is aiming to scale up and expand outside the region with the help of a five-figure investment from the North East Small Loan Fund Supported By The European Regional Development Fund. Nudge Education provides individualised intervention services which engage, educate and empower children and […]