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.
NEL Fund Managers Completes Record Investment Year
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
Jonathan steps up into top job at NEL Fund Managers
