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 […]
NEL Fund Managers passes £100m investments value landmark
The North East’s longest-standing business investor has taken the total amount it has invested in growing regional companies past the £100m mark. NEL Fund Managers has made 847 investments across the North East since being set up in 1989, helping to create and secure thousands of jobs within hundreds of companies along the way. Since […]
£500,000 investment secures growth plans for Bastion
Newcastle based Bastion Security Products – a government and MoD-approved supplier of industry-leading physical security systems – has secured a £500,000 investment from the North East Growth Capital Fund Supported by the European Regional Development Fund to support rapid business growth and the creation of up to 20 new jobs. Bastion, which has been providing […]
Thirty years of North East business investment for NEL Fund Managers
The North East’s longest-standing business investor is celebrating after completing three decades of investing in growing regional companies. NEL Fund Managers has made 826 investments across the North East worth a total of £98.4m since being set up in 1989, and has helped to create and secure thousands of jobs within hundreds of companies. After […]
Impact investing since 1989
NEL Fund Managers is an employee owned fund management company, specialising in achieving blended returns and positive impact for our investors. The place-based economic generation funds that we’ve managed over the years, have varied in geography and although our main focus has been on the North East of England, we have partnered to invest funds […]
NEL partnering with ‘If We Can You Can’ Challenge to help more firms get investment ready
Regional fund management firm NEL Fund Managers is launching a new partnership with the If We Can You Can Challenge to help more North East businesses get themselves ‘investment ready’. The initiative will see the two partners holding a series of events right through the year which will provide support and mentorship opportunities for entrepreneurs […]
Cenelec takes on major contracts with Growth Capital Fund investment support
A North East hazardous area inspection firm has won major contracts in the oil & gas and utilities sectors with the help of its latest investment from NEL Fund Managers. Cenelec Standards Inspections Ltd (CSI) helps companies operating in potentially explosive onshore and offshore environments, such as oil rigs and refineries, distilleries and chemical plants, […]