OneGym Strengthens Teesside Presence With Latest Growth Fund Investment
A successful County Durham-headquartered fitness business is going from strength to strength after opening its latest gym on Teesside. OneGym has added a 12,000 sq ft fitness facility on the border on Ingleby Barwick and Thornaby to its existing successful branches in Bishop Auckland, Newton Aycliffe and Redcar. Brothers Paul and David Pearson set up […]
Returns from Growth Fund Investments Pass £20M Landmark
The financial returns received so far on regional investments made by fund management firm NEL Fund Managers from the Finance for Business North East Growth Fund has surpassed the £20m mark well ahead of schedule. Since the Growth Fund launched in early 2010, NEL has made 146 investments from it worth a total of £30m, […]
e2E Looking To Take Off With Growth Fund Investment Support
The North East is set to provide the launch pad for new market-leading miniaturised satellite technology thanks to a six-figure investment from the Finance For Business North East Growth Fund. e2E Satcom Ltd will be creating up to 19 North East jobs over the next three years as part of the commercialisation of its NEATaccess […]
Mike Heads Home to Boost NEL Fund Managers’ Investment Team
A North East finance professional has come home to join regional fund management firm NEL Fund Managers’ investment team. Mike Guellard has joined the Newcastle-based firm as an investment executive, and is now part of the team working with businesses looking for investments from the Finance For Business North East Growth Fund that NEL manages, […]
Contact Centre Software Developer Dials in to Win £300,000 Growth Fund Investment
A specialist North East software developer is looking to expand both at home and overseas after bringing in a six-figure investment from the Finance For Business North East Growth Fund. EvaluAgent designs software solutions for contact centres which use ‘gamification’ techniques to help ensure customers receive the best possible standards of service while also keeping […]
New Contracts put Bounce in Jump Management Team’s Step
The management team at an ambitious digital brand strategy and design agency is jumping for joy after picking up a succession of new contracts. Newcastle-based JUMP offers the full range of creative design and digital commerce services to a growing roster of regional and national clients, including the National Trust, Newcastle University, Northumberland development company […]
NEL Fund Managers Forges Long-Term Partnership with The Prince’s Trust
The North East’s most active business investor has forged a new, long-term partnership with The Prince’s Trust to help support the development of the next generation of regional entrepreneurs. NEL Fund Managers will be supporting The Trust’s regional activities through a range of practical initiatives, which will be designed to have a positive impact on […]
Bespoke Investment to Help High-End Bike Brand Make Tracks
A father and son team is riding high after attracting a six-figure investment from the Finance For Business North East Growth Fund to help widen the reach of their high-end cycling business. Ian and Trevor Hughes are the management team behind Vielo Sports Ltd, the sole UK distributor for the specialist German road and mountain […]
Seizing the Opportunities of Brexit – Part 2
In this series of blogs, we will address some of the issues faced by growing owner managed businesses in the brave new world of the UK leaving the EU. What the future holds remains uncertain, however there’s steps you can take to ensure your business is ready to adapt where and when it needs to. […]
Seizing the Opportunities of Brexit – Part 1
In this series of blogs, we will address some of the issues faced by growing owner managed businesses in the brave new world of the UK leaving the EU. What the future holds remains uncertain, however there’s steps you can take to ensure your business is ready to adapt where and when it needs to. […]