NEL’s busiest ever quarter takes value of investments from new funds past £2m mark
Regional fund management firm NEL Fund Managers is bouncing into the new year on the back of its busiest ever quarter. Nineteen investments worth a combined £1,185,000 were completed by NEL in businesses during October, November and December 2018 from the two funds that it manages which are part of the overall £120m North East […]
Troynorth developing designs on growth with £30,000 Small Loan Fund investment
A specialist Northumberland interior design business has sewn up a £30,000 investment from the North East Small Loan Fund Supported By The European Regional Development Fund to help it expand its product range, grow its turnover and bring in new customers. Troynorth supplies top quality trimmings, tie backs and accessories to the interior design and decoration […]
Ion wins £50,000 Small Loan Fund investment to support scale-up plans
A North East business technology firm is aiming to scale up and double its workforce after winning a £50,000 investment from the new North East Small Loan Fund Supported By The European Regional Development Fund. ION uses advanced enterprise cloud technologies and bespoke business transformation services to help its clients expand by improving their sales […]
Carolyn returns to NEL to lead search for North East Fund investees
An experienced business development professional has rejoined North East fund management firm NEL Fund Managers to help identify even more regional firms in which it can invest. Carolyn McGregor is now responsible for helping to generate a strong pipeline of investment opportunities for NEL from ambitious regional companies, and for building relationships with key intermediaries, […]
