NEL Fund Managers Helping Property Repair Firm Build for the Future
A North East firm which manages home emergency property insurance claims is aiming to win more, bigger and better contracts after putting expansion plans into action with the help of new outside investment. Preferred Management Solutions Ltd (PMS) is a full-service reactive maintenance and building services company, and works with property management businesses, insurance firms, […]
Apprenticeships Make Perfect Business Sense
We’ve all heard plenty on the governments push for SMEs to take on apprentices. It makes sense of course – allowing smaller businesses to increase their workforce at minimal cost, whilst in turn reducing the overall unemployment rate of young people. Yet, from our conversations with some of the North Easts most ambitious SMEs, we […]
ID Partnership Exits Growth Fund Investment with Plans to Build for the Future
A long-standing North East architecture practice has praised the impact of outside capital on the speed and breadth of its development after completing the investment period. In 2012, The ID Partnership-northern worked with regional fund management firm NEL Fund Managers to bring in a £150,000 investment from the Finance For Business North East Growth Fund, […]
Lonely at the Top?
It is often said in business that it’s lonely at the top. At NEL, we often talk to businesses that have one or two directors who founded a company and have grown it by trying to do as much as possible themselves. As the business grows they find themselves stretched thinner and thinner until a […]
Growth Fund Investments Pass £25M Landmark
After providing around £5m of development capital to regional businesses during 2015, the total value of investments made by fund management firm NEL Fund Managers from the Finance for Business North East Growth Fund has now passed the £25m mark. Since the fund launched in early 2010, NEL has made 125 investments from it with […]
ATAG Ties Up Second Growth Fund Investment to Support New Service Development
A County Durham cable manufacturer is putting expansion plans into action with the help of a second investment from the Finance For Business North East Growth Fund after turning a threat to the company into an opportunity. ATAG Cable Solutions designs, manufactures, tests and supplies a wide range of high quality, high performance reliable cables […]
Mighty Business Oaks Grow from Small Acorns
The Journal’s recent 2015 North East Business Executive of the Year Awards dinner brought together a stellar cast of regional business luminaries who are driving the commercial success of many of our best-known firms. They are responsible for the employment of many hundreds, if not thousands, of people in the North East and elsewhere, for […]
Formula Plastics Exits Successful NEL Investment with Eye on Further Growth
A County Durham injection moulding firm is aiming for further expansion after more than doubling its turnover through the five-year term of a Finance for Business North East Growth Fund investment. Formula Plastics manufactures a range of components which are used in vehicles made by some of the best-known names in the automotive industry, including […]
Exporting for Growth
As businesses continue to strive towards expansion, and especially now that we have the technology in place to allow ease of communications across the globe, now is a great time to look towards developing, or extending upon, your exporting strategy. As it stands, the North East is leading the UK in selling our goods and […]
Getting your Hands on the Export Ball
The three Rugby World Cup fixtures held in Newcastle earlier this month provided a truly unforgettable spectacle, and its legacy is hopefully going to be much more than just a sporting one. High profile trade delegations from both New Zealand and South Africa took the opportunity to visit the North East with the aim of […]
