north east growth capital fund Archive

Troo energising job creation plans with North East Fund backing

Uploaded by in Recent Investments, Coronavirus Business Interruption Loan Sceme, Growth Capital Fund on July 6, 2021

Sunderland based energy business, Troo, secured loan funding for expansion from the North East Growth Capital Fund managed by NEL Fund Managers


OneGym looking fit for the future as latest NEL investment supports Stockton gym opening

Uploaded by in Recent Investments, Growth Capital Fund on May 5, 2021

A County Durham-headquartered gym business is coming out of lockdown in good shape after opening its biggest ever fitness facility with the help of a six-figure investment from the North East Growth Capital Fund Loan Fund Supported By The European Regional Development Fund. OneGym has launched a new 20,000 […]


Ion creating careers for young North East recruits with first intake to new training programme

Uploaded by in Recent Investments, Growth Capital Fund on March 11, 2021

The first entrants to a new graduate academy programme set up by a North East business technology firm have started their training and taken jobs with the firm. ION Industries specialises in providing cloud accounting, billing and revenue delivery services to mid-market companies in a range of market […]


Gateshead civil engineers taking centre stage with second investment from North East Fund

Uploaded by in Recent Investments, Coronavirus Business Interruption Loan Sceme, Growth Capital Fund on March 4, 2021

A longstanding North East civil engineering firm is taking greater control of its future after winning a second investment from the £120m North East Fund. G&B Civil Engineering provides civil engineering, construction, drainage and maintenance services for a wide range of well-known public and private sectors organisations, as […]


Depend Group’s new owners adapting growth plans with North East Fund backing

Uploaded by in Recent Investments, Growth Capital Fund on February 2, 2021

A successful North East adaptive living business is going for growth after a change of ownership with the help of a six-figure investment from the North East Growth Capital Fund Supported By The European Regional Development Fund. Dolphin Stairlifts (North East) and Shape Adaptations have been bought by […]


Sub-surface testing firm going for growth with second NEL investment

Uploaded by in Recent Investments, Growth Capital Fund on January 25, 2021

An expanding County Durham ground investigation business is aiming to more than double its turnover over the next 12 months with the help of a second investment from the North East Growth Capital Fund Supported by the European Regional Development Fund. Exploration & Testing Associates (ETA) opened a […]


Alpha Process Controls and Aldona Seals launching scale-up plans with Growth Capital Fund backing

Uploaded by in Recent Investments, Growth Capital Fund on June 3, 2020

Two newly-independent County Durham engineering firms are aiming to scale up their operations after securing six-figure investments from the North East Growth Capital Fund Supported by the European Regional Development Fund. Alpha Process Controls and Aldona Seals were both recently acquired from the Knorr-Bremse Group, the German parent […]


NEL Fund Managers records busiest ever investment quarter

Uploaded by in NEL News on February 18, 2020

The North East’s longest-standing business investor has recorded its busiest ever quarter as it continues to grow its portfolio of ambitious regional investees. NEL Fund Managers made 27 investments across Tyne & Wear, Durham and Northumberland in the final three months of 2019 from the two elements of […]


North East fashion label designing major growth plans after £250,000 investment

Uploaded by in Recent Investments, Growth Capital Fund on February 10, 2020

An ambitious North East fashion label is scaling up after winning a six-figure investment from the North East Growth Capital Fund Supported by the European Regional Development Fund. Sports-contemporary and urban wear fashion brand Fresh Couture currently sells its growing product range through more than 50 retailers, including […]


Aspect Facades outstripping growth targets as second North East Fund investment lands

Uploaded by in Recent Investments, Growth Capital Fund on February 5, 2020

A high-end County Durham roofing business is going for even greater growth after achieving its initial two-year target inside 12 months. Aspect Facades secured a £50,000 North East Small Loan Fund investment through regional fund management firm NEL Fund Managers at the beginning of last year to support […]