north east growth capital fund Archive

Positive Futures scaling up with Growth Capital Fund investment

Uploaded by in Recent Investments, Growth Capital Fund on October 16, 2019

A North East training company is aiming to scale up its operations with the help of a six-figure investment from the North East Growth Capital Fund Supported by the European Regional Development Fund. Positive Futures (NE) works with a range of local authorities and further education colleges across […]


NEL Fund Managers passes £100m investments value landmark

Uploaded by in NEL News on October 1, 2019

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 […]


£500,000 investment secures growth plans for Bastion

Uploaded by in Recent Investments, Growth Capital Fund on September 18, 2019

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 […]


Thirty years of North East business investment for NEL Fund Managers

Uploaded by in NEL News on July 4, 2019

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 […]


Offshore engineering firm expands following management buy out

Uploaded by in Recent Investments, Growth Capital Fund on June 17, 2019

A North East-based offshore engineering firm has expanded and rebranded following an impressive 12 months of growth and a management buy-out. Fabricom Offshore Services, which has a history spanning over 30 years, was a subsidiary of French energy group Engie until it became Quanta Fabricom following its acquisition […]


Cenelec takes on major contracts with Growth Capital Fund investment support

Uploaded by in Recent Investments, Growth Capital Fund on February 6, 2019

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 […]


NEL’s busiest ever quarter takes value of investments from new funds past £2m mark

Uploaded by in NEL News on January 7, 2019

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 […]


NEL passes £1m mark for investments from new funds

Uploaded by in NEL News on August 23, 2018

The total value of investments made by regional fund management firm NEL Fund Managers from the two new funds it is managing has gone past the £1m mark in just a few months. NEL is the only fund management firm to be awarded two of the five funds […]


Seminar programme to help regional SMEs access North East Fund investments

Uploaded by in NEL News on July 9, 2018

A leading North East Law firm has partnered with a regional fund management firm to offer free business support which will help SMEs access investments from the new North East Fund Supported by the European Regional Development Fund. PG Legal has teamed up with NEL Fund Managers to […]


Carolyn returns to NEL to lead search for North East Fund investees

Uploaded by in NEL News on June 25, 2018

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, […]