Patrick Parsons praises NEL investment impact as it plans next stages of growth
A thriving North East consulting engineering business has praised the impact on its development of its decade-long relationship with regional fund management firm NEL Fund Managers after exiting its final investment agreement with them. Newcastle-headquartered Patrick Parsons Consulting Engineering worked with NEL in 2011 to secure a £250,000 investment from the Finance For Business North […]
Clifford James Consultants in Top Gear After Growth Fund Investment Exit
A Northumberland firm that specialises in a niche area of motoring and insurance law is in the fast lane towards becoming a UK-wide operator after exiting from a six-figure investment from the Finance For Business North East Growth Fund. Clifford James Consultants Ltd (CJC) is one of the UK’s market leaders in the provision of […]
Sadler Brown Designs on New Markets Backed by Growth Fund Investment
An ambitious North East architects’ practice is hoping to build on the success it’s enjoying both at home and abroad by breaking into a range of new markets. Over the last two years, Sadler Brown has seen its headcount increase from eight people to 28 as it has won a number of major new design […]
NEL’s Yvonne Called in as Advisor on £500m UAE Innovation Fund
A North East investment expert has been appointed to a panel of worldwide advisors who will work with the United Arab Emirates’ government on the investment of a new £500m innovation fund. Dr Yvonne Gale, chief executive at NEL Fund Managers, is one of 11 members of the Advisory & Decision Committee that has been […]
A Meeting With: Jane Siddle, Investment Executive at NEL Fund Managers Limited
Investment executive Jane Siddle on the things she enjoys about her job and her life outside of work. What is the best thing about your job? I’m in a very fortunate position at NEL in that I’m given a constant opportunity to meet inspiring SME owner managers. The ability to help them through the investment […]
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, […]
No (Wo)Man is an Island
I’m sure everyone running their own business at times feels the isolation of the big job. In fact, recent research by Close Brothers Asset Management shows that many business owners lie awake fretting about how best to develop their business. Underlying this problem is that so few business owners have the luxury of a full management team […]
