NEL Fund Managers doubles maximum investment value for Small Loan Fund
The maximum amount available to North East SMEs from a £9m investment fund has been doubled by the region’s longest-standing business investor. NEL Fund Managers is responsible for investing the £9m North East Small Loan Fund, which usually offers loans of up to £50,000, and is designed to assist with the creation of over 1,200 […]
Youth Sport Nutrition hoping for healthy growth with Small Loan Fund investment
A specialist sports nutrition business set up by two former Newcastle United coaches is aiming for a healthy increase in its turnover after securing a five-figure investment from the North East Small Loan Fund Supported By The European Regional Development Fund. Youth Sport Nutrition spent two years developing Pro-Teen, the world’s first fortified recovery shake specifically developed for young […]
NEL splashes out with £30,000 investment in water tank installation specialist
A specialist construction company is aiming to make an even bigger splash within its industry after securing a five-figure investment from the North East Small Loan Fund Supported By The European Regional Development Fund. GWSS specialises in the installation, removal, maintenance and repair of large sectional water storage tanks, which range from one thousand to one […]
Angell Petco taking the lead with Small Loan Fund investment backing
A successful online dog food retailer has fetched a five-figure investment from the North East Small Loan Fund Supported By The European Regional Development Fund to help it put scale-up plans into action. Angell Petco sells its own brand range of natural healthy premium dog food, as well as private label healthy natural treats and salmon […]
Gateshead video production company focussed on growth after Small Loan Fund investment
A successful North East video production company founded by two schoolfriends is ready to roll after securing a five-figure investment from the North East Small Loan Fund Supported By The European Regional Development Fund. YourFilm produces TV and cinema commercials, promotional videos and training films for a wide range of well-known clients, including Nissan, Tombola, Intu […]
Father and son’s high-end bike brand hitting the road with second NEL investment
A successful boutique bike brand run by a North East father and son team is hitting the road after securing its second investment from regional fund management firm NEL Fund Managers. Ian and Trevor Hughes launched their first custom-built bike under the Vielo Sports brand in 2018 after securing a £250,000 Finance For Business North […]
NEL Fund Managers records busiest ever investment quarter
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 the £120m North East Fund Supported by […]
District V fit for new year growth challenge after move to bigger gym premises
The future of a community fitness facility founded by friends from a Northumberland village is looking great thanks to a five-figure investment from the North East Small Loan Fund Supported By The European Regional Development Fund. District V opened in April last year in 700 sq ft premises at the Whitehouse Farm Business Centre near Morpeth, […]
NEL speaks Papillon Translations’ language with £50,000 Small Loan Fund investment
A successful North East translation service is putting its language skills to wider use with the help a five-figure investment from the North East Small Loan Fund Supported By The European Regional Development Fund. Papillon Translations has spent over four years developing an easy-to-use app that can provide commentary in a range of languages in locations […]
Nudge Education pushing for growth with North East Fund backing
An innovative North East firm which helps disenfranchised young people reengage with education is aiming to scale up and expand outside the region with the help of a five-figure investment from the North East Small Loan Fund Supported By The European Regional Development Fund. Nudge Education provides individualised intervention services which engage, educate and empower children and […]