Impact

At NEL, we are committed, not only to strengthening our economy by investing in the future of ambitious SMEs, but also by conducting ourselves in an ethical and responsible manner and doing our bit to support the wider community. You can read what we have been up to in this regard in NEL’s very first Social Impact Report.

Impact Investing

NEL commits itself to growing the region’s economy by investing in ambitious growing businesses which are creating and safeguarding jobs, increasing trade and attracting private investment. Through the North East Growth Fund alone, we’ve made over 140 investments, directly impacting over 1,800 North East jobs and attracting over £26.5m of additional private investment to the region.

Since NEL was founded in 1989 we’ve managed 13 investment funds with a combined value of over £90m. In that time, we have acheived great success in helping to combat a huge range of challenges, both directly through investment in businesses to support job creation for example, and indirectly by providing the funds needed by businesses to either establish or expand the pioneering work they do to make our world a better place. You can read about some of these businesses in our Impact Report.

Investing in the Future of Enterprise

We’re passionate about business and have committed ourselves to investing in the future of enterprise within the North East of England.  This year we have partnered with the amazing  If We Can You Can Challenge 2019 to assist in our objective of supporting the development of the next generation of entrepreneurs. The If We Can You Can Challenge is a startup business competition open to any North East startup or business idea less than 3 years old. Now in its 11th year, the competition has helped hundreds of entrepreneurs reach the next level. Whether you’re looking for confidence, contacts or customers, enter your startup now and make it happen!

Responsible Business

NEL prides itself on its strong core values. Values play a vital role in ensuring the team have a shared ethical approach to intelligent fund management. They underpin our recruitment, training, development and delivery, and ensure that NEL is entirely trustworthy and open in all aspects of business.

We adhere to the CFA Institute Code of Ethics and lead by example in our practices to encourage the businesses we work with to act responsibly. We see day-to-day the problems that SMEs face and adapt our business processes in reaction. We’re proud supporters of the Payfair Campaign for example, and have pledged our ongoing commitment to solving this problem by joining the Prompt Payment Code.

Environmental Sustainability

NEL is committed to minimising the environmental impacts of our business operations through continuous monitoring and improvement. Our endeavours for environmental sustainability extend further by our commitment to only invest in businesses with a positive environmental approach. We are especially keen to speak to businesses looking for funding to strengthen their environmental policies and contribute towards environmental sustainability.