Insight
Think Eleven turning up the volume on scale-up plans
Uploaded by Suzanne Smith in Recent Investments, Small Loan Fund on February 19, 2019
A County Durham consultancy and software-as-service business is scaling up and creating new jobs with the help of a five-figure investment from the North East Small Loan Fund Supported By The European Regional Development Fund. Think Eleven specialises in optimising organisational performance through their expertise in training, competence, compliance […]
Cenelec takes on major contracts with Growth Capital Fund investment support
Uploaded by Suzanne Smith 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 […]
Steven steps onto career ladder with NEL
Uploaded by Suzanne Smith in NEL News on January 31, 2019
North East fund management firm NEL Fund Managers is investing in its own future with the appointment of Steven Hall to his first post-graduate role. Steven has joined NEL’s investment team as an investment associate after completing a Business & Economics degree at Northumbria University. His new role […]
Eminent Engineering extending expansion plans with £50,000 Small Loan Fund investment
Uploaded by Suzanne Smith in Recent Investments, Small Loan Fund on January 21, 2019
A Northumberland engineering firm is aiming to double its turnover within the next three years with the help of a £50,000 investment from the North East Small Loan Fund Supported By The European Regional Development Fund. Eminent Engineering provides bespoke design, fabrication and installation for a range of specialist […]
NEL’s busiest ever quarter takes value of investments from new funds past £2m mark
Uploaded by Suzanne Smith 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 […]
The North East Growth Fund receives national recognition for its impact on the economy
Uploaded by Suzanne Smith in NEL News on January 2, 2019
The Finance for Business North East Growth Fund, managed by NEL Fund Managers, has received national recognition for the positive impact it has had on the North East economy. The Fund was acknowledged as an impact award finalist by the Institute of Economic Development (IED), the UK’s leading […]
Growth Fund investments help North East firms bring extra £26.8m into region
Uploaded by Suzanne Smith in NEL News on December 21, 2018
Dozens of regional firms that secured investments from the Finance for Business North East Growth Fund have been able to use them to bring an additional £26.8m of capital investment into the regional economy. Research by NEL Fund Managers has revealed that businesses in receipt of finance from […]
Troynorth developing designs on growth with £30,000 Small Loan Fund investment
Uploaded by Suzanne Smith in Recent Investments, Small Loan Fund on December 13, 2018
A specialist Northumberland interior design business has sewn up a £30,000 investment from the North East Small Loan Fund Supported By The European Regional Development Fund to help it expand its product range, grow its turnover and bring in new customers. Troynorth supplies top quality trimmings, tie backs and […]
NEL Fund Managers signs Armed Forces Covenant in support of ex-service entrepreneurs
Uploaded by Suzanne Smith in NEL News on December 4, 2018
Regional fund management firm NEL Fund Managers has given its official backing to supporting ex-service personnel as they move into civilian life and new commercial roles. Having invested in a number of businesses set up and run by former military personnel, NEL has now become a signatory to […]
North Tyneside tech firm looking to clean up with small loan fund investment backing
Uploaded by Suzanne Smith in Recent Investments, Small Loan Fund on November 21, 2018
A North Tyneside technology firm is aiming to clean up right around the country after securing a £35,000 investment from the North East Small Loan Fund Supported By The European Regional Development Fund. Cleanily uses web and smartphone technology to connect independent cleaning professionals with people looking for […]