Insight
Training programme hits triple figures and launches online to support SMEs post lockdown
Uploaded by Suzanne Smith in NEL News on September 2, 2020
A highly successful training partnership that has already supported 100 local business owners is getting ready to launch a new programme of fully funded training to help businesses emerge stronger from the impacts of the Covid-19 pandemic. NEL Fund Managers and MINT Business Club (then Digital Sparkles) first […]
HR Dept makes successful exit from first ever Small Loan Fund investment
Uploaded by Suzanne Smith in Success Stories on August 25, 2020
A South Tyneside-based business support specialist is looking to a brighter future after successfully completing its investment agreement with regional fund management firm NEL Fund Managers. The HR Dept Newcastle works with expanding companies across South Tyneside, Newcastle and Gateshead which don’t yet have their own senior in-house […]
North East’s first urban winery toasts Fortnum & Mason listing
Uploaded by Suzanne Smith in Success Stories on August 11, 2020
A new vintage from the North East’s first urban winery has taken its place alongside some of the world’s best-known labels in a landmark London location. The 2019 Bacchus white produced by Team Valley-based Laneberg Wine is now being stocked by Fortnum & Mason at its flagship Piccadilly […]
Million pound investment to help sub-surface testing firm lay down foundations for growth
Uploaded by Suzanne Smith in Recent Investments, Growth Capital Fund on July 30, 2020
An ambitious County Durham ground investigation business has secured a one million pound investment package to help support its growth ambitions. Exploration & Testing Associates (ETA) has established a new state-of-the-art materials testing laboratory at its head office in Bowburn from which it is working with a growing […]
NEL Fund Managers begins lending under Coronavirus Business Interruption Loan Scheme
Uploaded by Suzanne Smith in NEL News on July 23, 2020
The North East longest-standing business investor is looking to expand the number of regional firms with which it works after becoming an accredited provider for the Coronavirus Business Interruption Loan Scheme (CBILS). NEL Fund Managers has been accredited by the British Business Bank to provide loans of up […]
NEL warms to second investment request from Electek Solutions
Uploaded by Suzanne Smith in Recent Investments, Small Loan Fund on July 16, 2020
An award-winning County Durham renewable energy consultancy is scaling up its operations after securing a second investment from the North East Fund. Electek Solutions Limited (ESL) designs, specifies and installs electrical and mechanical renewable energy systems and solutions for businesses of all sizes and across all sectors, with […]
NEL Fund Managers and Northumbria University launch growth programme for North East health, wellness and social care sectors
Uploaded by Suzanne Smith in NEL News on July 9, 2020
A major new initiative to help North East businesses grow or expand into the health, wellness and social care delivery sectors is set to go live. Regional fund management firm NEL Fund Managers has joined forces with Northumbria University to set up the new Purposeful Health Growth Accelerator, […]
Expert baker Leanne finally set to open the doors to Elsie’s Kitchen
Uploaded by Suzanne Smith in Recent Investments, Small Loan Fund on July 3, 2020
A talented South Tyneside baker is finally set to open the doors to her new shop after a three-month delay caused by the pandemic. Leanne Cummings set up dessert delivery service Elsie’s Kitchen two years ago, making a range of different cakes and puddings in the kitchen of […]
New Horizon Marketing scaling up with Small Loan Fund investment support
Uploaded by Suzanne Smith in Small Loan Fund on June 18, 2020
A North East digital marketing and advertising firm is aiming to scale up its operations with the help of a five-figure investment from the North East Small Loan Fund Supported By The European Regional Development Fund. New Horizon Marketing delivers organic and paid-for search campaigns for a range of […]
Alpha Process Controls and Aldona Seals launching scale-up plans with Growth Capital Fund backing
Uploaded by Suzanne Smith in Recent Investments, Growth Capital Fund on June 3, 2020
Two newly-independent County Durham engineering firms are aiming to scale up their operations after securing six-figure investments from the North East Growth Capital Fund Supported by the European Regional Development Fund. Alpha Process Controls and Aldona Seals were both recently acquired from the Knorr-Bremse Group, the German parent […]