NEL Fund Managers

NEL Fund Managers, established in 1989, is a Gateshead-based, employee-owned fund management company. It specializes in providing tailored, unsecured funding solutions to small and medium-sized businesses across the North East of England. With over £90 million under management across eleven funds, NEL has supported over 200 regional companies in the last five years, fostering economic growth and job creation.

Yvonne Gale

CEO and Member of Advisory and Decision Committee

Jonathan Luke

CEO

7 past transactions

OptiMe

Grant in 2025
OptiMe Ltd offers workplace wellbeing consulting and a wellbeing app to enhance employee satisfaction and productivity.

Deep North

Debt Financing in 2024
Deep North operates as an independent coffee and doughnut shop.

Cenelec Standards Inspections

Debt Financing in 2023
Cenelec Standards Inspections Limited, founded in 1982 and based in Cramlington, United Kingdom, specializes in hazardous area inspection and maintenance services. The company offers a comprehensive range of services, including initial and ongoing inspections of electrical and non-electrical equipment for hazardous areas, periodic fixed wire testing, and equipment maintenance and repair. Additionally, Cenelec provides rig compliance services, circuit breaker testing, and non-electrical compliance support. Its expertise extends to area classification assessments, fire system inspections, HVAC control systems, and emergency lighting services. The company also emphasizes training, offering technical courses for tradesmen and management focused on safety standards in potentially explosive environments. Cenelec serves a diverse clientele in the oil and gas, chemical, and pharmaceutical industries, both domestically and internationally.

Advertise1

Seed Round in 2020
Advertise1 is an idea which came around in April 2015, with inspiration from a few employers and friends, and then ideas were put together. As time went on, and idea was then expanded, the name was decided whilst drinking a cup of tea, and the logo then followed on from that. Now it is the website to expand out and get the name out there.

Electek Solutions

Debt Financing in 2020
Electek Solutions is combining traditional infrastructure and engineering expertise with the latest developments in cloud-based remote management.

Nudge Education

Debt Financing in 2019
Nudge Education specializes in providing tailored educational interventions for disengaged children and young adults, helping them re-engage with learning and achieve lasting academic success. The company caters to individuals facing various barriers to education, such as chronic diseases, social, emotional, or behavioral challenges, and offers support for entry exam preparation and academic ambition enhancement.

Electek Solutions

Debt Financing in 2018
Electek Solutions is combining traditional infrastructure and engineering expertise with the latest developments in cloud-based remote management.
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