Nel Growth Fund
Type
Size
Area
Target
Availability
Equity and Loan stock
£50,000 to £500,000
Region-wide
Early stage, high growth, knowledge-based SMEs or SMEs requiring expansion capital
On-Going
What type of funding does it offer?
Size of Deals
£50,000 and £350,000 in the first instance with the potential of follow on funding up to a maximum of £500,000.
In which area is the fund available?
North East England.
Who can apply?
Businesses which require growth capital or expansion capital, are no more than 24 months from projected profitability and can service a level of debt within 12 months.
Where can I get more information?
Duncan Lowery
NEL Capital
Earls Court
5th Avenue Business Park
Team Valley Trading Estate
Gateshead
Tyne & Wear
NE11 OHF
Tel: 0845 111 1852
Email: Duncan.lowery@nel–capital.co.uk
Supporting Documents and Downloads
Nel Growth Fund [pdf]
(28 KB)
