Finance for Business North East Growth Fund (NEGF)
Delivered by NEL Fund Managers Limited
The North East Growth Fund has been set up to help ambitious companies that want to expand and create new jobs across the north east of England to achieve their goals.
The Growth Fund can invest by way of unsecured loans, mezzanine or equity to help ambitious companies that are looking to expand and create new jobs across the North East to achieve their goals.
Investments are usually from £50,000 to £400,000. Relatively mature companies at development and growth stages in most sectors are eligible to apply to the Growth Fund, although there are a number of exclusions.