Insights.

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A six-figure investment from the North East Growth Capital Fund supported by The European Regional Development Fund is set to help a North East drainage specialist quadruple its turnover in the next four years by extending the use of its bespoke pipe-cleaning technology. Green Spark Utility Services provides a range of solutions to clients’ environment challenges, preventing pollution issues arising on their sites and helping to ensure compliance with their environmental and regulatory responsibilities.
A growing Northumberland engineering business has opened up a new revenue stream with the backing of a second investment from regional fund management firm NEL Fund Managers. Advanced Composites Engineering manufactures premium quality composite tubing for businesses across a wide range of sectors, from defence and aerospace through to sports equipment, marine and other commercial and industrial applications.
An award-winning North East cash management firm is ready for the next stage after securing a six-figure investment from the Growth Capital Fund
North East estate and lettings agent My Property Box is casting its eyes outside the region after securing a six-figure investment from the North East Growth Capital Fund.
The North East’s longest-standing business investor has completed its busiest ever year after making investments in regional firms worth a total of almost £5.9m. NEL Fund Managers completed 62 separate investments in businesses across Tyne & Wear, Northumberland and County Durham during 2022, topping last year’s previous record total by just under £250,000.