NEF is the holding fund manager of the Finance for Business North East (FBNE) programme, a suite of venture capital and loan funds which invested £160m in SMEs based in the North East of England from 201-2017. NEF is a private company which has been funded principally by the European Regional Development Fund, the European Investment Bank and the UK government. NEF is an investor in, and oversees the activities of, seven sub-funds which are now fully-invested and in their realisation phase.
The next few years remain critical to the overall success of the FBNE programme - with significant final loan repayments becoming due to the EIB and the imperative then to maximise the legacy of the programme, in terms both of the financial returns which can be reinvested in the North East and of the impact on businesses, entrepreneurs and employment in the region. NEF's board is seeking to appoint a new non-executive director who can help the company successfully achieve these objectives and who will assume a major role in the governance of the company as the terms of office of the current non-executive directors end during 2018.
The successful applicant will have experience at board level (as an executive or non-executive director) in a venture capital or private equity business and / or a track record in corporate finance, investment banking or broking and strong networks with key players in the SME investment sector. Please download the information for Applicants and Application Form for further details.
North East Finance is committed to equality in terms of gender, disability, culture and ethnicity.
The closing date for applications is noon on Friday 25th August 2017.
Please click here for the information for Applicants and Application Form