Business Development Role Within the Green New Deal Fund (GNDF) in the North Of Tyne

Descriptions

The NTCA has established a Green New Deal Fund (“GNDF”) to catalyse investment in green growth. Committing £9m over the next three years, this fund will form a mechanism to stimulate innovation and business growth in the areas of heat decarbonisation, energy efficiency, renewables, energy systems, low carbon transport and natural capital. The focus of the GNDF is to support the ‘green growth economy’ by, prioritising projects which can deliver significant carbon reductions as well as supporting new industry and jobs in areas where emissions reductions are most needed.In June 2021, the NTCA announced, under Delegated Decision, the appointment of Amber Fund Management Limited (“AFML”), a sister company of Amber Infrastructure Limited (“Amber”) to act as Fund Manager for the GNDF. As part of Amber’s expression of interest for the GNDF, Amber proposed to appoint a business development partner to assist with the delivery of the GNDF.A partner with knowledge of the local business ecosystem is required to support the Green New Deal Fund Limited Partnership (“GNDF LP”) in a Business Development role (“BD Partner”). The BD Partner must have premises with the ability to host up to a maximum of 1.5 FTE members of the Amber team within the region, as well as meeting space to host local clients. The selected BD Partner will support Amber in a business development and origination capacity and will be required to source, manage and review applications from eligible organisations including SMEs and public sector bodies including local authorities, housing associations, education bodies, the NHS and community partnerships for the GNDF.The BD Partner will actively engage with Amber and provide support to ensure the deployment of the Fund, in accordance with the NTCA’s requirements, will meet the desired outcomes and will manage a diversified portfolio of clients and pipeline proposals. In addition, the BD Partner will indicate if they are able to leverage private and/or public funding through co-financing options alongside the NTCA’s £9 million investment. The BD Partner will support Amber in providing a flexible investment strategy that will encourage regional business growth and employment in the low carbon supply chain, provide match funding of last resort to low carbon capital projects that can demonstrate significant jobs impacts, and run relevant exercises such as Expressions of Interest and/or technology challenges to stimulate pipeline development.