Role: 1044 - APPLY FOR ROLE

Non-Executive Director (Non Exec) required with a background in Aerospace

The company is looking to strengthen their Board with the appointment of two Non-Executive Directors to contribute to the growth of the company.

We are also seeking a 2nd Non Exec with Shipping and/or Ship Technology experience.

The Non-Executive Directors will be encouraged to become a shareholder in the Company to align the incoming Non Exec’s interest with that of the existing Directors who are already shareholders.

Business Concept:

  • Our client was formed in 2015 to exploit a remarkable invention in the fields of marine propulsion and jet engine technology.
  • The technology is unique and highly disruptive, putting our client in the position to fully capture its target markets.
  • The first patent was published in 2016.
  • They have already raised £225k to fund development and further investment is required to complete work with the universities, further development of the patent applications internationally, and commercialisation.
  • The International Maritime Organisation and EU are introducing stricter regulations³ governing marine noise pollution in the next two years and our client’s technology addresses this pressing need highly effectively

 

Non-Exec Director Role/Requirements/Expertise:

  • A successful entrepreneur
  • A background in Aerospace. Jet engines experience would be an advantage.
  • Experience of working with start-up companies
  • An interest in marine/boating
  • It is expected that the role will require approximately 2 days per month – more in the early stages.
  • The Non Exec will be encouraged to become a shareholder in the Company to align the incoming Non Exec’s interest with that of the existing Directors who are all shareholders. The company is registered for the EIS scheme which provides 30% tax relief and up to 100% capital gains relief subject to status.

 

This role will close on Friday 13th April 2018

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