Industrial Development Advisory Board, Member

Body: Department for Business, Energy and Industrial Strategy
Appointing Department: Department of Business, Energy and Industrial Strategy
Sectors: Business, Finance & Skills, Science & Technology
Location: London, or virtual for the foreseeable future
Skills required: Major Projects, Transformation
Number of Vacancies: 1
Remuneration: No
Time Requirements: Board members commit approximately two days per month to reading papers and attending IDAB meetings.

Campaign Timeline

  • Competition Launched

    15/09/2021

  • Closed for Applications

    31/10/2021

  • Panel Sift

    01/11/2021

  • Final Interview Date

    22/11/2021

  • Announcement

    December/January

 

Assessment Panel

Vacancy Description

The Industrial Development Advisory Board (IDAB) advises Ministers on applications from companies proposing to start capital investment projects in the Assisted Areas in England and who have applied for regional selective assistance under the Grant for Business Investment scheme or the Regional Growth Fund. The Board also reviews funding over £5m that is using Section 7 or 8 of the Industrial Development Act (IDA).

As a member of the Industrial Development Advisory Board (IDAB), you will have a statutory role of advising Government Ministers on whether financial support should be provided to UK businesses.  

Board Members have both statutory and non-statutory responsibilities. Their role is to bring independent oversight, support and constructive challenge to proposals on financial support for industry. The Board advises the Secretary of State for BEIS on large business/ industrial investment and intervention decisions being considered by the Government (specifically under sections 7 & 8 of the Industrial Development Act 1982).   

Government departments may also wish to use the skills and expertise of IDAB Members and the independent review role the Board provides. In this instance, the Board Member may be asked to provide commercial and financial advice to large commercial projects that fall outside IDAB’s statutory remit (e.g. launch investment cases) where the Department considers that the Member’s expertise would enable the project to improve its decision making. For this reason, we are seeking Members with an appreciation of the Government’s strategic intent and programmes, including economic recovery, green growth, net zero and levelling up, specific sector deals and the Digital Strategy.  

Person Specification

Essential criteria 

It is essential that candidates demonstrate: 

  • A strong record of success in chosen field;  
  • Working knowledge of corporate and investment finance;  
  • Ability to analyse complex situations and draw reasonable conclusions;  
  • Experience of working on a Board, in the public or private sector;  
  • Collaborative mindset and ability to work as part of a team to achieve objectives.  

Desirable criteria 

It is desirable that candidates demonstrate: 

  • Knowledge and experience of working on regeneration, property development, or construction projects, particularly in relation to transformational change and service improvements;  
  • Experience in the finance industry.  

How to Apply

Your application is submitted in two parts.

Both parts must be submitted by 23:00 on 31 October 2021 in order for your application to be considered complete. Applications which are incomplete or received after this date will not be considered.

Part one: CV and Statement of Suitability

  • One document combining a two-page statement of suitability and two-page CV (no more than four sides of A4 in total). The key to a good application is to give the reader specific information about how you meet the criteria for appointment. Think about your knowledge, skills, experience and personal attributes, and take full advantage of the space available. Provide practical evidence that best demonstrates how you meet the essential criteria.
  • Send to Joshua Sweet at publicappointments@beis.gov.uk with ‘IDAB, Member’ in the subject heading.

Part two: Diversity Monitoring and Conflict of Interest Form.

Attachments
BEIS-Public-Appointments-Privacy-Notice-3
IDAB Member - Candidate Pack

This post is NOT regulated by The Commissioner for Public Appointments.

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