We have an opportunity for a Head of Business Development at Big Issue Invest (BII) to play a key role in the delivery of BII’s new strategy to achieve our 2020 mission statement.
Our strategy focuses on backing human potential through impact-first investing, pushing for social equality and providing more than money to our investees and the social sector.
The Head of Business Development will be responsible for bringing new fundraising, income development and partnership opportunities for BII to deliver this strategy. This includes identifying and pursuing business development opportunities and delivering applications to funders, investors and strategic partners to engage with new products being developed by BII.
These products include new impact investing funds, blended finance projects combining repayable finance and grant capital and accelerator projects for social enterprises. The Head of Business Development will work with the key investment and impact team members in the design and funding of these new opportunities and will also have the opportunity to develop our current fundraising systems to best practice.
This role is ideal for a candidate looking to contribute to shaping the future of a leading impact investor in the UK. The successful candidate will be driven to engage with the development of new funds and projects and to ensure these are successfully communicated to potential supporters of Big Issue Invest
Main duties of the Head of Business Development include:
- Cultivating a pipeline of investors, funders and key supporters of BII, developing long-term relationships and prospects
- Reacting to new fundraising opportunities quickly, identifying good fit for BII.
- Working against agreed Key Performance Indicators (KPIs) to identify, cultivate and apply to new business opportunities as agreed with the Chief Executive.
- Coordinating with the wider Business Development and Fundraising functions within The Big Issue Group
- Identifying and managing the timely submission of quality proposals with BII team members
- Using your preferred portals and watchlists, ensure the timely review of potential funding opportunities or tenders for BII.
- Ensuring handover to the relevant BII delivery team in the Investment and/or Impact Team
Skills & Experience
We are looking for a Head of Business Development with the following:
- Experience of business development and fundraising with a preference for fundraising in the impact investing, and/or social enterprise development sector
- Ability to project manage grant and fund applications, bids and tenders in line with the funder’s/commissioner’s requirements
- Ability to communicate social investment and enterprise development information to non-technical audiences
- Experience of end-to-end management of grant applications, bid tenders or CSR applications to major donors, trusts & foundations, CSR corporates and/or public bodies
- Developing and managing fundraising pipeline and opportunities with cross-team input
- Experience managing fundraising processes for projects and/or funds between £100,000 and £25million
- Knowledge of key forums, databases and groups to identify new business opportunities
Salary and Benefits include:
• Salary of £50,000 to £60,000 dependent on experience
• Incremental holiday entitlement starting at 25 days per year plus bank holidays (pro-rata for part time staff) plus paid leave to care for a sick child or grandchild and a sick or elderly relation
• Incremental sick pay starting at 5 days per rolling year
• Enhanced contribution to our workplace pension
• Enhanced maternity/paternity pay
• Comprehensive flexible working policy open to all staff
• Training and development opportunities including an open learning library and management training schemes
• Health benefits include life cover, a health Cashplan scheme which provides access to counselling and a range of therapies
Please note that we reserve the right to review and amend our staff benefits and they do not form part of any contract of employment.
This role can be based in London or Birmingham, with flexible/remote working. A location out of Big Issue hubs at Glasgow, Bristol or Cardiff is possible.
Closing date: 22 September 2021
Big Issue Invest is committed to equal opportunities and committed to promoting and enhancing diversity, equality and inclusion. We welcome and encourage applicants from all members of the community and particularly welcome applications from people with disabilities, Black, Asian, or Minority Ethnic backgrounds, LGBTQIA, and from different socio-economic and educational backgrounds.
Since 1991, The Big Issue has fought poverty by creating opportunities and supporting people to take control of their lives. Over time our organisation has grown and now The Big Issue Group consists of The Big Issue Company Ltd and Big Issue Invest Ltd (our social investment arm). In addition, we also have our sister charity The Big Issue Foundation.