Commercial Director â€“ David Newman
David is another highly commercial, innovative and success driven individual. Trained as a mechanical and electrical engineer, he is also an entrepreneur with a strong sales and creative marketing background.
Following 10 years of military service operating throughout the world, David spent the next 10 learning the commercial realities of international business by apprenticing himself to the most successful business owners and companies he could find. During this time he was tasked via involvement in a broad range of Startup, SME and Bluechip Companies across a wide range of industries, including; leisure, media, entertainment, automotive, telecoms, advertising and IT.
His corporate roles have included: Project Management, New Business Procurement, Financial Restructuring, Technical Creation and Support, IT Solution Creation & Delivery, Training Program Creation & Delivery, and Change Management.
In 1999 he formed his own Telecoms consultancy and later that year created Trans Global Network Services S.A, the world’s first global fibre optic leasing operator with online point-to-point connection quotation capability.
After successfully exiting TGNS in 2002 with annual revenues of $27 million, David accepted the role of Commercial advisor to the then Maltese Minster of Finance, The Right Hon Mr John Dalli. There he formed part of a 3-man team charged with redesigning the Countries FDI programme, agencies and Industrial Estate Management.
Successful completion of this project delivered a ‘step change’ in Government attitude toward FDI procurement, Business Promotion and even its own workforce, pre the Country’s accession to Europe.
In 2004 David continued his career by taking on international consultancy roles within the restructuring IT and telecoms sector and later within the emerging renewable energy industry.
He returned to the commercial ‘start-up’ market place in 2008, designing and building an ‘outsourced’ Debt Management and Cash Collection business for top 50 London accountancy practice, Simmons Gainsford LLP. SG Debt Management was initially created to assist SG clients post-recession but today has exceeded that brief. The business currently manages annual cash collections in excess of Â£ 16 million, David successfully exited the business in 2013.
In mid-2009, David was invited to lead the design team in building an algae to fuelâ€™ Photo Bio Reactor for a US project. In mid-2010 working with the same US affiliates, he went on to manage the design and build of an innovative â€˜oleophilic membraneâ€™ crude oil recovery rig. With support from the US Department of Energy, the machine was deployed in the Gulf of Mexico and trialled as part of the Deep Water Horizon clean-up operation.
In September 2010 David joined forces with Mark and formed Viridis Navitas Capital Partners Ltd (VN-CP) specifically to target the renewable energy start-up funding gap experienced by inventors, engineers and scientists alike.
Since inception VN-CP has delivered 9 successful funding rounds for platform technology application spinouts, raising in excess of Â£ 2.8 million via HMRC Pre-approved Seed Enterprise Investment Schemes and Enterprise Investment Schemes.
The above-mentioned experiences have allowed David to build up a broad network of contacts throughout Governments and industries alike that he leverages to the benefit any company he works with. Understanding the financial risk versus reward balance for investors, as a ‘real’ investor himself, he brings an unusual but extremely useful skill set to the company. David handles all commercial aspects of the business and manages the IT team.