Executive team

Tim Jones

Deputy Chairman, Chief Executive and Secretary

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Deputy Chairman and Chief Executive of the Allia Group since 2002, Tim has overseen a range of new thinking and new solutions seeking to address global and local challenges including Future Business Centres for impact entrepreneurs, Serious Impact programmes to help impact entrepreneurs innovate, start up, grow and scale and Social Finance initiatives for Impact Investment through Employment Bonds in England and Wales, Housing Bonds for Scotland and Retail Charity Bonds quoted on London Stock Exchange.

As an FCA ‘Authorised Person’ Tim is a director of Allia Impact Finance Ltd and a NED at Retail Charity Bonds plc through which Allia issues its quoted Bonds. He has been recognised for these Social Enterprise and Impact Investment activities through appointment as a Fellow of the RSA, an Associate Fellow, 2010-2014, at Saïd Business School, University of Oxford and as a Fellow in Entrepreneurship at Judge Business School, University of Cambridge.

His financial services career began in the 70’s as a trainee with Royal Insurance where he qualified as an Associate of the Chartered Insurance Institute. Posts with Transamerica-Beneficial Standard, Aitken Hume and Sentinel followed, before returning to a Head of Marketing role at Royal Life. In 1990, in a 12-year career shift, he established the Fraser-Milne water bottling start-up and, after its sale to a US buyer, co-founded a Belgrade-based water and beverage business where he was Managing Director for a further 6 years before taking on Allia in 2002.

Tim is a Liveryman and Court Assistant at the Worshipful Company of International Bankers and holds a number of other directorships including Treatt plc (LSE:TET) which he has chaired since 2012 and seen grow from the Fledgling to the All-Share Index. He was a trustee of SkillsBridge for 10 years prior to its April 17 merger with Newcastle Council for Voluntary Service. He currently supports Peterborough Heritage Arts Culture and Enterprise (a CIC for young people) and serves on a number of advisory boards for the LEP and for Anglia Ruskin University.

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Martin Clark

Deputy CEO and Director of Impact Innovation

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Martin joined the Relationships Foundation in 1996 and, as project manager oversaw the development and launch of the first charitable Bond in Sheffield in 1999. He has been closely involved in Allia’s diversification into social enterprise property and business support services, culminating in the £8M Future Business Centre development, and is developing an initiative on affordable housing.

He is a Fellow of the Centre for Social Innovation at the Cambridge Judge Business School, speaks on social enterprise there and at Anglia Ruskin University, and has been a judge for the Cambridge University Entrepreneurs (CUE) business plan competitions since 2011. He has represented social enterprise on a variety of bodies including the Greater Cambridge Partnership and Cambridge Council for Voluntary Service, as well as the advisory boards of Cambridge Cleantech, e-Luminate CIC and the Cambridge Hub.

Martin is passionate about using social enterprise to tackle social problems, and is the author of The Social Entrepreneur Revolution (Marshall Cavendish 2009) which aims to popularise social entrepreneurship.
He has a PhD in social geography from the University of Sheffield and worked in regeneration consultancy at a university spin-out centre.

Phil Caroe

Director of Impact Finance

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Phil leads Allia’s impact finance programme, creating retail products to raise finance for social ventures. Since joining in 2009 he has managed the issue of over £20 million of bonds by Allia to individual, corporate and public sector investors. Between 2011 and 2014, Phil led the development of Retail Charity Bonds, a ground-breaking new platform established in association with Canaccord Genuity to raise unsecured loan finance for charities through bonds listed on London Stock Exchange.

Prior to joining Allia Phil supported the delivery of economic participation programmes at the East of England Development Agency, and before that worked in policy and communications for a Cambridge-based think tank. He has a First in Social Psychology from Cambridge University and an MPhil in Psychology and Theology.

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Caroline Hyde

Managing Director Business Viability

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Caroline Hyde joined Allia in 2013 to manage the launch and operation of the new Future Business Centre Cambridge. As Managing Director of Business Viability Caroline now leads on the strategy for developing more Future Business Centres as well as creating an effective  and innovative enterprise support offering to enable social ventures to flourish.

Her experience in cluster and community development and start-up incubation and support was gained from working as Business Development Manager with Anglia Ruskin University and in defining and establishing Creative Front – a membership network for the Creative Industries in Cambridgeshire. Prior to this she worked for a number of publishing groups including Archant as Head of Special Projects. A trained fundraising professional, she has also written and managed a number of large European funding projects. Caroline donates time outside of work to working with a number of local charities and community groups to deliver capital infrastructure projects for young people.


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Paul Beeson

Director of Finance

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Paul spent over 20 years with the accountants KPMG, including seven years as a partner. From there he moved to the charity Young Enterprise East of England, where he was Chief Executive for seven years. Paul acted as head of finance of Isabel Hospice for three years as part of a portfolio of finance roles in the charity sector and, as well as working for Allia, he is still involved in various projects for charities in the UK.

He is a fellow of the Institute of Chartered Accountants in England and Wales and holds the ICAEW Diploma in Charity Accounting. Paul is a member of the ICAEW Regional Strategy Board and has been since 2004.

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Paul Hughes

Director of Enterprise Support

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Paul leads Allia’s “Serious Impact” enterprise support activity, including its accelerators, incubators and Innovation Lab at all Allia locations. Paul joined Allia in 2013 as a Business Advisor for the Cleantech and Environmental sector.

Prior to Joining Allia, Paul worked with range of technology businesses (including Agritech, Biopharma, ICT, Cleantech) around the world, primarily in the areas of strategy, fundraising and corporate development. Paul has co-founded a significant biofuels business in the UK and worked in international investment banking in the USA.

Paul is on the Advisory Board for a number of exciting ventures and is a Global Judge for the MassChallenge accelerator programme.