Dacre, a former chief executive of multi-platform channel Teachers TV, will bring his new media firm Inclusive Digital to the consortium and also provide "overall coordination" for the bid.
Gutteride, who comes with his Newcastle-based production company Standing Stone, will manage the TV programming side of the proposal.
Last year, Trinity Mirror teamed up with the Press Association and production firm Ten Alps to bid for around £7m of government money for the Tyne Tees and Border pilot of the independently funded news consortium scheme.
However, they face stiff competition for the trial in the form of a joint proposal from ITN, Johnston Press, Newsquest and Bauer Radio, along with a standalone bid by ITV licence holder in Northern Ireland UTV.
Ten Alps chief executive Alex Connock said that Dacre will bring a "superb understanding" of both live news and multiplatform delivery to the consortium.
He also praised Northumberland-resident Gutteridge's extensive experience in creating popular factual TV formats, coupled with the fact that he has "the North East in his DNA".
Discussing his involvement, Gutteridge said: "I've been involved in many groundbreaking new concepts in television in my career, but this has to be one of the most daunting.
"Redesigning local news coverage is like reinventing the wheel. I grew up with the regional news in the North East, and one of my first jobs as a BBC News trainee was in the television newsroom in Newcastle.
"But the opportunity to be part of a team creating a whole new multi-platform offering for the North East and Cumbria is incredibly exciting. We hope our plans, if successful, will form the blueprint for local news provision throughout the UK."
Dacre added that the consortium will represent a "fascinating opportunity" to create a completely new approach to regional news provision, which brings together local journalism, TV production and online services.
An independent selection panel, chaired by former Ofcom deputy chairman Richard Hooper, is tasked with assessing all the bids for culture secretary Ben Bradshaw.
The panel is currently in Cardiff reviewing proposals for the Welsh trial, but will travel to Newcastle on Friday to consult with Tyne Tees and Border prospective bidders, along with local people.