Accountabilities and Key Roles:
Investment Management:
- Identify, evaluate, and recommend high-potential startups for investment.
- Conduct thorough due diligence, including market analysis, financial assessment, and risk evaluation..etc.
- Develop and maintain relationships with venture capital firms, accelerators, incubators, and startup communities.
- Manage the investment portfolio, track performance, and provide regular updates to senior management.
- Prepare investment memos and presentations for the investment committee.
Proof of Concept (PoC) Management:
- Collaborate with internal stakeholders to identify business challenges and opportunities where startup solutions can be applied.
- Scout for innovative startups with solutions that align with identified challenges.
- Facilitate and manage the execution of PoCs, ensuring clear objectives, timelines, and deliverables.
- Coordinate between startups and internal teams to ensure smooth implementation and integration.
- Evaluate the success of PoCs and make recommendations for further collaboration or investment.
Strategic Planning and Execution:
- Monitor industry trends, emerging technologies, and competitive landscape to inform investment and innovation strategies.
- Develop and implement strategies to foster innovation and drive business growth through startup engagement.
Job Requirements:
Education:
- Bachelor's Degree in Business / Industrial Engineering or any related field from a recognized university.
Experience:
- 8+ years of experience in tech startup preferably focused on business development and partnerships and/or product management, equipped with business acumen and insights and are able to package and communicate front-end digital solutions to business lines to suggest digital income streams.
Competencies:
- Fluent in English and Arabic.
- Excellent computer skills (MS Office).
- Paramount research skills and writing skills
- Strong modeling and analytics skills and understanding of financial terms and valuation exercises
- Excellent communication and presentation skills.
- Critical Thinking and problem solving skills.
- Stellar work ethic and commitment.
- Ability to deliver results against tight deadlines.
- Ability to multi-task and Time Management skills.