Hiring

Positions Open in Tanzania

Venture Associate

Open to Tanzanian Citizens
Application Deadline: 31st October 2024
Only shortlisted candidates will be contacted for further evaluation and interviews.

Job Summary

The Venture Associate will play a pivotal role in supporting the growth and success of early-stage startups within StartHub Africa’s portfolio. This role involves providing comprehensive venture support, mentorship, entrepreneurship training, and curriculum development. The ideal candidate will possess a strong entrepreneurial mindset, financial acumen, and a passion for fostering the growth of innovative ventures.

Main Tasks and Responsibilities

Venture Support and Mentorship

  • Conduct thorough analysis and due diligence on startups applying for support under StartHub Africa’s programs, focusing on their potential for growth and scalability.
  • Provide tailored coaching and mentorship to startups, particularly in areas of business strategy, financial planning, and market expansion.
  • Assist startups in developing clear strategic goals with actionable short-term milestones and a long-term vision.
  • Organize and lead strategic mentorship bootcamps, workshops, and one-on-one sessions with venture founders.
  • Assess the financial viability and investment readiness of startups within the portfolio.
  • Perform comprehensive financial modeling and risk assessments to determine potential returns for both equity and debt investments.
  • Support startups in preparing investor pitches and facilitate connections with relevant investment partners, including venture capitalists, angel investors, and other funding sources.
  • Oversee the execution of investment deals, ensuring all legal, financial, and strategic requirements are met.

Entrepreneurship Training and Curriculum Development:

  • Design and deliver high-impact entrepreneurship training sessions, workshops, and bootcamps for founders and startups at various stages of growth.
  • Develop tailored curricula that address the unique challenges and needs of entrepreneurs at the ideation, early-stage, and growth levels.
  • Lead group training sessions, providing actionable knowledge on key topics such as business model development, financial management, scaling operations, and market access.
  • Ensure that training programs are interactive, practical, and aligned with the overall goals of startup development and empowerment.
  • Continuously update and enhance training materials to reflect market trends, business innovation, and ecosystem needs.

Other Responsibilities

  • Monitor the progress of startups in the program, tracking performance metrics and adjusting mentorship or intervention strategies as needed.
  • Collaborate with internal teams to ensure seamless delivery of program activities.
  • Engage with external stakeholders to promote StartHub Africa’s vision and initiatives, attending industry events and networking functions.
  • Develop strategic partnerships with industry experts, ecosystem players, and relevant stakeholders to enhance venture support and resource availability.
  • Contribute to the continuous development of StartHub Africa’s Catalyzer program by refining curriculum, developing new content, and improving mentorship structures.

Education and Experience Requirements

  • Bachelor’s degree
  • Minimum of 3 years of experience in venture support, investment analysis, financial modeling, or a related role.
  • Demonstrated experience in designing and facilitating entrepreneurship training, workshops, and curricula for startups at various stages.
  • Experience working with startups, SMEs, or entrepreneurial support programs, preferably in Africa.
  • Strong understanding of financial structures, investment processes, and startup ecosystems.
  • Proven ability to design and implement strategic business interventions.
  • Excellent interpersonal and communication skills, with a passion for mentoring and coaching entrepreneurs.

Skills and Competencies

  • Entrepreneurial Mindset: A strong understanding of the challenges and opportunities that startups face, with the ability to provide actionable solutions.
  • Financial Acumen: Expertise in financial analysis, investment evaluation, and risk assessment for startups and SMEs.
  • Strategic Planning: Ability to guide startups in formulating and executing growth strategies, with a focus on scalability.
  • Training and Facilitation: Expertise in designing and delivering effective training and workshops tailored to entrepreneurs’ various stages of business development.
  • Curriculum Development: Ability to craft dynamic, practical training programs that respond to the specific needs of early-stage and growth-stage founders.
  • Mentorship and Coaching: Experience coaching entrepreneurs and teams on business growth, financial planning, and market access.

Working Conditions

  • Full-time role based in Tanzania.
  • May require occasional travel to meet with suppliers or handle administrative tasks at offsite locations.

How to apply?

Submit your application in the link below

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