Job Description
Job Title: Assistant Incubation Manager
Department: @iLabAfrica Research Centre
Reporting to: Incubation Manager
Basic job Summary: To manage existing incubation programs and develop new ones that are strategic to the incubator’s competitiveness, effectiveness and efficiency.
Duties & Responsibilities:
• Startup Support:
• Day-to-day contact and mentoring support to the startups in @IBIZAFRICA’s portfolio.
• Actively participate in Pitch Fridays and other support programs for startups
• Advise on every stage of the startup lifecycle, from go-to-market strategy, customer acquisition, monetization, biz dev and beyond.
• Set KPIs with the teams and closely track to ensure continual progression, revenue, user growth, etc., and compile monthly KPI reporting to @IBIZAFRICA management team.
• Oversee legal and compliance processes for portfolio companies.
• Preparation and participation in monthly board meetings with @IBIZAFRICA management team.
• Maintain contact and frequently get feedback from graduated startups.
• Programs Development-Constantly develop, test and implement new programs that boost the incubator’s sustainability and competitiveness.
• Programs Management-Frequently lead the implementation of various incubator programs.
• Partnerships Development-
• Lead business development efforts and establishing relationships across industries and sectors to source potential partners and sponsors for the incubator.
• Continually build strong ties with relevant external stakeholders, including venture investors, corporates, banks, telcos, foundations, government, press and others in the local tech ecosystem.
• Work closely with @IBIZAFRICA’s Director on identifying priorities and executing.
• Continually work to renew and keep partnerships active.
• Pipeline and Exit Management-
• Implement policies and procedures that enable the incubator to attract its targeted applicants, investors and partners.
• Implement policies and procedures that enable iBizAfrica to manage the exit of startups after end of incubation period.
• Ambassador: Together with the Incubation Manager, serve as the local ambassador and face of @IBIZAFRICA in Nairobi & in the region (speaking opportunities at industry conferences and panels, press interviews as needed, and attending tech ecosystem events.
• Quality Assurance-
• Document and periodically review procedures for selection, incubation and exit of incubator applicants to maintain high standards.
• Document and periodically review incubation program milestones with clear timelines, budget and deadlines.
• Consistently monitor activities and outcomes of the incubator to ensure program objectives and goals are reached.
• Document and periodically review training program curricula, mentorship and coaching sessions.
• Revise, review and maintain policies and procedures pertaining to incubator operations.
• Document and implement policies and procedures (performance measures) to measure effectiveness of the incubator.
• Frequently and consistently solicit feedback from incubator program participants’ (current and past) and incubator stake holders (University, investors, sponsors and partners) to inform program and operational improvements.
• Document and profile success stories from the incubator.
• Communication
• Direct the development of monthly newsletter through the Community Engagement Coordinator, highlighting main activities from the incubator.
• Review the incubator’s annual report through the highlighting key achievements, activities and success stories.
• Work closely with the incubator manager and administrative staff to achieve the goals of the incubation program.
• Any other relevant duties that may be assigned by the Incubation Manager @iBizAfrica.
Minimum Academic Qualifications:
• An under graduate degree in a related filed
Experience:
• At least one-year experience in a management position.
• Previous work experience at a startup or incubator is an added advantage.
• Up to date with current trends in startup support, technology, innovation and entrepreneurship.
• Experience in business modelling and startup development. Ideal if you’ve taken a new product from idea to launch.
• Understanding the local startup landscape. You’re already plugged in / know your way around the Nairobi tech ecosystem.
• Technical affinity.
• Coaching experience. Willingness to drive community growth (both internally and externally in the Kenyan
Competencies and Attributes
• Team player.
• Results oriented and analytic.
• Big picture thinker and conceptually creative.
• Deals well with setbacks or ambiguity
• Self-driven.
• Passionate about innovation and startups.
• Entrepreneurial.
• Service-oriented and communicative.
• Ability to work under pressure and deliver within short deadlines.
• Innovative.