The StepUp Ventures - Incubation Manager

Introduction:

RiseUp Bharat is a Section 8 non-profit organization established to foster innovation and entrepreneurship for Studenpreneurs and Ideators. Seeking a passionate and experienced Incubation Manager to join our team and play a pivotal role in supporting promising startups throughout their incubation journey.

Key Responsibilities:

1. University and College Collaboration:

- Identify and partner with universities and colleges to establish Special

- Purpose Vehicles (SPVs) for operating pre-incubators.

- Cultivate relationships with academic institutions and facilitate agreements to serve as host institutions, providing a nurturing environment for student entrepreneurs (studepreneurs and ideapreneurs).

2. Program Development and Management:

- Oversee the development and management of incubation programs that aid startups from conception through MVP development to scale.

- Coordinate with mentors, investors, and service providers to craft a comprehensive support ecosystem for incubatees.

3. Government Schemes and Compliance:

- Maintain up-to-date knowledge of regulations and norms set by Startup India, DST, NITI Aayog, etc., for Section 8 startup incubators.

- Ensure the incubator's compliance with all government regulations.

4. CSR and Grants:

- Understand CSR mandates relevant to Section 8 startup incubators and identify CSR funding opportunities.

- Engage with corporations to secure CSR contributions and prepare grant applications, meeting all requirements and deadlines in order to avail such grants available for setting up Pre-incubators at academic institutions as well as for operations and deployment towards startups

5. Funds Management and Disbursement:

- Manage the allocation of funds to startups in accordance with grant conditions and incubator policies.

- Monitor fund utilization to ensure effective use in promoting startup growth.

6. Audit and MIS Management:

- Manage MIS for tracking the performance of incubatees, fund utilization, and other essential data.

- Collaborate with auditors to ensure proper audits of grants and funds as per government norms.

- Generate and present reports on grant usage and incubation outcomes to stakeholders.

7. Stakeholder Engagement:

- Foster relationships with government agencies, corporate CSR departments, investors, and other key players.

- Advocate for the incubator in various forums, workshops, and events to network and enhance the program's visibility.

8. Incubatee Support and Advisory:

- Offer direct support to startups in business planning, market strategy, and investment preparation.

- Organize training sessions, workshops, and events to build incubatees' skills.

Qualifications:

- Master's degree in Business Administration, Management, Finance, or a related field.

- 3-5 of experience in incubation management, startup ecosystem, or entrepreneurship development.

- Knowledge of government funding schemes, CSR regulations, and compliance for Section 8 companies in India.

- Proficiency in project management and experience in grant writing and funds management.

- Strong skills in communication, networking, and stakeholder management.