Investments Growth Associate

Posted 3 years ago

At Outbox, we assemble the infrastructure, people, knowledge and capital that supports entrepreneurs through the growth of inclusive communities that foster talent and create value where we operate. We take a deliberate approach to how we support Small and Growing Businesses, by differentiating our programs based on their unique needs, walking the lonely entrepreneurship journey with them, and capturing our learnings for the benefit of the next entrepreneur we might meet.

We have the best learning communities in the startup ecosystem in Uganda and utilize that competency to distribute our expertise beyond our walls. We strongly believe in the potential of technology to provide an unfair advantage to any business when used for good, and as such, focus on supporting digital entrepreneurs first.

Over the last ten (10) years, we have brought together the best people, companies, development partners, Government and knowledge (best practice) for our entrepreneurs to succeed – which is why we believe we are best placed to guide our ecosystem forward. Various partners have trusted us to lead our ecosystem and enabled us to continue our work of ensuring that every young person in Uganda has an opportunity to have dignified work.

The Role

We are looking for an ambitious, forward thinking individual for an entry level position in our ventures team as a Growth associate. You will support our investment analysts with the implementation of our incubator and accelerator programmes while paying attention to the quality of how we source and grow our portfolio of businesses through the technical assistance offered to them. Outbox is implementing a number of accelerator or technical assistance initiatives that require deliberate identification of quality pipeline and linkages to quality support to support their growth. You will support this process together with our partner of mentors, investors and mentors.

Responsibilities and dutiesSourcing and pipeline development: You will collaborate with the ventures team to support the targeted outreach, identification and onboarding of potential startups that can receive our support. This will involve undertaking visits to entrepreneurial communities, startups/SGBs, reviewing previous literature on previous applicants. You will support in the design and delivery of pre-selection bootcamps that prepare the potential startups and SGBs for selection by investment committees.                       

Diagnose startup and Small and Growing business needs: You will diagnose the needs of startups and SBGs selected to join our initiatives. This will involve refining current diagnosis and due diligence tools. Administering the diagnosis and due diligence to the businesses and developing reports with recommendations of the technical assistance required to support the growth of our clients. This might also involve delivering trainings to any partners that might support this exercise.

Design and delivery of technical assistance programmes: With support from our investment analysts, you will design our TA offerings that are in the form of accelerator, incubator or business advisory services to the portfolio of businesses identified. You will oversee the development of growth plans and budgets for the businesses joining our TA initiatives based on the needs identified. You will also support the identification of specialized service providers, mentors, coaches; design of curriculum, delivery of training initiatives to support the businesses to meet their growth goals. You will support with the development of key networks for our businesses to support their access to markets and finance. You will support with communications geared towards our portfolio of businesses.

Tracking and reporting: You will undertake checks on our portfolio of businesses to determine their progress towards addressing their growth goals against their plans. You will support with the collection of data points to inform their progress and the impact of our programming to internal and external stakeholders.

Coordination for market access and transaction advisory: You will review our portfolio and support the investment analysts in the prioritization of businesses that could benefit from linkages to financial institutions or market access. You will follow-up to ensure that the businesses are providing the necessary support to the investment analysts/coaches/mentors so that they can be supported to achieve their growth goals.

Desired qualifications

  • Bachelor’s degree in business administration, entrepreneurship, economics, statistics or related field
  • At-least 2 years experience supporting Startups or SGBs in enterprise development in Uganda 
  • Knowledge of relevant industry trends and the entrepreneurship ecosystem in Uganda and Sub-saharan Africa
  • Excellent written and spoken English skills
  • Excellent documentation skills of presentations, word documents and use of spreadsheets using digital technologies that include cloud tools like Google workspace, Office 365 to mention but a few
  • Highly structured with regards to approach to tasks and problem solving

This job description summarizes the main duties of the job. It neither prescribes nor restricts the exact tasks that may be assigned to carry out these duties. This document should not be construed in any way to represent a contract of employment. Management reserves the right to review and revise this document at any time.

To apply;

Please email your cover letter and resume to people@outbox.co.ug indicating “Growth Associate” in the subject line. Deadline to submit is October 31st, 2022.

Interviews are conducted on a rolling basis.Only successful candidates will be contacted for interviews.

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