Summary
Date Posted: Friday, May 24 2024, Base Salary: Not Disclosed

JOB DETAILS:
Position Objective (Summary of placement in the function and broad responsibilities)
The Senior Program Officer SPO Business Creation, Incubation and Jobs shall be based at the RUFORUM Secretariat. He/she will be responsible for mobilizing resources and offering leadership in development, testing and deployment of unique business development strategies and concepts aligned to RUFORUM’s Strategic Objectives. Further, s/he will be responsible for developing and growing venture funding and linkages with venture financiers for RUFORUM programs and translation of research innovations into viable enterprises. The Officer will also facilitate the rapid scaling of entrepreneurship/SME service provision across RUFORUM member universities and serviced communities such as smallholder farmers in targeted countries of interventions.

Duties and Responsibilities (Functional statements defining the responsibilities and objectives)
• Provide leadership to develop interventions that foster business promotion, entrepreneurship development, investment attraction and strategic partnerships to promote experiential entrepreneurship orientation in higher education sector.
• Coordinate the development and implementation of entrepreneurship programs and initiative’s including business incubation, start-up support and venture capital mobilization, for higher education institutions and early start-ups in the economy.
• Promote business development and investment skills across RUFORUM’s entrepreneurship and investment’s targeted business development stages to both new and established businesses across different programs participant segments.
• Support SE4CD program manager and working closely with the Senior Program Officer Systems Strengthening to catalyse systems strengthening in universities in areas of policies, practices, and people for entrepreneurship growth jobs and wealth creation.

Activities
• Strengthen the operational capacity of RUFORUM Secretariat to catalyse entrepreneurship and business creation including implementation of the
• Entrepreneurship Seed Grant system
• Develop a framework for universities to create products and services, including guidelines and standards
• Nurture business creation ecosystem including financial services such as venture capital, insurance banking and microfinance
• Support Community Action Research Project to develop business from the
• transdisciplinary research clusters
• Launch the implementation of commercialization of academic research and innovations for products and services development
• Develop Digital economy strategy/agenda for RUFORUM

Deliverables
• Survey to identify innovative technology products and interventions generated by member universities
• Digital economy integration for accelerated value of the universities in the economy
• New incubation and investment funds, including through venture philanthropy and impact investment established in close collaboration with the private sector, with multilateral agencies, NGOs and governments
• At least one ESG strategy and management approach is developed
• Number of enterprises established including spin-offs from supported projects
• Periodic reports on monthly, quarterly and yearly on entrepreneurship, investment and business development activities.
• Institutional entrepreneurship, investment and business development strategy developed
• Additional financial resources mobilized for supporting entrepreneurship, investment and business incubation.

Requirements (Education, experience, technical competencies required of the job)
• Master’s degree or its equivalent in business, actuarial sciences, economics, and related disciplines
• At least 5 years working experience in a similar role and institution of repute
• Evidence of having established a successful and operational start-up/business
• Experience in venture fundraising
• A strong commitment and passion for working with youth
• Flexibility in working schedules including travel at short notice


Work Hours: 8

Experience in Months: 60

Level of Education: Postgraduate Degree

Job application procedure

Applications with detailed curriculum vitae (in pdf form), copies of certificates, transcripts, names of three referees and the applicant’s Skype Address; daytime telephone contact should be sent online to our E-mail with the subject Appointment in RUFORUM followed by the Job title “Appointments in RUFORUM: state the post you are applying for” . Details of the posts are available at RUFORUM Website: http://www.ruforum.org 

Email address: jobs@ruforum.org 
Any form of canvassing will lead to disqualification. Only short-listed applicants will be contacted.


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