Applications are invited for the post of Manager/ Sr. Manager/ Assistant Vice President at IIM Indore Incubation Foundation
About IIM Indore Incubation Foundation
The IIM Indore Incubation Foundation supports innovation and entrepreneurship by providing a dynamic platform for start-ups to develop their ideas, grow and thrive. It offers mentoring and infrastructure support along with access to networks, enabling entrepreneurs to turn ideas into successful businesses. Aligned with IIM Indore’s legacy of excellence, the Incubation Foundation emphasizes sustainable growth, innovation-driven development, and a transformative impact on society and the economy.
The minimum qualification, experience and other general terms and conditions are given hereunder:
Number of positions: 01
Manager
Note: This is a leadership position, and the candidate selected will be offered either the post of a manager or senior manager or assistant vice president, based on qualification, experience and suitability for the role.
Key Responsibilities:
- Oversee operational activities of the incubation centre, including on boarding, mentoring, and graduating startups.
- Plan and execute training programs, workshops, and pitch events for startups.
- Build partnerships with industry leaders, investors, government bodies, and academic institutions.
- Prepare grant proposals and secure funding through CSR, government schemes, and private initiatives.
- Guide startups in prototyping, market entry, intellectual property management, and investor readiness.
- Monitor financial performance and prepare periodic progress reports.
- Collaborate with the marketing team to enhance visibility and branding of the incubation centre.
- Perform additional duties as assigned by the Competent Authority.
- The selected candidate will report to the Director, or any other authority designated by the Director.
Qualifications and Work Experience:
- Postgraduate in any discipline, with bachelor’s degree in sciences, technology, engineering, or math (STEM).
- Proven expertise in managing incubators or innovation-driven initiatives.
- Strong skills in strategic planning, financial management, and networking.
- Minimum of 5 years of experience for Manager Level; 8 years for Senior Manager and 10 years for Assistant Vice President Levels.
Age:
Below 45 years as of the date of application.
Desirable:
- Excellent Communication and Presentation Skills
- Proficiency in Digital Marketing Tools and Applications
- Good Speaking and Writing Proficiency in English
- Strong Network and Relationship-Building Skills
- Knowledge of Start-up Ecosystems and Industry Trends
- Strategic Thinking and Problem-Solving Skills
- Project Management Skills
- Financial and Analytical Skills
- Familiarity with Intellectual Property Management and Innovation Scaling
Compensation:
- INR 1,25,000/- (Rupees one lakh twenty-five thousand only) per month (consolidated) for Assistant Vice President Level.
- INR 1,00,000/- (Rupees one lakh only) per month (consolidated) for Senior Manager Level.
- INR 75,000/- (Rupees seventy-five thousand only) per month (consolidated) for Incubation Manager Level.
Contract Terms:
The selected candidate will be appointed on a fixed-term contract for two years, subject to satisfactory performance, reviewed annually. Performance will also be evaluated after three months of joining, and continuation in the role will depend on meeting performance benchmarks.
General Terms and Conditions:
- Interested and eligible candidates are requested to send their application in the prescribed Application form along with scanned copies of Qualification Certificates (One PDF file for all qualifications certificates starting from class 10th as Annexure-1), Experience Certificates (One PDF file for all Experience certificates as Annexure-2) via email at incubationfoundation@iimidr.ac.in with subject as “Application For The Post of Incubation Manager/Sr. Manager/AVP ” on or before December 31, 2024.
- Applications received after December 31, 2024, will not be entertained.
- Application without the filled Application form and Annexures as mentioned in point above will not be considered. The application is only to be sent through email on incubationfoundation@iimidr.ac.in. No other mode of application will be accepted.
- Mere fulfilling of the minimum qualification and experience requirements will not confer any right on the candidates for being called for Interview or/and their selection.
- Candidates not found suitable for the position may be considered for a lower position or on a lower pay scale or on an appropriate consolidated salary.
- The Institute reserves the right not to select anyone without assigning any reason.
- The Institute reserves the right to change/apply appropriate shortlisting criteria in case of a large number of applications.
- Only shortlisted candidates will be contacted.
- No correspondence will be entertained in this regard
- Canvassing in any form will be a disqualification.
- Incomplete application without proper supporting documents will be summarily rejected.
- The Institute requires the selected candidates to join immediately.
- No TA/DA will be paid for attending the written test or/and Interview or/and selection process.
- The decision of IIM Indore would be final and binding to the candidates.
- In case of any dispute concerning this recruitment the jurisdiction of the competent courts will be within the territorial jurisdiction of the city of Indore only.