[What you will be working on]
Venture Building (AI)
1. Source and evaluate venture building projects, engaging companies/ founders, companies and venture studio partners to build high impact ventures. Thematic focus to be on AI and related data-centric businesses such as fintech, cybersecurity and other application areas.
2. In partnership with founders, companies and venture studio partners to go into 3-4 month deployments to build ventures:
Customer insighting via primary research (interviews, surveys, etc.) and secondary market research for quantitative and qualitative research about the venture opportunity area(s), including related key trends, competitors, market needs, technical feasibility and commercial viability, that would help to strategically frame and guide the concept forward.
Brainstorm, develop and test venture - crafting of innovative and viable value propositions for potential business concepts offering new products, services and business models; experienced individuals are also expected to go deep on certain aspects of a venture, e.g. GTM, product strategy, partnership development, etc.
Formulate business plan comprising business and financial model, go-to-market strategy, product concept and key resources / next steps required to set up a new venture
Facilitate high impact connections via EDB’s networks for insights, business partnerships, and other value-added opportunities.
3. Programme Development and Management, by supporting and/or lead fellow teammates to manage ongoing as well as pilot new programmes (e.g. talent, community, marketing) that can significantly attract more AI founders / corporates to work with us and also value-add to the ventures in our portfolio.
4. As the candidate gains more experience, there will be opportunities to take on more leadership and strategy formulation responsibilities. The candidate can also expect to work closely with our Venture Capital team in the engagement and due diligence of the ventures and founders.
[What we are looking for]
To meet the challenges of this role, you must have:
1. A strong interest and passion in venture creation and creating systems-level impact.
2. At least 6-8 years of relevant working experience, preferably in the venture building ecosystem (e.g. venture studio, accelerators, corporate incubation, design studios), especially undertaking key role(s) in startups and/or venture building with companies.
3. Experience in driving development/implementation of AI (or related aspects of data innovation, e.g. API integration) that has resulted in commercial outcomes, with applied knowledge of challenges to greater adoption by companies. (This is not a technical engineering role, but candidates with AI product/ engineering experience that have strong demonstrated business acumen and interest to work on commercial aspects of AI can also be considered.)
4. Strong analytical ability that can be applied in designing of systems-level programmes, research and understanding of opportunity areas, distillation of qualitative and quantitative data into insights, development and assessment of venture opportunities.
5. Practitioners of Agile, lean and user-centered design methodologies/ market research analysis is a plus.
6. Possess the following skill sets and attributes:
Positive, can-do attitude
Adaptable, receptive to ambiguity and change
Confident with high level of resourcefulness to drive new initiatives and projects and achieve results
Strong organisational, time management and multi-tasking skills
Excellent communication and interpersonal skills
Independent but a strong team player
7. Singaporean
We review applications and interview on a rolling basis. Applicants can expect to receive an application outcome within 8 weeks of application date.