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Venture Associate

icon building Company : Next176
icon briefcase Job Type : Full Time

Number of Applicants

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Job Description - Venture Associate

Job Purpose:

Reporting to the Venture Architect, the Venture Associate will support a team
and partners in developing and driving the successful implementation of a new
venture in an identified target ecosystem, through which to create new product
offerings and channels that create value for Next176. The Venture Associate
combines the skill sets of an entrepreneur, strategist, and business architect
to drive innovation and growth within Next176.

Position Overview:
We are seeking a visionary and strategic-minded Venture Associate to join our
team. In this role, you will work closely with entrepreneurs, internal teams,
and external partners to develop and execute innovative venture strategies. As
a Venture Associate, you will combine your business acumen, industry expertise,
and creative thinking to design and shape the future of our ventures. The ideal
candidate should have a strong entrepreneurial mindset, a deep understanding of
business strategy, and a passion for driving innovation and growth.

Identifying and evaluating
potential business opportunities:

  • You support with the conduct
    market research and analysis to identify emerging trends, technologies, and
    market gaps.

  • You will assess the viability,
    profitability, and scalability of new ventures. You will be required to
    collaborate with entrepreneurs and internal teams to identify market
    opportunities and assess the feasibility of new ventures.


Market Research and signals
validation:

  • Conduct in-depth market
    research, competitor analysis, and customer insights to inform venture
    strategies and business models

  • Conduct in-depth market research
    to identify potential opportunities and trends

  • Analyse industry landscapes,
    competitive environments, and customer behaviour.

  • Identify potential ideas to take
    through the venture building topic validation process

    Develop hypotheses and drive
    research into them

    Provide insights to support
    decision-making in venture creation.

    Assess risks and opportunities
    associated with potential ventures.
Project Management:
  • Project management of research and validation initiatives
  • Coordinate and manage project timelines, milestones, and deliverables.
Collaborate with cross-functional teams to drive the development of new
ventures.

  • Assist in the implementation of business strategies and go-to-market
    plans.

  • Working with venture architects & product teams to support the build
    of prototypes and products to ensure alignment with research findings

Collaborate with entrepreneurs and internal teams to identify market
opportunities and assess the feasibility of new ventures.


Reporting:
  • Prepare regular reports and updates for the Venture Architect and other
    stakeholders.

  • Communicate key insights and findings effectively to support
    decision-making.

Work closely with cross-functional teams, including product managers,
designers, marketers, and engineers, to align venture strategies and execute on
business objectives.



Requirements

  •  Bachelor's degree in Business
    Administration, Entrepreneurship, Finance, or a related field.
  • Proven experience in venture
    development, business strategy, or entrepreneurship.

  • Strong analytical and
    critical-thinking skills, with the ability to assess market trends, identify
    opportunities, and make strategic decisions.

  • Solid understanding of business
    models, financial analysis, and investment principles.

  • Excellent communication and
    interpersonal skills, with the ability to collaborate effectively with diverse
    stakeholders and entrepreneurs.

  • Strong project management
    skills, with the ability to prioritise tasks, meet deadlines, and manage
    multiple projects simultaneously.

  • Ability to think creatively,
    challenge the status quo, and propose innovative solutions.

  • Strong leadership and mentorship
    capabilities, with the ability to inspire and guide entrepreneurs.

  • Passion for entrepreneurship,
    startups, and driving innovation in the business landscape.

  • Familiarity with venture
    capital, startup ecosystem, and emerging technologies are desirable.




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