VJTI-TBI is the Technology Business Incubator established at Veermata Jijabai Technological Institute (formerly Victoria Jubilee Technical Institute) under Department of Science and Technology’s NIDHI-TBI Scheme (National Initiative for Developing and Harnessing Innovations). Located in the vibrant city of Mumbai, VJTI-TBI will objectively support technology based entrepreneurs and start-ups focused on the energy, cleantech, EV, AI/ML, IoT and cybersecurity sectors.
We are looking to build a passionate team to manage various roles at VJTI-TBI and are seeking experienced candidates to fill the following posts:
Name of Position | Investment and Portfolio Manager |
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Qualification |
Bachelor’s degree in Finance Management or relevant domain, preferably with MBA. |
Roles and Responsibilities |
Provide advisory and support services to program portfolio companies. Consult start-ups on their business and financials when needed and create timely portfolio reports. Perform ongoing monitoring of portfolio companies, including regular update reviews and other key performance indicators. Facilitate investments and support start-ups in their fundraising. Interact and maintain relationships with portfolio companies, mentors, and investors. Deal scouting and analysis for new investment and incubation opportunities. Ability to attract CSR funding from Corporate and relevant entities. Coordinate with PI-Coordinator, CEO, Incubation Manager, and Finance Officer to ensure smooth operations of the incubator. Undertake other relevant activities assigned for the project and assigned by the supervisor. |
Experience |
0-3 years of experience working in strategy, sales, investments, or program management roles. Excellent spreadsheet and financial modelling skills with knowledge & understanding of financial technology / financial inclusion sector would be an added advantage. Desirable: Work experience in start-up eco-system |
Salary |
Consolidated salary of INR 60,000 /- per month (Negotiable for the Exceptional Candidate). |
Name of Position | Finance Officer |
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Qualification |
Master’s Degree in accounting or financing or relevant domain. |
Roles and Responsibilities |
Ensure accurate and appropriate recording of disbursements of Project funds; maintaining the set of books required according to Organization and regulatory guidelines. Ensuring proper documentation & recording of financial transactions, prepare and submit a regular report on an annual & quarterly basis including budget revisions based on corresponding line-item budgets approved by NIDHI TBI. Preparation of payroll and general voucher of salaries and other documentary requirements for disbursements. Manage entries of expenditure and other relevant details on PFMS portal. Ensure data is regularly updated on PFMS portal. Establish a record of management system for the project both in paper and electronic. Ensures project compliance with applicable internal and external requirements. Undertake other relevant activities assigned for the project and assigned by the supervisor. |
Experience |
3-5 years of experience in finance, accounting and administration, preferably in an Incubation Centre or similar settings. Desirable: Work experience in start-up eco-system |
Salary |
Consolidated salary of INR 50,000 /- per month (Negotiable for the Exceptional Candidate). |
Name of Position | Management Interns |
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Qualification |
Pursuing MBA/ MTech or ME in Engineering or in Final Year BTech or BE Engineering |
Roles and Responsibilities |
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Experience |
Must have strong verbal and communication skills.
Must have Good analytical skills. Knowledge of EV/Startup Ecosystem will be an added advantage Duration of Internship is 2 to 3 months depending on the deliverables |
Salary |
At par with the Industry standards |
Name of Position | Chief Executive Officer (CEO) |
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Qualification |
Ph.D. in a scientific field or related field with experience in leading startups/innovation ecosystem and knowledge of Finance. |
Roles and Responsibilities |
Designing & managing Incubation and Acceleration programs Identify students for the Innovation Centre; discerning their readiness to start or expand a business. Instructing or coordinating with the expert and assisting students in the areas of business plan development, market analysis, identification of and process to apply for sources of capital for business development and growth, business tax issues, and laws related to employment issues. Qualify and evaluate applicants and support selected start-ups for creativity, innovation, acceleration and investment stage. Develop and maintain partnerships with other public and/or private organisations which provide business development assistance for the benefit of students. Organise informational sessions and programs on issues relevant to startup companies. Assist in preparing annual budget, keeping of the accounts, MIS, reports, database creation & Management of the Centre, preparing presentations and reports for Board Meetings etc. Will be one point of contact for the centre at VJTI-TBI. Define, build and finalize client agreements and all other compliance work around incubators and start-ups. Manage the day-to-day interaction with the start-up incubatees and support them for fundraising activity. Ensure all diligence and financial requirements are duly met as per requirements of Govt Agencies, IT Dept and Commissioner of Charities. Conduct workshops/training on emerging technology areas. Monitor risk management strategies and action plans. Liaise with various bodies, business units, financial companies, funding companies/ organisations, banks etc for the start-ups. Basic marketing including; regular social media posts, event participation, material distribution, website updates etc. Foster an environment of learning, excellence and teamwork across the Centre. Coordinate with PI-Coordinator, Incubation Manager, Outreach Manager and Finance Officer to ensure smooth operations of the incubator. Any other work assigned to you by the PI/Chairperson from time to time. |
Experience |
Must have at least 5 years of experience in a Technology Business Incubator or Business Incubator setting/ Mentoring/ Entrepreneurship activities. Must have experience in IPR processes and IP commercialization. Must have experience in managing grants for incubators/startups (e.g. DST-NIDHI-PRAYAS and DST-NIDHI-EIR)/ exposure to different options. Must have experience in building collaborations/MoU with Angel Investors and Venture Capital Firms. Must have experience in engaging with Mentors and Entrepreneurs. Must have experience in planning, designing, and executing training programs and workshops related to entrepreneurship and innovation. Should be aware of grant management on PFMS portal. |
Salary |
Consolidated Salary of INR 1,75,000.00 per month subject to work experience and recommendation of DST and HI (Negotiable for the Exceptional Candidate). |
Name of Position | Incubation Manager |
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Qualification |
Master’s degree in Science / Engineering or relevant domain, preferably with MBA. |
Roles and Responsibilities |
Designing & managing Incubation and Acceleration programs. Qualify and evaluate applicants and support selected start-ups for creativity, innovation, acceleration, and investment stage. Manage the day-to-day interaction with the start-up incubates and support them for fundraising activity. Ensure tight management of milestones and progress of entrepreneurs and start-up companies. Understanding of basic finance and accounts, grant management, and PFMS reporting. Preparing presentations and reports for Board Meetings. Coordinate with PI-Coordinator, CEO, Outreach Manager, and Finance Officer to ensure smooth operations of the incubator. Undertake other relevant activities assigned for the project and assigned by the supervisor. |
Experience |
1-3 years of experience of working with entrepreneurs, start-ups, learning/ tinkering labs, incubator or incubation consultancy. Desirable: Demonstrated ability to cultivate, build and maintain strong working relationships with start-ups, entrepreneurs, mentors, universities, research institutions, industry experts, associations, chamber of commerce & industries, state & central government, and angel investors. |
Salary |
Consolidated salary of INR 75,000 /- per month (Negotiable for the Exceptional Candidate). |
Name of Position | Senior Innovation Catalyst |
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Qualification |
Bachelor or Master degree in Science/ Engineering. |
Roles and Responsibilities |
Good understanding of the technological entrepreneurship ecosystem in the areas of AI/ML, IoT, Blockchain, Green Energy, Data Analytics, and related sectors. Qualify and evaluate applicants and support selected start-ups with product development, testing, and validation in the areas of Energy, Cleantech, EV, AI/ML, IoT, Blockchain, Data Analytics, and related sectors. Plan, design, and execute innovation-based programs including hackathons, innovation challenges, boot camps, and business pitch events in the above thematic areas. Coordinate with industry and corporate entities in Energy, Cleantech, EV, AI/ML, IoT, Blockchain, Data Analytics, and related sectors for providing products and solutions to incubated start-ups at a pro-bono basis through strategic collaborations. Coordinate with PI-Coordinator, CEO, Incubation Manager, and Finance Officer to ensure smooth operations of the incubator. Undertake other relevant activities assigned for the project and assigned by supervisor. |
Experience |
1-3 years of experience working in academics, research, and development roles in areas including Energy, Cleantech, EV, IoT, Big Data, AI, and Blockchain. Desirable: Established record of participating in hackathons, innovation challenges, and publishing research papers including patents (either filed or granted). |
Salary |
Consolidated salary of INR 80,000 /- per month (Negotiable for the Exceptional Candidate). |
Name of Position | Outreach Manager |
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Qualification |
Masters degree with knowledge of Marketing or Communications or related areas |
Roles and Responsibilities |
Develop and execute a strategy for outreach, hunting, attracting, and onboarding deserving and qualified innovative entrepreneurs and start-ups from identified domains/sectors. Actively support development, production, and management of marketing collaterals and its content development. Daily management of marketing channels, executing paid, social media, and content distribution campaigns keeping a close eye on the performance metrics and related budgets. Bring new ideas and support inbound and outbound lead generation campaigns, events, bootcamps, etc. Travel to appropriate places to represent the organization. Ability to attract CSR funding from Corporate and relevant entities. Coordinate with PI-Coordinator, CEO, Incubation Manager, and Finance Officer to ensure smooth operations of the incubator. Undertake other relevant activities assigned for the project and assigned by the supervisor. |
Experience |
3-5 years of experience in Marketing and Communications, Promotional campaigns of large projects, Marketing and communication network management, social media and content distribution campaigns. Work experience in marketing channel‐ partner relationship management, awareness campaigns to promote tech‐projects, tech‐incubation/ tech-startups. |
Salary |
Consolidated salary of INR 50,000 /- per month (Negotiable for the Exceptional Candidate). |
Name of Position | Technical Assistant cum Data Entry Officer |
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Qualification |
Diploma in (Computer Engineering) or B.Sc. (Computer or IT). |
Roles and Responsibilities |
Print, copy, and scan official documentation. CCTV surveillance of the Incubation Centre. Outdoor work for submitting and collecting official documents of VJTI-TBI from the Auditors Office and other Government Offices. Ensure proper documentation of VJTI-TBI in hard files and soft copies. Maintain Inward, Outward, Procurement, and other Service Registers. Coordinate with PI, CEO, and Incubation Manager to ensure smooth operations of the Incubation centre. Maintain Asset Register and conduct Physical Stock Verification. |
Experience |
6-8 years of experience in Office work, Computer handling, Procurement and other Documentation. Desirable: Work experience in start-up eco-system |
Salary |
Consolidated salary of INR 40,000 /- per month (Negotiable for the Exceptional Candidate). |
All above posts are for a period of one year extendable to three years subject to yearly satisfactory performance review.
Candidates are advised to give specific, relevant, correct and full information. All original certificates/documents in support of information furnished in the resume/bio-data must be produced at the time of interview failing which you may be disqualified for appearing interview.
The application may be supported by two recommendation letters of leading persons in the relevant area of expertise.
VJTI-TBI can verify the certificates/documents submitted by a candidate before appointment, at the time of appointment or during the tenure of the service. In case, it is detected that the documents submitted by the candidates are fake or the candidate has suppressed any information, then his/her services shall be terminated. If it is found at a later date that any information given in the application is incorrect/false, the candidature/ appointment is liable to be cancelled/terminated.
VJTI-TBI reserves the right to cancel this advertisement/recruitment in whole or part without assigning any reason at any stage of recruitment process. VJTI-TBI also reserves the right to place a limit on the total number of candidates to be called for interviews. The decision in this regard will be final and binding to the applicant. Only shortlisted candidates will be contacted/informed about the date of test/presentation/interview.
All correspondence shall be made by email only.
Canvassing in any form or bringing outside influence will disqualify the candidates for being considered for the position.
No TA/DA and other expenses shall be provided for appearing for the interview.
Interested candidates must submit an application via Google Form before 18th May 2024, 5 PM
Click on the link to apply