Lead, Innovation Strategy (MENA)
500 Startups, Saudi Arabia

Experience
1 Year
Salary
0 - 0
Job Type
Job Shift
Job Category
Traveling
No
Career Level
Telecommute
No
Qualification
Bachelor's Degree
Total Vacancies
1 Job
Posted on
Feb 23, 2021
Last Date
Mar 23, 2021
Location(s)

Job Description

Our Mission

We uplift people and economies around the world through entrepreneurship.

Who We Are
We have backed more than 2,400 companies or 5,000+ entrepreneurs in 75+ countries. Notable investments in the 500 portfolio include Credit Karma, Twilio, Canva, Grab, Bukalapak, The RealReal, Talkdesk, Knotel, Udemy, and Ipsy. Most significantly, those companies have helped create thousands of jobs and delighted millions of customers all over the world. Because of our global network and expertise, we are in a unique position to build startups ecosystems worldwide.

500 Startups - a leading global venture capital firm and startup accelerator - is seeking an entrepreneurial, adaptable professional to lead the commercial scaling of its Global Innovation business throughout the Americas.

About the Lead, Innovation Strategy Role

The Innovation Strategy team contributes to 500 Startups' mission of developing innovation ecosystems around the world. We partner with corporates, investors, governments, and foundations to train and connect investors, startups, and corporate executives to our global tech-focused community and experts. Some of our hallmark programs include startup accelerators, startup bootcamps, investor education, bootcamp for accelerator managers, and corporate-startup engagement. 500 Startups also works to encourage best practices surrounding innovation to create positive and thriving global innovation ecosystems.

What You Will Do

This role will be key to understanding new market opportunities, developing new client relationships, and designing new products and solutions, to help 500 Startups scale our work across the world.

You will build on the 500 Startups platform to help create new services and technology products that will be successful in the market. You will do this by developing partnerships that will enable 500 Startups to bring the best practices and knowledge of Silicon Valley to other domestic and international markets in the form of accelerators, bootcamps or other venture education programs.

Key Responsibilities

  • Identify new market expansion opportunities to continue to grow the 500 Startups family and advance our mission
  • Support the entire business development process, from qualifying potential partners, to designing solutions and writing proposals, to negotiating and closing deals
  • Continue to refine 500 Startups’ ecosystem building strategy to amplify impact in nascent markets around the world
  • Help create thought leadership to communicate to senior leadership on leading global companies, governments and institutions, based on researching trends in market development and ecosystem building, trends in technology-driven transformation of economies, monitoring our programs’ long term impact, and other relevant data points

Who you are

You are a former management consultant that is passionate about having a real tangible impact accelerating tech-enabled startup ecosystems around the world. You have deep experience and expertise in working in and with the Saudi Arabian Market. You understand technology, innovation and venture capital, and how they can be harnessed to attract talent, generate wealth and transform economies. You are able to understand complex issues that involve multiple stakeholders, find ways to align interests and incentives, and devise programs that advance everyones’ goals. You are able to articulate a high level vision but also draw out a plan to make it happen. You can develop relationships with high level stakeholders and drive them to close business opportunities. But most of all, you are humble, a team player, like to have fun and get sh*t done.

This position will ideally be based in Riyadh, or for someone who can easily travel and have access to Riyadh and Jeddah.

Requirements

Must have

  • Passionate about technology, startups, and innovation
  • Highly independent, organized, resourceful and results-driven
  • Ability to learn quickly and perform in a rapidly-evolving, fast-paced environment
  • Can develop strong client relationships with senior executives
  • Able to identify growth opportunities by forging and developing relationships
  • Able to clearly analyze and articulate key strategic considerations
  • Can systematically prioritize among different priorities
  • Can maintain high-quality work product while operating under tight timelines
  • Strategic communicator who likes getting in front of people to evangelize our products amp; build brand awareness
  • A strong tech / corporate / government network to tap for sourcing partner opportunities
  • Naturally collaborative and can bring in stakeholders from different teams to help close deals
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Job Specification

Job Rewards and Benefits

500 Startups

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