Chief Executive Officer for MII Foundation

About MII Foundation

The Incubation Program at MII Foundation is designed for startups with scalable and sustainable product or service ideas, offering a comprehensive support system that includes valuable expertise, technological support, investor access, market entry assistance, and extensive networking opportunities. Through a robust network of mentors providing sector-specific and domain-specific guidance, startups can develop a scalable business strategy, create a functional Minimum Viable Product (MVP), establish a market-ready and sustainable revenue model, and qualify for seed stage funding. The program encompasses rigorous training, business consultation, and milestone-driven incubation support to ensure startups receive the necessary handholding to thrive and succeed.

Key Result Areas (KRA) – CEO of Incubation Company (Section 8)

1. Strategic Leadership & Vision

• Define and implement the strategic roadmap of the incubation center aligned with the company's not-for-profit objectives.
• Ensure alignment with government policies, startup ecosystem goals, and institutional/academic objectives.
• Develop sector-specific focus areas (e.g., tech, healthcare, agritech, social enterprises).

2. Incubation Program Development & Management

• Design and execute incubation, acceleration, and pre-incubation programs.
• Build a pipeline of high-potential startups and entrepreneurs.
• Provide mentoring, capacity-building workshops, and networking opportunities.
• Establish measurable KPIs for startups (funding raised, jobs created, market traction).

3. Financial Sustainability & Fundraising

• Mobilize resources through CSR partnerships, government grants, international agencies, and institutional support.
• Develop revenue streams (program fees, equity stakes, consulting services, sponsored projects) while adhering to Section 8 restrictions.
• Ensure cost-effective operations and financial sustainability.

4. Partnerships & Ecosystem Development

• Forge collaborations with corporates, investors (VCs/angels), academic institutions, and government bodies.
• Establish MoUs with ecosystem enablers (accelerators, incubators, R&D labs).
• Build international linkages for global exposure of incubated startups.

5. Compliance & Governance

• Ensure statutory compliance under Section 8 of Companies Act, 2013 and other applicable laws (Income Tax, CSR provisions, FCRA if applicable).
• Regular reporting to Board of Directors/Advisory Council.
• Maintain transparency, accountability, and governance best practices.

6. Monitoring & Impact Assessment

• Track performance metrics of incubated startups (funding raised, patents filed, products launched, revenues generated).
• Publish annual reports highlighting impact in terms of employment, innovation, and social contribution.
• Drive outcome-based evaluations for continuous improvement.

7. Branding, Outreach & Advocacy

• Position the incubation company as a leading ecosystem enabler.
• Promote incubated startups through media, events, and demo days.
• Represent the company at industry forums, policy discussions, and global conferences.

8. Innovation & Technology Enablement

• Establish labs, prototyping facilities, co-working infrastructure.
• Encourage adoption of emerging technologies (AI, IoT, biotech, green tech).
• Facilitate IP creation and technology transfer.

9. Long-Term Sustainability & Legacy Creation

• Build a model that continues beyond grants—ensuring resilience and continuity.
• Develop alumni networks of successful startups to contribute back to the ecosystem.
• Contribute to national priorities (Startup India, Digital India, Make in India, Atmanirbhar Bharat, etc.).

Qualifications

• Bachelor's degree or equivalent experience
• MBA
• 10+ years' experience in business related field
• Strong leadership, decision making and communication skills