Chief Executive Officer for MII Foundation

Job Description

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 companys 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 corporate, 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 grantsensuring 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&aposs degree or equivalent experience
- MBA
- 10+ years&apos experience in business related field
- Strong leadership, decision making and communication skills