Director of Ventures
Salary: Up to £50,000 pro rata (dependant on experience)
Based: We envisage this role will be based at our Future Business Centre in East London but would involve regular travel to the other centres in Cambridge and Peterborough
Reports to: CEO, Allia Workspace and Serious Impact
Allia is the UK’s leading organisation dedicated to helping impact ventures to thrive. For 20 years, Allia has supported those that aim to make positive change and address the most pressing global and local challenges: through flexible workspace, networking and community in its Future Business Centres; its Serious Impact programme of business support for entrepreneurs; and social finance solutions to help charities create greater impact.
In the last 20 years, we have helped 1,609 ventures to start-up, grow and scale, which have launched new innovations and companies, creating 4,640 jobs and we have issued bonds raising over £333 million to help charitable organisations with development projects and activities.
Our people are pivotal to our success and we have grown expediently. Our team is almost 50 strong in 3 locations and we continue to add to this number. We are an equal opportunities employer who embraces diversity, inclusion and flexible working. In fact, we are the best not-for-profit employer for employee engagement in the Eastern region. We offer a great working environment, true team working ethos, great benefits and much more.
The Role and Challenges
The Director of Ventures role is a critical part of Allia’s leadership going forward and will be a member of our executive team.
As Director of Ventures, you will grow the brand equity of Allia’s venture support activities and lead our ventures team to deliver current incubator and accelerator programmes. You will also develop and implement new service offerings to support our ventures.
You will champion Allia’s venture work to influence government, business and investors, managing key strategic relationships whilst creating new partnerships and business development opportunities.
You’ll manage a brilliant team of Programme Managers and make sure they’re on track with programme design, recruitment, budgets, delivery and impact. You’ll provide timely support and direction to the team members managing each of them.
You will be able to leverage your commercial and entrepreneurial experience to:
- Develop and oversee the execution of a strategy for outreach, hunting, attracting and onboarding deserving and qualified innovative entrepreneurs, and start-ups
- Provide credible strategic guidance to entrepreneurs in areas such as business modelling, sales, and marketing, financing, fundraising, overall strategy, operations etc.
- Qualify and evaluate applicants for creativity, innovation, acceleration and investment stage
- Assist entrepreneurs in proposal writing, pitch deck, business development and connect to investors well as relevant linkages to established companies for business opportunities.
You will report to the Chief Executive.
You’re a confident and competent leader
In previous roles, you’ve led teams, complex projects and/or large programmes. You break down problems with a cool head and take tough decisions when needed but understand the role of mentoring to build strong teams.
You have strong financial skills
You’ve managed a P&L before and you have the skill to quickly read a cash flow and the confidence to make tough decisions when the business demands them. You also understand equity investment and bring angel and VC connections.
You understand entrepreneurs
Whether it’s time spent being around and supporting them or your own experience you will understand the journey of the entrepreneur, the challenges and barriers faced and the fundamental building blocks that create impactful and sustainable businesses.
You’re a shrewd relationship builder
Your ability to build rapport quickly and develop strong working relationships across different stakeholder groups will be based on reading situations quickly and strong interpersonal skills. You will have experience of working with start-ups, entrepreneurs, mentors, universities, research institutions, industry experts, business membership associations, local or central government, and angel investors.
You have a big ‘little black book’
You understand that for start-ups one of the biggest challenges is contacts and connectivity. You will have developed links and contacts into a wide variety of organisations – both private and public – which you can leverage to create benefit.
You’re not afraid of working hard in pursuit of a big vision.
You are a strategic thinker, reliable, deeply collaborative, a quick learner, and thrive in an evolving environment.
In summary, you will have:
- A passion for the mission of Allia and our work supporting impact ventures
- At least 4-6 years’ experience working with entrepreneurs, start-ups, accelerator or incubator or incubation consultancy.
- Financial management skills, including P&L responsibility
- Excellent communication and relationship building skills
- Valid driving licence and own vehicle to enable travel to all FBC locations
- Must be eligible to work in the UK without sponsorship
Nice to Haves:
- Experience of working in Tech for Good / Social Tech or Environmental Tech sectors
- Experience of managing similar incubator / accelerator programmes
- An MBA or MSc in Business Administration or relevant qualification in innovation or incubator management
- Salary range of £45,000 to £50,000, depending on experience
- Great, open plan office in Hackney near London Fields overground, Borough Market and the newly reopened London Fields Lido with easy access to A14 and M11, as well as stunning offices in Cambridge and Peterborough.
- A strong commitment to personal and professional development – with full organisational access to LinkedIn Learning and a healthy annual training budget.
- Minimum of 10% employer contribution to your pension
- Life assurance
- Sickness, accident and illness insurance
- 25 days paid annual leave per year increasing with service to 30 days
- Annual volunteering day to commit to a charity or cause of your choice
- Plus, more!
- Tell us about yourself and why you want this role.
- Tell us about the most rewarding experience of supporting a start-up you’ve ever had.
- Attach your CV and/or link us to a LinkedIn profile or online portfolio.
The closing date for the role is midday on Monday 25th March 2019 although we will be conducting interviews on a rolling basis.
We are committed to building a diverse team and creating an inclusive environment for all employees.