Manager – Business Development/Incubator

Job description / Role

Make a Difference!

Manager-Business Incubator

With over one hundred forty current employees in Yanbu, we are always looking for dynamic new key staff members that are up for the challenge of a foreign assignment in a remote location. The initial contract term for new members of the team is 24 months with one year extensions dependent upon performance and on-going needs.

Position Scope:
The Incubator Manager will be the prime interface for entrepreneurs and responsible for managing the operations, planning, marketing and development of the business / technology Incubator. This position requires a team player with leadership qualities, excellent marketing skills, a professional and positive attitude, organization and dependability. This is a challenging role but at the same time makes available endless opportunities and learning for the candidate.

Job Duties:
The Incubator Manager will be completely responsible for leading the incubator operations. This would be inclusive of the following:
1. Overall planning the activities, resources, budgets and operations of the Incubator.
2. Pre-incubation: Deal Flow generation, Screening of proposals, Research, Patent landscaping, working with entrepreneurs for their proposals, resenting proposals to the next level for selecting incubates.
3. Incubation: Lead formation of new business and provide incubation facilities to enable commercialization of the business: To induct new entrepreneurs; create Incubation plans and implement them, assist in writing business plans, keep track of the Incubation process; help the incubates prepare proposals for getting funding, etc.
4. Events and workshops: Plan various workshops/events/webinars for the Incubator, and execute the same with the help of team members.
5. Mentor Network: Develop the mentor network for the Incubator and work with them to make the Incubated venture successful.
6. Partnerships: Forge partnerships with other organizations for providing services to the incubates or the incubator; marketing the incubator, sponsorships…etc. Liaison with the government and industries.
7. Marketing the Incubator and Business Development: Be the face of the Incubator and actively promote it through various channels etc.
8. Funding for Incubatee Projects: Work with co-ordination with senior management for setting up and seed funds for start-ups.
9. Building and Managing the Incubator team.
10. Prepare all required reports and maintain a comprehensive set of records on all tenant activity, client activity and staff involvement in the process of tenant recruitment.
11. Administration of the Incubator and any other activities which requires the manager’s involvement.

Requirements

• A Bachelor’s Degree in Business Administration from a accredited university. Master’s Degree in Business Administration is desirable.
• 7 to 10 years experience in a business incubator, a start-up advisory or any kind of entrepreneurial experience would be preferred.
• Must be Computer literate.
• Should have excellent communication and writing skills in the English language.

About the Company

Parsons is a leader in many diverse markets such as infrastructure, transportation, water, telecommunications, aviation, commercial, environmental, planning, industrial manufacturing, education, healthcare, life sciences and homeland security.

Parsons provides technical and management solutions to federal, regional and local government agencies as well as private industries worldwide.