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Chief Executive Officer for MII Foundation

Chief Executive Officer for MII Foundation

ConfidentialIndore, India
9 days ago
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 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 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 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&aposs degree or equivalent experience
  • MBA
  • 10+ years&apos experience in business related field
  • Strong leadership, decision making and communication skills

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    Skills Required

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