Startup Incubator Job – Young Professionals Program – FITT, IIT-Delhi

The Foundation for Innovation and Technology Transfer (FITT) at the Indian Institute of Technology Delhi, offers aspiring talent the Young Professionals Program to nurture the startup innovation ecosystem in Asia and develop themselves into capable professionals.

This role is an excellent way for talented aspirants to get hands-on experience, grow their networks, and build their careers. Young Professionals (YPs) are entrusted with real-world responsibility, co-manage programs, and learn best practices to leverage innovation for good while nurturing high-impact tech startups and communities. YPs receive 12 months of learning and guidance, ample responsibility, and an opportunity to build relationships with some of the most successful entrepreneurs, investors, and ecosystem enablers worldwide.

PROGRAM TIMELINE:

December 2023 – November 2024

PROGRAM FORMAT:

Offline, mostly asynchronous with synchronous orientation, boot camps, and masterclasses at the Research and Innovation Park, Indian Institute of Technology Delhi.

PROGRAM JOURNEY:

• Orientation with functional leaders
• Projects under managers with periodic reviews
• A buddy mentor for handholding during the program
• Assessment and career acceleration for final role placement

The stint exposes participants to a variety of disciplines and business functions and provides exposure to a variety of businesses and functions connecting engineering, design, business, and policy. The project allocations are based on business goals, YPs’ strengths, and development requirements.

GRADUATION:

After successful completion of the program, participants will be placed in entry-level management roles by FITT. A post-graduate certificate and letter of recommendation will be provided.

THIS JOB COULD BE RIGHT FOR YOU IF YOU:

• Have the passion to serve and identify with the mission of making India one of the best innovation ecosystems
• Like learning by doing in a practical way and have a proven aptitude for quick creative thinking with acute attention to detail
• Want to work with the famed startup portfolio of FITT-IIT Delhi
• Possess excellent data visualization, business acumen, project management, and presentation skills
• Are self-driven for achieving results, able to work in pressure environments, multi-task, and solve problems
• Ability to communicate (verbal & written) with business and technical teams

ELIGIBILITY:

• Hold an Indian or Overseas Citizenship of India
• Not more than 26 years of age as of December 31st, 2023
• Graduate or Post-Graduate in Science/ Biotechnology / Life Sciences/ Computer Application/ Engineering/ Mathematics; 1-3 years of relevant work experience (desirable)

IDEAL CANDIDATE:

• The DNA = Startup Experience + Empathy
• The Brain = Growth Mindset + Dot Connector + Teacher
• The Body = Energy + Execution
• The Upbringing = Diverse Experiences + Community Connections
• The Ability To Lead The Tribe = EQ + Charisma
• The Reason To Live = Internal Motivation

RESPONSIBILITY:

• Build and engage active communities in different technologies and sectors in the incubation and acceleration cohort.
• Help conduct training programs, hackathons, boot camps, investor showcases, masterclasses, grand challenges, and corporate round tables.
• Be a ‘startup buddy’ to a group of 10-15 startups and develop a 360-degree understanding of individual startups to enable fruitful engagements with corporate, mentor, and investor connections we make.
• Evangelize deep-tech, scout, and onboard innovative startups
• Enable incubated startups with market and strategy research.
• Assist in program management, budgeting, and operations.
• Contribute towards PR, digital media, outreach, and networking efforts.
• Track and review the progress of portfolio startups and make recommendations for improvement.
• Manage infrastructure, labs, scientific equipment, and technical projects.
• Provide information after due research to help fund managers make investment decisions.
• Perform any other duties as assigned by the management team.

STIPEND:

YPs will be paid a stipend of INR 25,000 – 35,000 per month CTC (based on experience). In addition, they will be reimbursed for official travel (as per actuals in accordance with the TA policy).

APPLICATION PROCESS:

Email your latest Resume (with the subject: FITT YOUNG PROFESSIONALS PROGRAM) to incubation@fitt-iitd.in. For any query, please reach out to Mr. Kiran Sabale at +91 95611 60509.

APPLICATION DEADLINE:

Early Admit – 11:59 IST on September 30th, 2023
Regular Admit – 11:59 IST on October 5th, 2023

RESULT:

Application screening and shortlisting of candidates post-interview will be done by the selection committee appointed by FITT-IIT Delhi. Successful and waitlisted candidates can expect the outcome of their application via email (and phone) by the end of the day on the mentioned dates.

Early Admit – Friday, October 6th. Regular Admit – Friday, October 14th.

The interview schedule and process will be intimated to the shortlisted candidates and completed by Saturday, October 28th; induction is tentatively scheduled for Wednesday, November 15th, 2023, and Friday, December 1st, 2023.

ABOUT FITT-IIT DELHI:

Foundation for Innovation and Technology Transfer is the industry interface organization of the Indian Institute of Technology Delhi. It is India’s leading innovation ecosystem, with a rich innovation legacy built on a vision for a self-reliant India since 1992. The flagship incubator has supported more than 300 startups and is currently managing over 25 programs to support innovators and entrepreneurs.

FITT manages multiple incubation, acceleration and funding initiatives at various campuses of IIT Delhi including the NIDHI Centre of Excellence, BioNEST, Atal Incubation Centre, DS Centre of Entrepreneurship, etc. It has multiple campuses in the Delhi NCR which is revered as the most vibrant startup ecosystem in India, take a virtual tour here: https://youtu.be/MTsmqCgNafA. The organization’s vision is to encourage research translation, and scale startup innovation ecosystem in Asia.