Focus: Emerging Market Venture Capital, Investment Advisory & Business Strategy
About I-DEV International
I-DEV is a global strategy and investment advisory firm with offices in Lima (Peru), San Francisco (USA) and Nairobi (Kenya) committed to unlocking the unique insights, innovation and investment needed to build and scale high-impact businesses around the world. We advise on private sector strengthening initiatives and directly support SMEs (Small Medium Sized Enterprises) in their Seed through Series C rounds to become regional and international leaders. By building these leading businesses and a stronger private sector, we are creating jobs, bolstering local economies, and reducing stressors that drive conflict. I-DEV has worked in over 10 sectors to create game changing impact; however, core areas of expertise include Mobile/Internet Technology, Clean Energy, Sustainable Agriculture, and Emerging Markets Supply Chains.
Founded in 2009, I-DEV has become known as “a unique combination of grassroots development, hard-nosed business and savvy 2.0 smarts.” We have built a network of clients and partners that includes 100+ emerging market and impact investment funds (with over $10 billion in combined committed capital), Fortune 500 corporations, high impact SMEs, and leading foundations and development organizations.
I-DEV Africa Sample Engagements
Sole-Sell Side Advisor for a Series Seed round of $1.5M for Kenyan m-commerce enabled B2B distribution company
Program review and strategy development for the World Bank and leading clean energy companies on market-based interventions that will bring clean energy and improved cooking solutions to East Africa’s refugee camps and slums
Sole-Sell Side Advisor on $4M capital raise & Pan-African expansion strategy for largest branded beverage company in Burkina Faso
Due diligence strategy & advisory support to USAID’s Development Innovation Ventures (DIV) grant program focused on investing in high-impact for-profit and non-profit innovations
Analysis & entry strategy for developing leading cold chain infrastructure business in East Africa
Ongoing due diligence, fund management and fund strategy support to the Global Alliance for CleanCookstoves, ranging from early stage capacity building to pilot innovation and growth stage venture grant initiatives
Field focus groups and value chain mapping of the livestock & meat sector in Kenya to make recommendations to a leading development initiative on priority investments to attract foreign investment
East Africa market penetration and growth strategy for leading South African clean energy company
Position Description & Responsibilities
As an Associate Fellow in I-DEV’s Africa regional headquarters, you will:
Work directly with I-DEV’s local and global teams, as well as have frequent and direct exposure to I-DEV Global Partners on active assignments, both with the Insight & Strategy and Investment Advisory Groups, gaining broad exposure to emerging market investment, impact investing and international development sectors;
Be paired on assignments based on expressed interest, where possible, and focused on existing live engagements;
Provide support & lead in compiling proposals and pitches to potential clients;
In some cases, will have an opportunity to travel for projects throughout the region and globally.
I-DEV takes pride in our Fellowship program and the immersion experience on day-to-day operations and training to make sure your time is well spent with us. Beyond the Fellowship, I-DEV will help all Associate Fellows to consider and connect with others in our network regarding a next career move. In special cases, Associate Fellows may be considered for a permanent position with I-DEV after completion of the Fellowship.
Qualifications & Selection Criteria
At I-DEV, we seek to hire and train the next emerging markets and global leaders focused on high-impact business solutions, and to share critical insights developed through our work. We seek world travelers, adventurers and game changers who believe anything is possible and that we can make it happen. Our teams are lean, yet not afraid to go above and beyond or get our hands dirty to uncover the best solutions for our clients.
Min. 2 years in management consulting and/or venture capital, private equity or impact investing
Proficient in financial modeling and cost/benefit analysis; strong quantitative skills
Strong critical thinking skills and growth mind-set
Strong organizational and project management skills
Strong history of team collaboration and effective internal/external communications
BA, BS or equivalent undergraduate degree; graduate degree (ideally, MBA) in finance or business a plus, or similar certification such as CFA
Comfortable working independently and in an entrepreneurial, start up environment
You may be a perfect fit, if these also describe you…
Independent, proactive and comfortable asking the hard questions
Creative in identifying cost-effective solutions to any challenge
Adventurous, open-minded and ready to learn
Humble in collaboration and bold in ideas and brainstorms
Passionate about problem solving and emerging markets development
Believe that businesses- social enterprise or not- can create powerful change in emerging markets, and that long-term financial stability and growth of any business is a critical first step to creating meaningful social and environmental impact
Note: All Associate Fellow positions for the July–December 2018 cohort have been filled. If you submit an application now, you will be considered for the January–July 2019 cohort. Shortlisted applicants can expect to hear back from us between September–November 2018.