About the Job
Youth Entrepreneurship Finance in Emerging Markets
Request for Expression of Interest
Assignment Title: Youth entrepreneurship finance consulting assignment
Assignment country(/ies): Emerging markets with pilot in Ghana, Morocco and Tunisia
Publication Reference: YEF consultant
Publication Date: 03/07/2018
Deadline for Requesting clarification: 17/07/2018, 23:59 CET
Deadline for Expressions of Interest: 31/07/2018, 23:59 CET
Individual/Firm: The consultant can be an individual or a firm
Provisional date of invitation to tender: 07/2018
Provisional commencement date of the contract: 09/2018
Anticipated duration of assignment: 12 months
1. Description of the assignment
Introducing the Dutch Good Growth Fund (DGGF)
The Dutch Good Growth Fund/financing local SMEs is a “fund of fund” investment initiative from the Dutch Ministry of Foreign Affairs that aims to improve financing for the “missing middle” – i.e. entrepreneurs who have outgrown micro-finance but do not yet have access to conventional capital markets.
The Seed Capital and Business Development (SC&BD) program was established to further the impact of the DGGF by providing Technical Assistance, Seed Capital and Business Support Services to financial service providers, ecosystem players and local SMEs.
DGGF seeks to address youth entrepreneurship issues in emerging markets. DGGF aims to support the development and growth of ecosystems that offer quality, accessible and affordable financial and non-financial services to young entrepreneurs . In this space, DGGF supports a variety of financial service providers (like venture capital funds, mezzanine funds, MFIs, angel networks) and non-financial service providers (hubs, accelerators, incubators). DGGF supports locally championed initiatives that facilitate access to appropriate finance for young entrepreneurs with business models and services that offer potential to scale.
Introducing the assignment
To more actively support local stakeholders and initiatives that address fundamental challenges faced by young entrepreneurs, DGGF is launching a Youth Entrepreneurship Finance (YEF) program that seeks to identify and support the most promising initiatives in key countries in Africa and the Middle East , with an anticipated launch in Ghana, Morocco and Tunisia. This program will commence with a 12-month pilot phase for which DGGF is looking for a youth entrepreneurship finance consultant who will further develop and implement the program. The pilot phase will inform the longer-term design and implementation of the YEF program so it may be rolled out efficiently in the rest of key countries.
The youth entrepreneurship finance consultant – an individual or a firm – will contribute to improving access to finance for young entrepreneurs in selected countries by:
• Deepening the understanding of young entrepreneurs’ characteristics, needs and challenges
• Strengthening the understanding of young entrepreneurship finance services and initiatives (including success and efficiency factors)
• Developing and disseminating business cases and best practices on the provision and implementation of young entrepreneurship finance services and initiatives
• Building a linking & learning network of young entrepreneurship finance providers
• Selecting a number of local young entrepreneurship finance -initiatives to benefit from capacity building and finance support from DGGF
• Actively collaborating with Dutch Embassies and other relevant ecosystem stakeholders on the above.
Under this specific assignment, the consultant will develop a detailed plan of action which he/she will subsequently execute. We anticipate the design and execution to take place over the course of 12 months in a (near) full-time capacity, with frequent travel to the region. This assignment might be followed by another one, depending on the outcomes of the pilot.
2. Qualification criteria
The ideal consultant will have the following profile:
• An unwavering passion for youth entrepreneurship finance
• 7+ years of relevant working experience
• Fluency in English is a must, French is a significant asset, Arabic is an asset.
• Solid background in finance, preferably early-stage investing in emerging marketsYou
• Familiarity with non-financial support to entrepreneurs, preferably in acceleration/incubation in emerging markets
• Proven skills in networking, active cooperation and working with a range stakeholders (government, financiers/investors, NGOs, business development support providers, academia, entrepreneurs)
• Exposure and existing network in Africa and/or Middle East.
• Entrepreneurial mind-set, self-starter, pursuing creative and pragmatic solutions with a sound underlying thesis.
Expressions of interest must be submitted electronically , by completing the four questions posed during the online application process. Applications must be submitted electronically by 31/07/2018, 23:59 CET to Judith Rosenbrand, via: http://jobs.triplejump.eu/o/youth-entrepreneurship-finance-consultant
On the basis of the expressions of interest received, candidates may be short-listed to submit a full proposal to be assessed as part of the final selection procedure.
Triple Jump B.V.
Triple Jump is an independent, responsible investment manager focused on impact investing in emerging markets. We are headquartered in Amsterdam, the Netherlands with regional offices in Georgia, Peru, Mexico, Thailand and Kenya. Our investment portfolio spans more than 60 countries.
Triple Jump targets financial sector development and invests in institutions that service the bottom of the pyramid. Triple Jump offers professional fund management services to investors, ranging from asset selection, to portfolio management to fund administration. Thanks to mandates from multiple investors Triple Jump can provide services to financial intermediaries in all stages of their development. Triple Jump’ investees include financial institutions (ranging from NGOs receiving their first funding to regulated banks) and investment funds in developing countries.