As part of the GIIN’s mission to accelerate the scale and effectiveness of impact investing, we publish job openings from GIIN members and other impact investing leaders.

Impact Investment Fund Design Fellowship

at TechnoServe in Remote

About the Job

Role: Food/Ag Tech Impact Investing Fund Design Fellowship

Location: Remote (pro bono, cannot provide per diem or cover other expenses)

Timing: Two/Three months starting in/around January

Language: Fluent English (a must), Spanish/French/Portuguese (a plus)

Food demand is expected to increase anywhere between 59% to 98% by 2050 which will re-shape agricultural and food markets in ways we have not seen before. Increased food production and distribution may lead to significant consequences on the environment and, conversely, climate change–driven issues (water scarcity, rising global temperatures, extreme weather) will have severe long-term effects on crop yields and farmers’ livelihoods. Moreover, failing to meet food demand in each location will lead to severe negative social effects.

The new and growing Ag/Food tech start up sector can provide the required innovation(s) to alleviate these challenges. Food tech is defined as “the intersection between food and technology; the application of technology to improve agriculture and food production, the supply chain and the distribution channel”. However, promising food tech startups with a proven concept and regional/global potential (“scale ups”) based in developing countries face a gap in access to “smart capital” that is reducing its ability to realize its business and impact potential.

TechnoServe will design, fundraise and manage a pilot impact investment fund to fill this gap in selected emerging markets by leveraging on its access to relevant knowledge, networks and capital.

II. TechnoServe Fellow’s Role

The selected Fellow will design a TechnoServe’s pilot impact investing fund aimed at providing smart capital to Food tech “scale ups” in selected emerging markets. He/She will report to the Global Entrepreneurship Director and will receive support from multiple relevant senior members of TechnoServe staff.

The assignment will include two stages:

1) Targeting: the purpose of this stage is to analyze the relevant Food Tech start up and investing landscape in emerging markets to identify an attractive target market to position TechnoServe’s impact fund. The selected target market will be defined in terms of geography, industry, stage of business, size of investments, etc. and should represent a significant potential for TechnoServe to leverage on its strengths to unlock investments and ultimately impact and financial returns.

2) Fund Design. In this stage the fellow will design the pilot fund and develop a pitch deck that can be used to present the initiative to potential funders. The pitch deck will include, among others: an assessment of the gap in the target market, investment thesis (target investee/ fund value added/ expected financial and impact results, etc.), fund overview (fund size, number of investments, stage, investment size, industry/sector, location, target company ownership, etc.), deal sourcing strategy, investment process, fund model/structure (including fee structure), credentials of TechnoServe and partners among other relevant information.

III. Deliverables

  • Draft and final Targeting deck
  • Draft and final Fund design deck

IV. Logistics

As this is a pro bono consulting position, TechnoServe will not provide fees for the services completed.

TechnoServe is an Equal Opportunity Employer of Minorities, Females, Protected Veterans and Individuals with Disabilities.

For more information, see our website here: https://www.technoserve.org/work-with-us/fellows-program/

Qualifications

The ideal candidate will have:

  • Master degree in Business
  • Strong Value Chain/Private Equity experience including fund design/management
  • Strong experience in the food tech sector
  • Working experience in USA or Europe and Emerging markets (Africa and/or Latin America)
  • Strong analytical skills
  • Strong presentation skills
  • Passion for development
  • Fluent in English (must), desired Spanish/French/Portuguese

To apply

TechnoServe

TechnoServe is an independent, non-profit, non-governmental organization, incorporated in the United States of America, with a presence in over thirty countries. Its mission is to work with entrepreneurs in the developing world to create more competitive farms, businesses and economic sectors. Its vision is to be the most effective catalyst and partner in implementing practical, market-based, transformative solutions to poverty.