Venture Associate

Promise Venture Studio

Posted: 2/19/2021

Position Type: Full-Time

Function: Programs

Primary domain: Education

City: Remote

Postal code: 94025

State: California

Country: United States

Organization Information:

Budget:

$1M - $3M

Website:

https://www.promisestudio.org/

Mission statement:

We catalyze innovation and impact in the Early Childhood Development ecosystem by attracting, supporting, and connecting social entrepreneurs, ecosystem stakeholders, and capital to drive outcomes for families facing the greatest adversities.

Position Details:

Job Description:

ABOUT PROMISE

Promise Venture Studio aims to address one of the greatest social justice issues facing our country — the equity gap that starts long before children enter Kindergarten.  Due to structural racism and systemic inequality, over five million children under five years old in the US are growing up in poverty and more than half of children from low income families are unprepared for kindergarten.  This reality fundamentally shapes lifelong outcomes.  Our work is rooted in a conviction to do our part to build a world where all children, no matter their background, can fulfill their own promise.

Promise believes that social entrepreneurs, as they have in other fields, can pioneer programs, products, services, and interventions that improve outcomes and close gaps at scale. However, compared to the ecosystem supporting social innovation in K-12 education, for instance, social entrepreneurs in early childhood development (ECD) face significant obstacles to building organizations that can achieve impact at scale.  These obstacles include less venture support, less financial capital, less human capital and less intellectual capital.

Backed by leading investors and philanthropists, Promise is a nonprofit venture studio that helps social entrepreneurs in ECD achieve scaled impact in the face of these obstacles - and help the field dismantle these obstacles over time.  We support any venture (for profit company, non-profit organization, academic institution, etc) that is exploring, developing or scaling products, services and programs that improve outcomes in ECD.  In particular, we focus on ventures and innovators best positioned to have deep impact for families facing the greatest adversity due to structural racism and systemic inequality.

We focus on three interdependent strategies to achieve our mission:

  1. We Support social ventures to improve their business and impact models

  2. We Attract new talent and capital into the field of ECD

  3. And we Connect promising ventures with sources of capital (financial, human, intellectual) and to each other to accelerate their progress. 

Ultimately we believe these strategies will lead to more ventures that improve outcomes for children and families at scale, along with more and more diverse capital for the ECD field.

ABOUT THE ROLE

As a Venture Associate, you will work on a variety of key initiatives that help Promise Venture Studio support the growth and impact of its venture network. You will also have exposure to and work closely with all members of the Promise team, making this a great learning experience. The ideal candidate will have strong entrepreneurial traits and interest and a desire to build a career in social entrepreneurship or impact investing. 


Key Objectives + Responsibilities

  1. Support overall program and Studio operations

    1. Help collect, analyze, and present data from the Promise Venture Network and other programs to inform organizational strategy and measure and grow organizational impact

    2. Be responsible for the design and execution of processes for various Promise programs (e.g., program marketing, application review, event management, participant follow-up)

    3. Manage parts of Promise's operations and technology stack (e.g., Streak CRM, Zoom, Slack, Google Drive, Social Media, etc.), including designing and managing team processes, and training as needed

  2. Research and develop expert content

    1. Source, create, and curate content for the Promise Resource Library that best serves the needs of our innovation community 

    2. Conduct independent research with experts, entrepreneurs and organizations to highlight innovation and document best practices for the field

  3. Support and enhance Promise entrepreneur network community

    1. Proactively engage Promise’s community of entrepreneurs, surface and respond to their needs, and foster meaningful connections among them 

    2. Participate in strategic advising / coaching sessions with ventures in partnership with Promise teammates

    3. Help drive the measurement, evaluation, and communication of the impact of our work and those of the ventures in our network 

  4. Execute additional team projects and responsibilities

    1. We’re a startup too! Things will come up, unexpected events and turns will happen, and it will always be an adventure. We are looking for someone who thrives in this environment, relishes change, finds ways to say yes, thinks on their feet and enjoys juggling various opportunities, challenges and needs that come our way!


Qualifications:

ABOUT YOU

Experience & Competencies

  • Minimum of 2 years of professional work experience 

  • Experience and/or deep interest in social entrepreneurship, early childhood development, education, human services, digital health, technology, or another related field

  • Critical, analytical thinker who can effectively problem solve and collaborate thoughtfully in a fast-paced, dynamic environment

  • Strong analytical ability to collect, evaluate, and present data to inform key organizational strategies and evaluate impact

  • Innate curiosity and skill for discovering, learning, integrating, and managing various productivity, social, and programmatic tech / software products to support design and implementation of Promise programs and strategies (A few examples of tech currently in use at Promise - Google suite, Streak, Slack, Canva, MailChimp, Zapier, Zoom, Squarespace)  

  • Experience coordinating and managing diverse workstreams

  • A willingness to engage personally and professionally in the work to dismantle structural racism and systemic inequality


Values and skills

  • Mission-oriented: passionate about and driven by our mission to improve early childhood outcomes at scale

  • Equity centered: equitable outcomes for children and families who face the greatest adversities due to structural racism and systemic inequality is a north star for you

  • Excellent communicator: you can effectively communicate across diverse formats, e.g. email campaigns, newsletters, Slack, white papers, policy briefs, blog posts, etc.

  • Detail-oriented: you sweat the details and do what it takes to get them right because you believe it leads to higher quality 

  • 100% Reliable: we can count on you to follow through, set proper expectations, deliver high quality work at speed and close the loop

  • Collaborative: you work well in small team environments, you like bouncing ideas off of others, you enjoy getting and giving feedback, you derive value out of brainstorming and group thinking

  • Organized: you know how to build/improve upon the right processes to get work done in the most efficient and effective way with your team; you stay on top of various work streams and communications


A plus if you 

  • Have experience developing and managing against project plans

  • Are a connector - you enjoy meeting new people and are known for building great relationships


Benefits:

WHAT WE OFFER:

  • Making catalytic impact on one of our country’s most complex social challenges

  • Steep growth and responsibility with a small, dynamic, scrappy team

  • A joyful and supportive team environment, with teammates who take the work extremely seriously, but will never miss an opportunity to make space for laughter

  • The chance to observe, practice and learn entrepreneurship, with mentoring from serial entrepreneurs

  • Visibility to and relationship-building with cutting edge entrepreneurs, researchers, experts, funders, practitioners, and more in the early childhood field

  • Competitive salary and exceptional benefits


Location: Remote (U.S.)


Salary:

Commensurate with Experience

Posting Expiration Date:

4/20/2021

How to Apply:

HOW TO APPLY:

Submit your resume, LinkedIn profile and a note explaining your interest in this role to [email protected]


 

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