Velocity is an ongoing business accelerator program based in Singapore. It is designed to help high quality entrepreneurs from disruptive product or service companies accelerate their business to achieve sales and scale regionally & internationally.
The last few years have seen a proliferation of, early stage co‐working incubators in Singapore. These support idea stage, low complexity companies with incorporation, business plan development and co-working space. They typically attract first time entrepreneurs with limited/no entrepreneurial or work experience. This model might hold value for low complexity consumer Internet businesses, but is of limited value for engineering software, design and product businesses.
Products and services that help solve health, power, water, mobility, education related issues at a massive scale require a different type of support. A successful team with mature managers knows its business proposition better than any external advisor ever can.
Our objective is to provide the environment, facilities and focused operational guidance needed to empower the founders and enable them to reach their own optimal objectives.
Investment Intern
The intern, working in collaboration with the Associates, will be responsible for identifying and evaluating companies which could be candidates for Velocity. He/She will also develop financial models, conduct due diligence, and support the Program Manager and Associates on all investment and portfolio management matters.
This position will report to the Program Manager at Velocity.
The specific responsibilities for this position are as follows:
· Identify candidates for investment by building a network within the local startup ecosystem, attending events, following up on leads from other members of the firm.
· Validating candidates by reviewing competitive technologies, products or services being pursued by other Companies both in Singapore and globally.
· Assist Business Manager in obtaining investment, financial or other support for potential investee Companies from external partners and Government agencies.
· Drive due diligence for shortlisting Velocity companies.
· Support Marketing and PR activities including changes to the website and managing Facebook, Twitter and LinkedIn accounts.
· Constantly monitor market and competitive developments.
· Support industry and market research.
· Support Associate and Business Manager in preparing Investment Thesis, program content and partner presentations.
Eligibility, desired skill set and personal traits:
· Candidates should be a 2nd to 4th year students from an undergraduate program or recent graduates ideally with majors in Finance, Math, Engineering or another quantitative area.
· Strong quantitative and analytical skills
· Knowledge of financial services and terminology
· Strong interest in VC/PE and startups
· Capability to apply advanced oral and written communication skills to create a positive impression and professional rapport
· Ability to work independently while functioning as part of a team
· A high degree of initiative and motivation
· Strong attention to detail, quick learner, results driven
· Composure and confidence to manage conflicting priorities
Related Job Searches:
- Company:
Velocity Accelerator Pte. Ltd. - Designation:
Investment Intern - Profession:
Accounting / Auditing / Taxation - Industry:
Finance