Chief Executive Officer-AIC

About Us

AIC CVRCEF, supported by the Atal Innovation Mission (AIM) with vibrant incubation centres, we at CGU Incubators are dedicated to nurturing entrepreneurship among students and driving startup growth, both within our university and across the entire state.

Our Focus Sectors

• Our flagship CVRCE Technology Incubator Foundation specializes in Food & Agri Tech, receiving esteemed endorsement from the Department of Science & Technology, Government of India.
• Additionally, our Atal Incubation Centre is dedicated to cultivating innovation in Smart Manufacturing within Advanced Technologies, spanning diverse fields such as AIML, Cyber Security, ARVR, Robotics, Additive Manufacturing, PCB, Deep-tech, and ESDM. Proudly supported by the Atal Innovation Mission, Niti Aayog, Government of India, this centre serves as a hub for groundbreaking technological advancements.

Our Expertise

At our incubation centres, we specialize in nurturing student entrepreneurship, facilitating the journey from ideation to market success. Through our meticulously designed incubation program offerings, we provide comprehensive support for ventures, empowering aspiring entrepreneurs to realize their visions and achieve sustainable growth.

Our Programs

Our portfolio of programs includes comprehensive Pre-Incubation, Incubation, and Acceleration initiatives, tailored to address the diverse needs of startups at every stage of their development. From mentor-guided idea refinement to access to state-of-the-art facilities and domain-specific expertise, we offer a holistic ecosystem designed to propel ventures towards success.

Our Startups

We are pleased to share that our incubation/acceleration programs have enrolled over 90 startups, while the number of participants in our pre-incubation program approaches nearly 200 and even more. Our incubation centres have facilitated the disbursement of more than 10 Crore rupees in funding to startups through both government and private sources.

Website Link

https://cgu-odisha.ac.in/

https://aic.cgu-odisha.ac.in/

Job Summary

Position: Chief Executive Officer (CEO)

Department: Atal Incubation Centre (AIC) - CVRCEF

Qualification:

Essential: Bachelors in science/ engineering/technology 1st Division with MBA from a reputed college/University.

The candidate should have experience as an entrepreneur or in the startup ecosystem and have an understanding of starting companies, early-stage investments, raising funds, technology, and incubation. She/he should be a dynamic change-maker dedicated to the AIC, who has the enthusiasm and energy required to do the leg work that this position requires.

Desirable: PhD in Science/Technology/Management.

1. Preference will be given to the candidate having experience in more sectors in addition to at least 3 sectors mentioned above.

2. Candidate is expected to know about the working environment and challenges of entrepreneurship in present scenario.

3. The candidate is expected to know the Policy/Schemes of Start-up Odisha, Start-up India and MSME department for Entrepreneurs.

Experience: *10-15 Years of experience

(a) A minimum of 10 years of overall experience in at least 3 sectors including Industry, Technology Business Incubators, Start-up, Venture Capital Firms in Technology sectors, Innovation management, or Academic / Research Organisation.

(b) The candidate must understand the pain points of entrepreneurship, academic R&D sector and technology business incubation, Intellectual property, commercial dynamics and corporate laws, working of government systems, knowledge of General Financial Rules (GFRs), innovation and entrepreneurial ecosystem, and innovation funding.

(c) Candidate must have experience of working in leadership responsibilities in Industries/ Academics/ Incubations and must understand board proceedings of corporate governance. The candidate must have experience in multiple technological domains.

**Duration of Ph.D., if not specifically in any of the topics of Business Incubators, Start-up, Innovation Management, shall not be counted for determining the duration of the experience.

Age: 40-55*Years max as on the date 01.01.2025

**Age limits are further relaxable for reserved categories as per GoI norms. Age relaxation may be given to exceptionally deserving candidates

Roles & Responsibilities (CEO-AIC):

The CEO must have the necessary experience and skills to fit into the role and undertake the responsibilities as defined below :

1. The CEO shall lead all activities of the foundation. The CEO shall report to the Board of Directors of the foundation, ensure statutory compliance of the company, and coordinate with external stakeholders including Atal Innovation Mission. CEO along with the team would work to execute the vision and goals of creating and operating a world-class incubator.

2. Independently leading a multidisciplinary team of diverse professionals for achieving the objectives of the foundation, within the budgets allocated for the different heads.

3. Managing the resources, allocating work and exercising overall administrative and control over the activities of his / her subordinates.

4. Engaging with professional service providers to ensure financial and legal compliance of the organization.

5. Forming necessary advisory teams with experts and managing the stakeholder relationships including with the host institute and the funding agencies.

6. Most importantly, designing a robust revenue model for making the foundation self-sustainable in a period of 5 years.

7. Developing and implementing policies and procedures for the operation of the AIC.

8. Managing the facility creation and further managing the operations, following GFR as applicable.

9. Developing a robust innovation pipeline.

10. Providing necessary support, encouragement, and guidance to prospective applicants to apply for incubation with business proposals and arrange for the screening of the applicants.

11. Arranging Innovation Management mentorship for the innovators associated with the foundation.

12. Developing and executing necessary mechanisms to help the incubates in raising funds, getting regulatory clearances, market access, and conducting their commercial transactions.

13. Forging national and international partnerships with academia, industry, other existing incubators, angel/seed funding investor, and mentors, and leveraging their support for the start-ups.

14. Strategically designing and managing different types of events and programs that an AIC is expected to conduct.

15. Proactively work with different Government agencies and other organizations to raise additional funds and resources for the foundation, and for the development of an overall entrepreneurial ecosystem of the region.

16. Developing the foundation as a prominent player in the innovation- entrepreneurial ecosystem of India.

Key Expectations:

• 10-15 years of Management experience with minimum 5 years of experience in managing Incubation Eco System
• Previous experience of leading an entrepreneurial and ambitious organization with demonstrable success
• Effectively manage internal and external stakeholders
• Strong networking and presentation skills in English, Hindi and Odiya
• Should have worked at the senior level position
• Should have Business Acumen and eye for details
• Management capability to lead the Incubation centre
• To make AIC self-sustainable

Selection Criteria:

• In addition to the above qualifications, the profile of the candidates shall be evaluated based on their potential to carry out the respective roles and responsibilities for the position.
• The only Shortlisted candidates shall be called for interview.
• The decision of CVRCEF is final.

Terms of Appointment:

• Annual contract renewed every year based on project duration and performance

Salary: Commensurate with qualifications and experience