Inicio Ventures Overview

Inicio Ventures is an early-stage impact investment fund that backs Latinx founders across markets and industries, partnering with them to refine their ideas and scale their businesses.  We believe Latinx founders bring remarkable ingenuity, incredible determination, and rich life experiences to their startup companies—yet they receive a tiny fraction of the funding and opportunities available to other groups.  Inicio Ventures was formed to help close that gap by ensuring that Latinx founders can build equity and wealth in the startup economy. To complement our investment work, we build and manage Latinx startup ecosystem programs, including our pitch competition series focused on growing the talent pipeline, a Venture Fellows program for grad students interested in being the next generation of Latinx investors and an industry convening and collaboration that creates opportunities for Latinx leaders and their organizations to work together.

Hispanics in Philanthropy Overview

Inicio Ventures is an initiative within Hispanics in Philanthropy (HIP), a transnational network of grantmakers committed to strengthening Latinx communities across the Americas. HIP connects and convenes funders, nonprofits, researchers, and other leaders to identify emerging needs among Latinx as well as best practices for responsive and effective funding of social change. HIP pioneers new philanthropic models by leading collaborative initiatives and has provided grants and training to help build the capacity of more than 800 organizations and leaders.

Position Summary

This is an early career position for candidates interested in building a career in the impact investing, venture philanthropy, and startup innovation field. In this role, you will have an opportunity to work across all Inicio Ventures related programs and projects. Workstream tasks may include, but not limited to, industry and startup research, summarizing data, attending events, helping with event and meeting coordination, social media engagement, identifying process improvement opportunities, communicating with founders/funders and developing presentation materials. Through these responsibilities, you will extend your investment acumen, gain event management skills, build domain expertise, grow industry relationships, learn about startup design, and better understand the needs of the Latinx innovation community. This is an excellent advancement opportunity for those interested in applying to graduate school or starting a company.

Core Responsibilities

• Investment Support:
  • Provide analytical support for deal leads
  • Support communications activities with portfolio companies, funder network, as well as internal and external partners
  • Keep team organized through project management administration
  • Assist with portfolio management and investor relations activities
  • Perform industry research
  • Help manage our investment metrics gathering and summary reports
  • Proactively identify investment process improvements
  • Other investment related activities as needed
• Program Support:
  • Provide project management and logistical support for events and conferences
  • Support program leads with research, analysis and documentation
  • Assist with social media and PR related communication
  • Liaise with program participants and external stakeholders
  • Help manage program metrics and summary reports
  • Proactively identify program process improvements
  • Other program related activities as needed

Qualifications

• Bachelor's degree or equivalent skill development experience
• 1+ years of professional work experience, including internships
• Strong understanding of early venture capital or impact investment fields, with knowledge of relevant industry actors (accelerators, funders, field builders, etc.), startup design/development and funding process
• Demonstrated commitment to diversity and supporting the Latinx community

Desired Skills 

• Outstanding analytical, quantitative, and communication skills including excellent spreadsheet modeling and powerpoint/slide development
• Enjoys and thrives in supporting multiple concurrent workstreams
• Comfortable working remotely in a dynamic, entrepreneurial environment (a self-starter and resourceful)
• Has exceptional personal and professional ethics and integrity
• Enjoys collaborating with a spectrum of seniority levels, internally and externally, and from different backgrounds and experiences
• Has a history of being a creative problem solver
• Proven ability to support external facing program/product/service
• You have a deep or growing entrepreneurial network and thrive in relationship building/managing

Compensation

Hispanics in Philanthropy offers competitive compensation and a range of benefits. This position has a starting range of 48,000 - 68,000, depending on experience and location, plus benefits for full time employees including medical, dental, vision, 401K matching, commuter benefits, discounts on services, as well as sick, vacation, and paid holiday time.

Work Environment: 

Daily use of computer and phone for regular communications with staff and team members. This position is a remote position in the U.S. Some travel will be required. Employees are required to comply with HIP’s health and safety measures consistent with CDC guidelines, and federal, state, and local regulations.