- Role: Innovation Fund Portfolio Coordinator
- Location: Office of Global Innovation
- Work Type: Consultancy
- Duty Station: NYHQ with some travel anticipated
- DURATION: 11.5 month; 241 days
If you are a committed, creative professional and are passionate about making a lasting difference for children, the world’s leading children’s rights organization would like to hear from you.
For 70 years, UNICEF has been working on the ground in 190 countries and territories to promote children’s survival, protection and development. The world’s largest provider of vaccines for developing countries, UNICEF supports child health and nutrition, good water and sanitation, quality basic education for all boys and girls, and the protection of children from violence, exploitation, and AIDS. UNICEF is funded entirely by the voluntary contributions of individuals, businesses, foundations and governments.
Background & Rationale
UNICEF has been innovating for children for more than 70 years. The Office of Innovation in New York supports the organization’s 135+ country offices in finding solutions for the world’s most vulnerable children. The UNICEF innovation work includes both policy and practice of innovation in UNICEF, and the larger UN. UNICEF is engaged in testing and scaling up new partnerships, technologies, and collaborations in some of the world’s most difficult operating environments.
With $11m available in funding for the Innovation Fund, the Office of Innovation is scaling up investments significantly over the course of 2017. We invest in solutions that can impact the lives of the most vulnerable children. We find these solutions clustered around $100 billion industries like emergency and epidemic response, transport & delivery, identity, finance, learning, personal data and related fields.
Following the announcement of its first 5 portfolio companies, the Innovation Fund plans to grow its portfolio by 20-40 companies in 2017. In addition, the Innovation Fund will continue to accept applications from UNICEF Country Offices for co-funding from the Innovation Fund. With a focus on investing exclusively in open source technology solutions, the Innovation Fund team is seeking a Technology Adviser to provide technology guidance to the current portfolio while helping to identify investment strategies for future emerging areas.
The growing portfolio will require ongoing monitoring and technical support to maximise the Fund’s return on investment and minimise risk associated with the investments. In close collaboration with the Innovation Fund Manager, the consultancy aims to provide coordination and management of the growing portfolio, specifically to:
- Establish and maintain portfolio management systems and processes, including for tracking of milestones, contractual obligations, communications, technical assistance and community building
- Collect and track real-time and other data to monitor progress against agreed milestones
- Identify needs for technical assistance for individual companies/Country Offices and groups of investments, and facilitate access to support
- Act as the first point of contact for portfolio companies and maintain an active community of entrepreneurs to share experiences with each other and relevant networks
Expected results: (measurable results)
- Systems and process put in place and maintained to support compliance and achievement of results as outlined in Innovation Fund contracts – designed with scale in mind
- Active community of entrepreneurs exchanging experiences and expertise through a facilitated platform
- Technical assistance facilitated to portfolio companies to minimise risk and maximise return on investments
|Review of current Innovation Fund portfolio, contractual requirements, and monitoring arrangements
List of recommendations, developed with Design Team, for portfolio management systems
|End of Month 1|
|Establish platform and systems to track progress against milestones
Establish regular communication protocols with portfolio companies
|End Month 2|
|Implement communication and monitoring protocols with portfolio companies
Develop real-time portfolio tracking system for updates to Innovation Fund Management
|End of Month 3|
|Develop and deploy onboarding package with second class of portfolio companies
Document technical assistance needs from portfolio companies and provide recommendations for support provision
|End of Month 3|
|Establish and roll-out communication and networking platform for portfolio companies to facilitate exchange and discussions
Provide inputs to selection of accelerator support structure for portfolio companies
|End of Month 4|
|Organise face to face kick-off meeting for class 2||End of Month 5|
|Onboarding of accelerator support structure, including documentation of portfolio company’s support needs in business models||End of Month 6|
|Conduct monitoring and support sessions with each investee
Roster of technical assistance providers and mentors for portfolio companies
|End of Month 7|
|System and processes to tap into network of technical assistance providers and mentors, including from UNICEF corporate partners||End of Month 8|
|Develop and deploy onboarding package with third class of portfolio companies||End of Month 9|
|Organise face to face kick-off meeting for class 3||End of Month 10|
|Evaluation report of technical assistance providers and acceleration support with recommendations for scale||End of Month 11|
|Final report presenting portfolio management system and recommendations for scale||End of Month 11.5|
Key competences, technical background, and experience required Deadline
- University Degree (Bachelor, Master, PhD, etc.) in relevant field; or related equivalent practical experience.
- Demonstrated experience in managing portfolios of investments or projects, including relevant management and communication systems and tools, to achieve milestones, required
- Strong verbal and written communication skills required, including facilitation of networks and communities
- Experience in managing networks and portfolios of consultants and technical advisors to deliver against agreed objectives required
- Understanding of different contexts and experience working in developing countries
- Ability to synthesise technical information and translate it into accessible products and systems
- Knowledge of international development, technology for development and key challenges affecting children in developing countries
- Written and verbal fluency in English is required; other UN languages are an asset
Applications must include the following:
- cover letter
- and P-11 form
1] P 11 form can be downloaded from our website at http://www.unicef.org/about/employ/files/Personal_History_P11.doc
To view our competency framework, please click here.
Please indicate your ability, availability and monthly rate (in US$) to undertake the terms of reference above. Applications submitted without a daily/monthly rate will not be considered.
UNICEF is committed to diversity and inclusion within its workforce, and encourages qualified female and male candidates from all national, religious and ethnic backgrounds, including persons living with disabilities, to apply to become a part of our organisation.
Opening Date 26 Jan 2017 Eastern Standard Time
Closing Date 15 Feb 2017 Eastern Standard Time