Prosperity Fund Fellow

This is a remote position. Harambeans Prosperity Fund Fellow • Location:Global - remote with some travel to events in key markets • Total Duration:12 weeks, with the option of extension • Position:Unpaid volunteer • Dates: Ongoing recruitment cycles • Time Commitment: 10 hours per week About the Harambe Entrepreneur Alliance Harambeans are African innovators who have pledged to work together as one to build Africa s future. Over the last decade, Harambeans have spawned a series of tech-enabled unicorns such as Andela, Flutterwave, andGo1, which have collectively raised over $2 billion from Google Ventures, CRE Ventures, and Accel. Learn More About Harambeans • Wharton Grads Lead Prosperity Fund • Harvard Business School Case Study on Harambeans • Stanford Social Innovation Review Case Study on Harambeans About the Harambeans Prosperity Fund The Harambeans Prosperity Fund is a rules-based, co-investment vehicle aimed at accelerating the growth of Harambean-founded ventures and enabling Africa s prosperity. As of 2024, the Harambeans Prosperity Fund has invested in 15 Harambean-led ventures including Max.NG, Releaf, and Pezesha. Role Description The Harambe Entrepreneur Alliance is seeking a Prosperity Fund Fellow to manage the rules-based system of the Prosperity Fund and deploy capital into ventures founded by Harambeans across Africa and sectors. You will be working with a lean, agile, and high-capacity team to manage deal flow and prepare investment memos for the Investment Advisory Committee, while refining the rules and documenting the evolution of our rules-based process. This is an exciting opportunity to shape the next chapter of the Harambe Entrepreneur Alliance and enable its future success. Responsibilities The volunteer role requires 5 -10 hours a week, which includes weekly reporting and working calls. Internal Administration and Coordination: • Attending Weekly Prosperity Fund Check-In Calls. The Prosperity Fund team has one weekly hour-long check-in call on Wednesdays to review applications and discuss other processes. Preparation for these calls is done on Monday. Assessing Investment Opportunities • Assessing, reviewing, and synthesizing investment opportunities (Harambeans Prosperity Fund applications) against the Prosperity Fund Rules • Analyzing cap tables to ensure sufficient investment has been made from reputable co-investors. This will include assessing the reputability of the co-investors • Analyzing financial information to confirm that the requisite growth metrics have been met • Assessing investment opportunities for impact against the SDG goals Due Diligence and Deal Execution Support • Executing due diligence analysis on investment opportunities, including collaborating with co-investors where necessary • Handling correspondence with Prosperity Fund applicants and Co-investors after alignment with the team (e.g clarification of HPF Submissions) • Researching and writing Investment Memos and drafting Board Resolutions for presentation to the Investment Committee and Board of Trustees when required • Marketing the HPF opportunity internally for the benefit of Harambeans • Provide post-investment support to HPF portfolio companies on a need basis • Putting together the annual HPF Impact report Thriving Within a Small and Dynamic Team • Collaborating with the Harambe Dream Team to support the objectives of the fund • Having the initiative and drive to work independently, but seeking input and guidance where necessary • Attending the periodic (typically weekly) check-ins with the Harambe Dream Team on the Prosperity Fund to consider new and ongoing applications Qualifications Required Core Qualifications • 1-2+ years of combined experience in Venture Capital investing, consulting, or other relevant investment or commercial fields • Graduate of a top college/university, degrees such as an MBA are helpful, but not required • Technical and analytical expertise, with extensive experience in technology business development, venture capital, or executive leadership • An ability to thrive in an autonomous environment with high levels of ambiguity and self-direction • Highly effective interpersonal, verbal, and written communication skills • Track record of sustained success • A passion for enabling African success and a fundamental belief in the massive potential that the continent has to offer Desired Business / Technical Capabilities • Delivery Excellence -Able to lead projects and provide strategic direction across the core initiatives to deliver a superior network experience • Executive Presence -Able to project confidence, establish credibility with, and influence Harambeans and the partner ecosystem at all levels • Global Mindset -Able to adopt a global approach to networking, building eminence for the Alliance, and assembling stakeholders to best deliver on key Alliance milestones • Risk Strategy -Able to influence and advise the team ...