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Analyst – UNICEF Innovation Fund

New York City (United States of America) | Washington D.C.

Background & Rationale

The Innovation Fund allows UNICEF to quickly assess, fund and scale open-source solutions that have been developed by companies in new and emerging markets. The Innovation Fund supports the generation of open source, public goods that address the most pressing challenges facing children. The Innovation Fund brings together models of financing and methodologies used by Venture Capital funds and the principles of UNICEF'S award winning Innovation Unit.

With $9m available in funding for the Innovation Fund, the Innovation Unit is scaling up investments significantly over the course of 2016. Starting 1 February, the Innovation Fund has been receiving requests from external applicants in UNICEF’s programme countries (see list here). In addition, the Innovation Fund will continue to accept applications from UNICEF Country Offices for co-funding from the Innovation Fund. The current portfolio of 21 internal investments will significantly grow as more applications are received and funding granted.

Purpose

The growing portfolio will require the development of a framework and network of partners that provide support to external companies and Country Offices that receive investment. This consultancy aims to provide the Innovation Unit, and specifically the Innovation Fund Manager, with additional support to:

  • Develop a system to document and monitor support needs among Country Offices and institutions/companies receiving investment from the Innovation Fund as well as an arrangement to provide technical support

  • Develop strategic partnerships through researching the landscape of external partners in the startup incubation, acceleration and financing space, and developing selection criteria, and conducting initial outreach with priority partners

  • Develop the support system and qualitative information to support real-time monitoring and evaluation of Innovation Fund

Expected results: (measurable results)

  • System is established to document and monitor support needs among Country Offices and institutions/companies receiving investment from Innovation Fund, including:

o develop digital system to manage information and proposals collected from COs and institutions/companies receiving Innovation Fund

o review proposals and conduct interviews to assess support needs among COs and institutions/companies receiving Innovation Fund

o document support needs and identify common needs to prioritize for Innovation Fund

  • Framework for strategic partnerships supporting Innovation Fund investments is developed, including:

o list of criteria to select and establish partnerships

o list of potential partners including descriptions, value added, expertise, location, proposed role

o list of selected partners for pilots and outreach materials

o development of communications materials to support outreach to potential partners

o system to manage partner contacts and relationships

o propose engagement models for partners (e.g. voluntary, official partnership, membership on Advisory Board)

o administratively support the establishment of the Innovation Fund Advisory Board, including a list of selection criteria for its members

o outcome reports documenting lessons learned from pilot partnerships

o final report presenting partnership framework

  • System to support collection of qualitative information as part of monitoring and evaluation of investment is established, including:

o Desk review of indicators to monitor and evaluate investments for consideration

o Collect qualitative data (project summaries, case studies, updates, news stories) from companies and COs to complement real-time quantitative real-time reporting

o set up a system to collect and track qualitative information for presentation of Innovation Fund website

o narrative that outlines the value of the Innovation Fund and its new model to UNICEF

Duty Station

UNICEF NYHQ

Deliverables

Start date: 18 April 2016 End date: 31 March 2017

Deliverables

Duration

(Estimated # of Days)

Deadline

  • Develop system to manage information and proposals collected from COs and institutions/companies receiving funding

0.5 month

30 April 2016

  • Needs assessment of COs and companies/institutions receiving investment from Innovation Fund, including a list of common needs to prioritize for UNICEF Innovation

  • Establish data collection system for qualitative data for Innovation Fund website

1 month

31 May 2016

  • Set up digital system to document and monitor needs

  • Review indicators to monitor performance and success used by similar investment funds

  • Compile list of indicators to monitor and evaluate investments

  • Finalize project write-ups for each investment for Innovation Fund website

1 month

30 June 2016

  • List of criteria for partner selection

  • List of potential partners highlighting descriptions, value added, expertise, location, proposed role

  • System to collect qualitative data for monitoring and evaluation purposes to present to Board on regular basis

1 month

31 July 2016

  • Map potential partner organizations that can provide technical support to meet identified needs

  • Compile potential criteria for selection of Advisory board members

1 month

31 August 2016

  • System to manage partner contacts and relationships

  • Review system to collect qualitative data and update information as needed on ongoing basis

1 month

30 Sept 2016

  • Engagement models for each priority partner

1 month

31 Oct 2016

  • List of partners for pilot partnerships

1 month

30 Nov 2016

  • Communications materials to support outreach to potential partners

1 month

31 Dec 2016

  • Proposed scope of work for each pilot partner

1 month

31 Jan 2017

  • Outcome document for each pilot partnership outlining lessons learned and recommendations for future engagement

1 month

28 Feb 2017

  • Final report presenting partnership framework

1 month

31 March 2017

total

11.5 months

Key competences, technical background, and experience required Deadline

● Advanced University Degree in social entrepreneurship, business administration, finance or related discipline

● Junior level experience in launching, managing or providing support to start-ups, preferably in developing countries

● Experience working in developing countries

● Ability to synthesize technical information and translate it into accessible products and systems

● Knowledge of international development and key challenges affecting children in developing countries is desired

● Written and verbal fluency in English is required

How to Apply

Applicants are requested to send their submissions to pdconsultants@unicef.org with subject line:

“Analyst – UNICEF Innovation Fundby 18th March 2016, 5:00pm EST**.

Applications must include:

· Cover letter,

· CV, and

· P-11 form[1] - http://www.unicef.org/about/employ/files/P11.doc

· Indicate where you heard about this advertisement

Please indicate your ability, availability and daily/monthly rate (in US$) to undertake the terms of reference above. Applications submitted without a daily/monthly rate will not be considered.

NOTE: Files should not exceed 5.0MB limit UNICEF is committed to achieving workforce diversity in terms of gender, nationality and culture. Individuals from minority groups, indigenous groups and persons with disabilities are equally encouraged to apply. All applications will be treated with the strictest confidence

[1] P 11 form can be downloaded from our website at http://www.unicef.org/about/employ/files/P11.doc

Before applying, please make sure that you have read the requirements for the position and that you qualify.
Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.
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  • Organization: UNICEF - United Nations Children’s Fund
  • Location: New York City (United States of America) | Washington D.C.
  • Grade: Mid level - Internationally recruited position
  • Occupational Groups:
    • Banking and Finance
  • Closing Date: 2016-03-18

What does it mean?

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