AIC BAMU FOUNDATION

(A Section-8) Company
Dr. Babasaheb Ambedkar Marathwada University, Chhatrapati Shambhaji Nagar,
Maharashtra 431004
Website: www.bamu.ac.in/aic/home.aspx

RECRUITMENT NOTICE
File No: AIC-BAMU/Admin/Recruitment/2023-24/002 Dated: 07th February 2024

AIC BAMU FOUNDATION, promoted by Dr. Babasaheb Ambedkar Marathwada University and Supported by
Maharashtra State Innovation Society, Department of Skill Development and Entrepreneurship, Govt. Of
Maharashtra and Atal Innovation Mission, NITI Aayog, Govt. Of India, registered as a Section-8 Company
under Companies Act 2013, aims to foster the culture of Innovation and entrepreneurship by supporting
technology based start-ups & developing an ecosystem which is conducive for innovation, where startups and
new ventures thrive and Promotion of Start-ups / Angel Funding. It also has been providing the essential highly
equipped DGX, AI-ML laboratory, Innovation and invention Centre (IPR Centre), Co working spaces, specialized
facilities — IOT Fab lab, sophisticated AR- VR laboratory, Central Digital Library Facility. AIC-BAMU Foundation
invites innovative ideas in the field of IOT, AR, VR, and ML in the areas of Healthcare, Auto-industrial applications,
Agriculture, EV, Industry
4.0 and allied areas.

We are looking for candidates in following position:

1. Chief Operating Officer (COO)-01 No.
2. Manager- Incubation & Program-01 No.
3. Manager-Finance & Accounts-01No.
4. Manager-Investment-01 No.
5. Deputy Manager-HR & Administration-01 No.
6. Manager-Marketing & Training and Development-01 No.
7. Manager Portfolio Operation & Business Development-01 No.
8. Assistant Manager- Facility & Lab-01 No.
9. Executive Assistant to CEO-01 No.

Benefits:
• Competitive salary and benefits package.
• Opportunity to work in a dynamic and innovative environment.
• Be part of a team that is fostering the next generation of entrepreneurs.
• Professional development opportunities.
Chief Operating Officer (COO) - AIC-BAMU Foundation

About the Role:

We are seeking a dynamic and experienced Chief Operating Officer (COO) to play a pivotal role in shaping the future of the
AIC-BAMU Foundation. As the COO, you will be responsible for leading and overseeing all operational aspects of the
organization, ensuring smooth functioning and efficient achievement of our strategic goals. You will be the right-hand person to
the CEO, providing strategic guidance and operational leadership across various functions.

Responsibilities:

• Develop and implement operational plans and strategies aligned with the organization's vision andmission.
• Manage and optimize internal processes for efficiency, effectiveness, and cost-control.
• Lead and oversee all operational departments, including finance, human resources, administration,and technology.
• Play a key role in fundraising initiatives and securing financial resources.
• Build and manage strong relationships with key stakeholders, including government agencies,investors, and
industry partners.
• Foster a culture of innovation, collaboration, and performance within the organization.
• Identify and implement new technologies and solutions to enhance operational efficiency.
• Oversee the management and utilization of physical infrastructure and facilities.
• Provide strategic advice and counsel to the CEO on all operational matters.

Eligibility Criteria:

• Bachelor's degree in Engineering/Science & Technology.

• Master's degree in Business Administration (MBA) or equivalent.
• Minimum of 10-12 years of total experience, with at least 5-7 years in a startup or incubatorenvironment.
• Proven track record of successfully leading and managing operational functions in a fast-pacedenvironment.
• Strong understanding of financial management, budgeting, and resource allocation.
• Excellent communication, interpersonal, and leadership skills.
• Ability to work independently and as part of a team.
• Age limit: 35-40 years.

Salary:
Rs. 80K - Rs. 1 Lakh per month, commensurate with experience and qualifications.
 Manager Incubation & Programs

Job Description:

We are seeking a highly motivated and experienced individual to join our team as Manager Incubation &Programs. You will play
a pivotal role in driving the growth and success of our incubation center, fostering innovation and entrepreneurship among
students and budding startups.

Responsibilities:

• Lead and manage the incubation center, overseeing all aspects of its operations and strategicdevelopment.
• Develop and implement effective incubation programs tailored to different stages of startups andindustry needs.
• Source and identify promising startups with high growth potential.
• Guide and mentor incubated startups, providing expert advice, business development support, andaccess to resources.
• Manage relationships with stakeholders, including investors, mentors, industry partners, andgovernment agencies.
• Organize workshops, events, and networking opportunities for startups and the entrepreneurialecosystem.
• Secure funding and resources to support the incubation center and its programs.
• Track and measure the performance of the incubation center and report on key metrics.
• Stay updated on the latest trends and best practices in incubation and entrepreneurship.

Qualifications:

• Bachelor's degree in Engineering/Science & Technology.

• Master's degree (MBA preferred) in Business Administration, Entrepreneurship, or related field.
• Minimum of 8-10 years of experience in a relevant role, with 3-5 years of experience in astartup/incubator
environment.
• Proven track record of successfully managing and scaling incubation programs.
• Strong entrepreneurial mindset and passion for supporting startups.
• Excellent leadership, communication, and interpersonal skills.
• Ability to work independently and as part of a team.
• Strong analytical and problem-solving skills.
• Proficient in MS Office Suite and other relevant software applications.

Age Limit: 35-40 years

Salary Range: Rs. 60K-Rs.80K per month, commensurate with experience and qualifications
 Manager, Investment & Legal - AIC-BAMU Foundation

About the Role:

The AIC-BAMU Foundation, an incubator fostering student entrepreneurship at Dr. Babasaheb Ambedkar
Marathwada University, seeks a dynamic and experienced Manager, Investment & Legal to join our team. This role
plays a crucial part in supporting our startups' financial and legal needs, driving investment strategies, and ensuring
compliance with regulations.

Responsibilities:

• Investment:
o Conduct due diligence on potential investments in technology-based startups aligned with ourfocus areas
(Healthcare, Agriculture, Food Processing, etc.)
o Analyze financial data and prepare investment proposals for presentation to the investmentcommittee
o Recommend and implement investment strategies in alignment with the Foundation's goalsand risk tolerance
o Monitor and manage the investment portfolio, tracking performance and suggestingadjustments as needed
o Identify and secure additional funding sources for the Foundation and its startups
• Legal:
o Review and manage legal documents related to investments, contracts, and startupoperations
o Advise startups on legal compliance and best practices
o Manage intellectual property (IP) matters for the Foundation and its startups
o Liaise with lawyers and external legal counsel as needed
• Overall:
o Mentor and guide startups on financial planning, fundraising, and managing their portfolios
o Build strong relationships with stakeholders, including investors, entrepreneurs, governmentagencies, and
universities
o Contribute to the development and implementation of the Foundation's policies andprocedures
o Stay updated on industry trends and regulatory changes

Eligibility Criteria:

• Bachelor's degree in Business, Statistics, Finance, Mathematics, or Accounting

• MBA or equivalent professional qualification (CFP, LLB) preferred
• Minimum 5-6 years of experience with 3-5 years in startups/incubators
• Proven experience in investment due diligence, financial planning, and portfolio management
• Strong understanding of legal and regulatory requirements for startups
• Excellent analytical, communication, and interpersonal skills
• Ability to work independently and as part of a team
• Passion for innovation and entrepreneurship

Salary Range: Rs. 40,000 – Rs. 50,000 per month, commensurate with experience and qualifications

Age Limit: 35-40 years

Manager Portfolio Operation & Business Development

Job Description:

We are seeking a dynamic and experienced Manager Portfolio Operation & Business Development to join our team
and play a pivotal role in the growth and success of our incubation center. You will be responsible for managing our portfolio of
startups, identifying new business opportunities, building relationships with stakeholders, and contributing to the overall
development of the innovation ecosystem.

Responsibilities:

• Portfolio Management:
o Manage and oversee the incubation journey of assigned startups, providing mentorship,guidance, and
support.
o Track and measure the progress of startups against KPIs and develop strategies forimprovement.
o Facilitate interactions and collaboration between startups and resources within the ecosystem.
o Conduct regular portfolio reviews and identify areas for intervention and support.
• Business Development:
o Identify and analyze market opportunities in relevant sectors (Healthcare, Agriculture, FoodProcessing, etc.)
o Build and maintain relationships with potential partners, investors, and stakeholders.
o Develop and implement strategies to attract high-potential startups to the incubation program.
o Lead efforts to secure funding and resources for the foundation and its startups.
• Collaboration & Communication:
o Liaise effectively with internal teams (mentors, technical leads, etc.) to ensure seamlesssupport for
startups.
o Collaborate with external stakeholders, including government agencies, industry partners, andacademic
institutions.
o Develop and deliver presentations and reports on portfolio performance and progress.

Qualifications & Experience:

• Bachelor's degree in Finance, Commerce, Economics (BBA, BBM, BBS, BMS) or Engineering/Science & Technology.
• Master's degree in Business Administration (MBA) preferred.
• Minimum 5-6 years of total experience, with 3-5 years of experience working in a startup/incubatorenvironment.
• Proven track record of identifying and analyzing market opportunities.
• Strong relationship-building and communication skills, both written and verbal.
• Ability to work independently and as part of a team.
• Excellent analytical and problem-solving skills.
• Experience with financial modeling and budgeting is a plus.

Age Limit: 35-40 years

Salary Range: Rs. 40K-Rs. 50K per month, commensurate with experience and qualifications
Manager Finance & Accounts - AIC-BAMU Foundation

Job Description:

We are seeking a highly motivated and experienced Manager Finance & Accounts to join our dynamic team. You will be
responsible for overseeing all financial operations of the foundation, ensuring financial compliance, and providing sound
financial advice to support our growth and objectives.

Responsibilities:

• Manage the full financial cycle, including accounts payable, accounts receivable, payroll, andbudgeting.
• Maintain accurate and timely financial records in accordance with accounting principles andstatutory requirements.
• Prepare and analyze financial statements, reports, and forecasts.
• Implement and maintain internal controls to safeguard financial assets.
• Oversee PFMS, GST, and taxation compliance.
• Liaise with auditors and government agencies.
• Manage cash flow and optimize financial resources.
• Provide financial insights and recommendations to support strategic decision-making.
• Manage and mentor a team of accounting staff (if applicable).

Eligibility Criteria:

• CA/CS or Bachelor's degree in Commerce with Master's degree (MBA preferred).

• Minimum of 5-6 years of experience, with 3-5 years specifically in startups/incubators.
• Strong operational knowledge of PFMS, GST, and taxation laws.
• Experience in financial reporting, budgeting, and forecasting.
• Excellent analytical and problem-solving skills.
• Strong communication, interpersonal, and leadership skills.
• Ability to work independently and as part of a team.
• Proficient in accounting software and MS Office suite.

Age Limit: 35-40 years

Salary Range: Rs.40,000-Rs.50,000 per month, commensurate with experience and qualifications
Manager Marketing & Training & Development

Job Description:

We are seeking a passionate and dynamic Manager Marketing & Training & Development to play a key role in shaping
the future of AIC-BAMU Foundation. You will be responsible for developing, implementing, and executing strategic marketing
and training & development plans to attract and retain startups, investors, mentors, and partners. Additionally, you will
spearhead initiatives to enhance the skillsand knowledge of our startup community.

Responsibilities:

• Marketing:
o Develop and implement comprehensive marketing plans to achieve organizational goals.
o Manage and execute branding, communication, and outreach activities.
o Build and maintain relationships with key stakeholders, including media, investors, andpotential partners.
o Identify and implement effective marketing channels to reach target audiences.
o Manage website and social media presence.
o Track and analyze marketing performance metrics.
• Training & Development:
o Design and deliver training programs for startups, mentors, and staff.
o Identify and partner with experts to provide relevant training content.
o Facilitate workshops, seminars, and other learning opportunities.
o Evaluate the effectiveness of training programs and make improvements.
o Stay updated on the latest trends and best practices in entrepreneurship education.

Qualifications:

• Bachelor's degree in Engineering/Science & Technology.

• Master's degree in Business Administration (MBA) in marketing preferred.
• Minimum of 5-6 years of experience in marketing and/or training & development roles.
• Minimum of 3-5 years of experience working with startups and/or incubators.
• Excellent communication, interpersonal, and presentation skills.
• Strong analytical and problem-solving skills.
• Ability to work independently and as part of a team.
• Passion for innovation and entrepreneurship.
• Age limit: 35-40 years.

Salary: Rs. 40K-Rs.50K per month, commensurate with experience and qualifications
Deputy Manager HR & Administration

Job Responsibilities:

• Oversee all aspects of HR, including recruitment, payroll, compensation & benefits, training, anddevelopment.
• Develop and implement HR policies and procedures aligned with the organization's goals and bestpractices.
• Manage the recruitment process, including sourcing, screening, interviewing, and onboarding newemployees.
• Administer payroll, ensure timely and accurate salary payments, and manage employee leave andbenefits.
• Develop and deliver training programs for employees on various HR-related topics.
• Manage office administration, including facilities management, budget planning, and procurement.
• Provide administrative support to the management team and other departments.
• Maintain accurate and confidential employee records.
• Stay updated on HR trends and best practices.

Eligibility Criteria:

• Bachelor's degree in Engineering/Science & Technology.

• Master's degree in Business Administration (MBA) preferred.
• Minimum 5-6 years of total work experience.
• Minimum 3-5 years of experience in a startup/incubator environment.
• Proven track record of success in managing all aspects of HR.
• Strong organizational, communication, and interpersonal skills.
• Ability to work independently and as part of a team.
• Proactive and results-oriented approach.
• Excellent computer literacy and proficiency in HR software.

Desired Skills:

• Experience in talent acquisition for startups.

• Knowledge of labor laws and regulations.
• Experience with performance management systems.
• Experience in developing and implementing training programs.
• Experience in office administration and facilities management.

Age Limit:

35-40 years

Salary:

Rs. 30K-Rs.40K per month, commensurate with experience and qualifications

Assistant Manager Facility & Labs

Job Description:

We are seeking a highly motivated and organized individual to join our team as an Assistant Manager Facility & Labs. You will
be responsible for overseeing the smooth operation and maintenance of our facilities, including our highly equipped DGX and
CoE for AI-ML laboratory, Innovation and invention Centre (IPR Centre), Co-working spaces, specialized facilities — IOT Fab
lab, sophisticated AR-VR laboratory, and Central Digital Library Facility.

Responsibilities:

• Manage the day-to-day upkeep and cleanliness of all facilities.

• Coordinate with contractors and maintenance teams for repairs, services, and equipment upkeep.
• Implement preventive maintenance programs to minimize downtime and ensure the longevity ofequipment and
facilities.
• Monitor and manage facility utilities and expenses.
• Oversee security and safety protocols within the facilities.
• Assist with space management and allocation for various events and activities.
• Maintain accurate records and documentation related to facilities maintenance and repairs.
• Contribute to the development and implementation of new initiatives to improve the functionality andefficiency of the
facilities.

Qualifications:

• Bachelor's degree in Engineering/Science & Technology.

• Master's degree in Business Administration (MBA) preferred.
• Minimum of 3-5 years of experience in a facilities management role.
• Startup/incubator experience of 1-3 years is highly desirable.
• Strong organizational and time management skills.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Proficient in MS Office Suite and other relevant software applications.

Age Limit: 30-35 years

Salary Range: Rs. 20K-Rs.30K per month, commensurate with experience and qualifications
Executive Assistant to CEO - AIC-BAMU Foundation

About the Role:

We are seeking a highly organized and motivated individual to join our team as an Executive Assistant tothe CEO. You will play a
crucial role in supporting the CEO's daily operations, ensuring their time is
maximized for critical tasks like recruiting. This is a demanding and fast-paced environment, requiringstrong organizational skills,
proactive communication, and the ability to thrive in a dynamic startup culture.

Responsibilities:

• Manage the CEO's calendar and schedule appointments, meetings, and travel arrangements.
• Anticipate the CEO's needs and proactively prepare relevant information and materials.
• Efficiently handle all incoming and outgoing communication, including emails, phone calls, andinquiries.
• Draft and proofread correspondence, presentations, and other documents.
• Manage travel logistics and booking accommodations and transportation.
• Organize and manage meetings, ensuring agendas are set, materials are prepared, and minutesare taken.
• Maintain a confidential and professional demeanor.
• Assist with administrative tasks as assigned.
• Stay informed about the startup ecosystem and relevant trends.
• Contribute to a positive and productive work environment.

Eligibility:

• Bachelor's degree in Engineering/Science & Technology

• Master's degree in Business Administration (MBA) preferred
• Minimum of 3-5 years of total experience
• Startup/incubator experience of 1-3 years preferred
• Strong organizational and time management skills
• Excellent communication and interpersonal skills
• Proficient in MS Office Suite and other relevant software
• Ability to work independently and as part of a team
• Discreet and professional demeanor
• Age between 35-40 years

Salary:

• Rs. 20,000 - Rs. 30,000 per month, commensurate with experience and qualifications
 GENERAL TERMS AND CONDITIONS:

1. The Number of posts is tentative, which may increase or decrease and the Board of Directors of AIC- BAMU Foundation
reserves the right not to fill the post.
2. The prescribed qualifications are the minimum and mere possession and fulfilment of the essential and desirable
qualifications for a post does not entitle the candidate to be called for Personal interview/ test.
3. Interested candidates may apply through link for application form provided on website AIC-BAMU Foundation,
Aurangabad, www.bamu.ac.in/aic/home.aspx Email : info.aic@bamu.ac.in on or before 23.02.2024 till 5PM.
Click on Application Link: https://aicbamu.accubate.app/ext/form/1829/1/apply
Or Scan

Original Educational Qualification, Proof of Age, Experience and Caste certificate, etc. should be produced only at the time
of interview/test. However, self-attested photocopies of testimonials may also be uploaded and send by post (last date
27.02.2024 till 5PM) with the application in support of their educational qualifications and experience etc. After applying
take a print out of the application form and send it along with your educational and experience documents to

To,
The Chief Executive Officer,AIC-
BAMU Foundation,
University Campus, Near Soneri Mahal, Jaisingpura,Dr
Babasaheb Ambedkar Marathwada University,
Chhatrapati Sambhaji Nagar-431004, MAHARASHTRA-(INDIA)

4. A candidate should not submit separate online applications, if he/she desires to apply for more than onepost.
5. The candidates short-listed for interview/ test will be informed by e-mail.
6. It shall be necessary to furnish Original “No Objection Certificate” from the parent department/ presentemployer at the time
of interview/test.
7. The above-mentioned positions will be purely on contractual basis for 01 Year initially and may be renewed further
subject to satisfactory performance every year up to 3 years or till the project ends whichever is earlier, but in no reason the
extension will be given beyond 5 years.
8. This is not a Government recruitment of Dr. Babasaheb Ambedkar Marathwada University/AIM NITI Aayog/ MSINS, and
the candidate cannot claim for any permanent employment in the university, AIM or MSINS.

9. The engagement will be terminable from either side, with 30 days’ notice or salary in lieu thereof.
10. The Interested candidates may submit their candidature in the prescribed application form along withdetailed bio-data
and self-attested photo copies of educational qualification and experience.
11. The decision of the Board in respect of selections shall be final and no correspondence in this regard will be entertained.
Canvassing in any type from any source will disqualify the candidature of the applicant.
12. Candidates employed in Govt./Autonomous Bodies/PSUs service should send their applications through proper channel.
In case, the original application routed through proper channel is likely to be delayed, a photocopy of the application should
be sent in advance so as to reach above mentioned addressee on or before 27.02.2024 by 5.30 p.m. All such candidates are
required to produce ‘No ObjectionCertificate’ at the time of interview.
13. All the original documents in support of the eligibility will have to be produced at the time of interviewfor verification
14. No TA/DA will be provided, and the candidate has to bear all the expenses for attending the interviews.
SELECTION PROCESS AND TERMS

1. Applicants will be shortlisted by an expert committee from all the application received. The screening of the application
will be performed on the basis of eligibility criteria and work experience as mentioned in the advertisement. Shortlisted
candidates will be invited for a personal interview by a duly constituted selection committee. A merit list of candidates shall
be prepared based solely on performance in the personal interview
2. The selected candidate will be informed separately. A formal offer letter will be offered to the selected candidates. The
selected candidate will be required to join within 30 days of date of the offer by AIC- BAMU Foundation.
CEO
AIC-BAMU FOUNDATION