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Entrepreneur in Residence

2 months ago

Toronto, Canada New Billionaires Capital Full time

**Entrepreneur in Residence at New Billionaires Capital**
- Location: Toronto, Canada_

New Billionaires Capital (N.B. Capital) is a leading Toronto-based investment firm. The firm focuses on technology such as SaaS, AI, AIGC, Blockchain, Web3, and other cutting-edge sectors. It aims to identify and invest in early-stage tech startups with the potential to revolutionize their respective industries and disrupt the market. The firm provides mentorship, networking opportunities, and funding to help startups grow and succeed. New Billionaires Capital is committed to creating long-term value for its portfolio companies and investors, and prides itself on its rigorous due diligence process and strategic investment approach.

**Eligibility**:

- Must be based in Toronto
- Must hold a bachelor's degree or be currently pursuing one
- Individual applicants only (although having a co-founder or business idea is a plus)

**What We Offer**:

- A 3-month incubation program (June 1 - August 31)
- $3,000 CAD stipend for the duration of the program
- Access to our co-working space at no cost
- Mentorship from experienced entrepreneurs and advisors
- Business consulting, digital marketing, market research, sales channel enablement, and various supporting services

**Application Process**:
2. Top 300 applicants will be selected based on their responses

4. Final round interviews with our investment committee will select 20 in-house entrepreneurs

Expectations:

- Actively work on your startup project during the 3-month period.

**Post-Program Investment Opportunity**:

- At the end of the incubation program, 20-30% of the cohort startups will be selected for investment after a final review by our Investment Committee
- Selected startups will receive $70,000 CAD in exchange for 5-10% equity

Please note that you don't need to have a business idea or co-founder to apply. We value your personality and entrepreneurial traits, and our program will include co-founder matching and ideation. If you already have a co-founder or business idea, we will help refine and validate them throughout the program.

**Job Types**: Full-time, Fixed term contract
Contract length: 3 months

**Salary**: $3,000.00 per month

Flexible Language Requirement:

- French not required

Schedule:

- Monday to Friday

Ability to commute/relocate:

- Toronto, ON M4Y 0G7: reliably commute or plan to relocate before starting work (required)

**Education**:

- Bachelor's Degree (preferred)

Work Location: One location

Application deadline: 2023-05-19
Expected start date: 2023-06-01

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