About EDB

The Singapore Economic Development Board (EDB), a government agency under the Ministry of Trade and Industry, is responsible for strategies that enhance Singapore’s position as a global centre for business, innovation and talent. We undertake investment promotion and industry development, and work with international businesses, both foreign and local, by providing information, connection to partners and access to government incentives for their investments. Our mission is to create sustainable economic growth, with vibrant business and good job opportunities for Singapore.

For more information on EDB, please visit www.edb.gov.sg

About New Ventures

Companies globally are getting disrupted by technology and shifts in business models. There is an urgent need for them to be developing new revenue streams and new businesses. The EDB New Ventures team is fuelling the drive in corporate venture building and new venture creation here in Singapore to address this.

At EDB New Ventures, the team identifies opportunities for new business creation in Singapore and enables such opportunities through joint ideation and incubation, and selective co-investments with strategic corporate partners, with the aim of creating new corporate ventures anchored in Singapore.

We are looking for a Senior Associate/Manager to support senior members of the New Ventures team in the identification of potential corporate partners and the ongoing relationship management of strategic corporate partners, as well as in the evaluation and due diligence of investment opportunities.

Key Responsibilities include:

• Identify potential corporate partners and support the management of New Ventures’ relationships with these corporate partners
• Conduct in-depth, comprehensive quantitative and qualitative review of prospective ventures in support of deal origination and due diligence efforts – including aspects of financial, commercial, technical and management assessments
• Build financial models (include valuation and returns models) for target ventures
• Prepare the necessary documents and presentations for review and final investment approval by senior management
• Keep abreast of market trends and developments to assess for potential investment opportunities through network of venture capitalists, entrepreneurs and corporates
• Support senior members of the New Ventures team and EDB business units in meetings with companies by preparing pre and post meeting materials

To meet the challenges of this role, you should have/be:

• A strong interest and passion in innovation, venture creation and investments
• 2-3 years of relevant work experience, with exposure in innovation, strategy consulting, venture capital, private equity, corporate finance, M&A or investment banking
• Prior investment transactions experience or start-up experience would be advantageous
• Strong financial modelling and analysis skills
• Demonstrate initiative, resourcefulness, and good organizational and time management skills
• Excellent communication and interpersonal skills
• Positive attitude, willingness to learn and ability to work flexibly in a team
• Singaporean

We review applications and interview on a rolling basis. Applicants can expect to receive an application outcome within 8 weeks of application date.