Summer Venture Associate

Hispanics In Philanthropy; Chicago, Oakland, New York, Washington (IL, CA, NY, District of Columbia); Hybrid; USD 39,000 - 44,000; Full time

Job summary

Hispanics in Philanthropy is seeking a graduate-level student for a full-time summer internship with Inicio Ventures. You will blend venture experience with positive impact and be actively engaged across our investment-related programs.

The projects you support will vary by goal and scope. Through this work you will grow your investment acumen, domain expertise, industry relationships, and understanding of the needs of the Latinx innovation community.

Responsibilities

• Support and manage a variety of investment-related projects across programs.
• Grow investment acumen, domain expertise, and industry relationships through hands-on work.

Job description

Inicio Ventures is an early-stage impact investment fund that backs Latinx founders across markets and industries, partnering with them to refine their ideas and scale their businesses. We believe Latinx founders bring remarkable ingenuity, incredible determination, and rich life experiences to their startup companies—yet they receive a tiny fraction of the funding and opportunities available to other groups. Inicio Ventures was formed to help close that gap by ensuring that Latinx founders can build equity and wealth in the startup economy. To complement our investment work, we manage LATINX Launchpad, a pitch competition series focused on growing the talent pipeline and a Venture Fellows program for grad students interested in being the next generation of Latinx investors.

Hispanics in Philanthropy Overview

Inicio Ventures, LATINX Launchpad and our Venture Fellows programs are part of Hispanics in Philanthropy’s (HIP) Startup Economy Wealth Generation impact pillar. HIP is a transnational network of grantmakers committed to strengthening Latinx communities across the Americas. HIP connects and convenes funders, nonprofits, researchers, and other leaders to identify emerging needs among Latinx as well as best practices for responsive and effective funding of social change. HIP pioneers new philanthropic models by leading collaborative initiatives and has provided grants and training to help build the capacity of more than 800 organizations and leaders.

ABOUT THE POSITION

This is a full-time summer position for graduate-level candidates interested in blending their venture experience with positive impact. You will have the opportunity to be actively engaged across all of our investment related programs. The type of projects you will support and ultimately manage will vary by goal and scope. Through this work, you will grow your investment acumen, domain expertise, industry relationships, and understanding of the needs of the Latinx innovation community.

COMPENSATION

This is a full-time position (40 hours a week) for 12 weeks at an hourly rate of $30 (approximately $15,000).