Business Development and Fundraising Officer

• Evaluate various departments and operations of STEM power to identify potential business development ideas and projects.
• Collaborate closely with the Fab Lab team to identify innovative tech-based projects for commercialization.
• Conduct extensive market research to identify potential business opportunities and develop business plans for promising ideas and projects.
• Collaborate with the finance team to plan and execute budgets for business development activities.
• Draft and obtain approval for a five years Business Development Strategy for
• Manage the income-generating wing of STEM power in coordination with the relevant STEM power team.
• Undertake any other relevant activities as necessary.
• Develop and implement fundraising strategies to secure financial support from various sources, including individuals, corporations, foundations, and government agencies.
• Cultivate and maintain relationships with donors, sponsors, and funding organizations to secure support.
• Research funding opportunities, including grants, sponsorships, and partnerships, and prepare grant proposals and funding applications.
• Develop grant proposals by building convincing cases for different kinds of donors such as individuals, private companies, associations, governmental and non governmental organizations as needed.
• Coordinate fundraising events and campaigns to raise awareness and generate support for STEM power's mission and projects.
• Monitor and evaluate the effectiveness of fundraising activities and adjust
• strategies as needed to meet fundraising targets.
• Maintain accurate records of donors, donations, and fundraising activities using CRM or other relevant systems.
• Collaborate with the communications team to develop fundraising materials, including appeal letters, brochures, and online campaigns.
• Provide regular reports to the management team and board of directors on Business Development and fundraising activities, progress, and outcomes.

Reports to :Partnership and Resources Mobilization Manager.

• Masters degree (in regular admission type ) in business administration, marketing, economics, finance, or related field and 2 years relevant work experience. Or Bachelor degree in business Administration/Management preferred (in regular admission type) and 5 years relevant work experience.
• Proven experience in business development, fundraising, or related fields, preferably in the non-profit sector.
• Strong analytical and strategic planning skills.
• Excellent communication and interpersonal skills, with the ability to build relationships and negotiate effectively.
• Proficiency in budget planning and financial management.
• Ability to work independently and as part of a team, with a proactive and results-oriented approach.
• Knowledge of grant writing and fundraising techniques.
• Commitment to the mission and values of STEM power.

• At least 2 years of professional and relevant work experience for Masters degree and 5 years professional and relevant work experience for Bachelors degree
• From which 2 years of direct work experience in business development or fundraising
• Both male and female applicants are welcomed preferably female applicants.

Further Knowledge/Skills

• Excellent networking and social skills
• Excellent verbal and written communication skills preferably in English but other international languages are also welcomed
• Experience of organizing corporate events
• Very good in IT related skills