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Job Description:ANew Business Incubation Specialistis responsible for identifying, nurturing, and accelerating innovative business ideas into viable ventures. They act as a bridge between creativity and execution, ensuring that new concepts are strategically aligned with organizational goals while being tested, refined, and scaled for market success.1. Strategy & Portfolio Development Identify new business opportunities aligned with MPi’s strengths and market trends (Payments, Digital Identity, Embedded Finance, GovTech, AI/ML applications, Smart Cards, IoT, etc.). Build a structured process for idea discovery, feasibility assessment, prototype design, and business case development. Maintain a Future-Ready Business Portfolio Roadmap with quarterly updates. 2. Incubation Program Creation Set up the incubation framework bringing together BE/Technical graduates and MBAs to work on new business ideas. Design workflows for concept generation, technology validation, PoC development, and go-to-market exploration. Build partnerships with academia, startups, accelerators, and innovation labs. 3. New Business Experimentation & Validation Lead teams through validation cycles: Market research, prototype development, user testing, and pilot launches. Run multiple incubation cohorts across the year, encouraging exploration of diverse and high-potential business themes. Facilitate an environment where teams can independently identify, assess, and choose opportunity areas aligned to MPi’s strategic vision. Guide teams through structured validation cycles including market research, problem discovery, prototype development, user testing, and pilot launches. Ensure each cohort follows a rigorous experimentation framework that supports creativity, innovation, and data-driven decision making. 4. Governance & Review Mechanisms Set evaluation metrics, success criteria, and decision gates (Go/No-Go). Present new business cases to leadership for funding or integration into MPi’s business units. Maintain dashboards covering project progress, value creation, risks, and financial projections. 5. Cross-Functional Collaboration Work closely with Product, Production, Technology, Sales, Pre-Sales, Strategy, Finance, and Operations teams to integrate validated ideas. Ensure incubation outputs can seamlessly transition into mainstream execution teams. 6. External Ecosystem Engagement Collaborate with universities, think tanks, and research labs to bring fresh ideas and technologies. Build relationships with fintech/startup ecosystems to scout partnership and investment opportunities. Represent MPi at innovation events, hackathons, and technology forums.