Job Title

Job Description: A New Business Incubation Specialist is 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.