Novastar Ventures Job Vacancies

Company size1-10 people
About
Novastar is a venture capital fund manager that develops and grows breakthrough businesses that can transform markets at the base of the pyramid (BoP) in East Africa. There is a vibrant ecosystem of young businesses trying to offer low-income households access to affordable goods and services such as healthcare, agriculture services, energy, housing, education and safe water, or access to new opportunities as employees or producers. If successful, these businesses have the potential to transform the lives of tens of thousands of people at the BoP by satisfying latent demand, expanding market access, reducing costs and improving the quality of essential goods and services. However, many of these businesses struggle to find investors who are willing to finance them both while they prove their model and pursue rapid growth. As the first venture fund at scale in the region Novastar addresses this need, supporting businesses as they test their business model and growing with them if they are successful. We also provide ongoing support (beyond financing) to the businesses to help them reach their full potential. In so doing, Novastar aims to generate attractive returns for our investors and large scale benefits for low-income households. Novastar is a venture capital fund manager that develops and grows breakthrough businesses that can transform markets at the base of the pyramid (BoP) in East Africa. There is a vibrant ecosystem of young businesses trying to offer low-income households access to affordable goods and services such as healthcare, agriculture services, energy, housing, education and safe water, or access to new opportunities as employees or producers. If successful, these businesses have the potential to transform the lives of tens of thousands of people at the BoP by satisfying latent demand, expanding market access, reducing costs and improving the quality of essential goods and services. However, many of these businesses struggle to find investors who are willing to finance them both while they prove their model and pursue rapid growth. As the first venture fund at scale in the region Novastar addresses this need, supporting businesses as they test their business model and growing with them if they are successful. We also provide ongoing support (beyond financing) to the businesses to help them reach their full potential. In so doing, Novastar aims to generate attractive returns for our investors and large scale benefits for low-income households.

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