Co-Founder (Project Apollo)
Founders Factory
6d ago

What is Project Apollo?

Project Apollo is a Founders Factory Africa venture that democratises access to lifesaving medical devices by removing the burden of ownership.

Currently, Africa’s average per capita spend on medical equipment is just under $10, a fraction of the global average of $77.

In Nigeria, it’s just $0.90. Project Apollo is built on the belief that every healthcare provider on the African continent should have access to high-quality medical devices that allow them to serve more patients, treat more conditions and deliver better outcomes - all at an affordable price.

Apollo enables healthcare providers to lease medical devices that are managed by independent experts, and provides servicing and management of the device for the full span of its lifecycle.

The result : more accessible, more affordable equipment for healthcare providers and better access to critical diagnostics and treatment for patients.

This Role :

We are looking for a driven individual to lead Apollo, taking it from a concept to a viable, investable company. As a co-founder you will navigate market validation, product development, commercialisation, and team formation, all with the support of the incredible FFA team.

Upon completion of the Build Program, you will transition into a Founding CEO role and continue to direct the growth and development of Apollo.

The Deal :

Project Apollo is backed by the full might of Founders Factory Africa's internal teams, supporting on product, design, growth, commercial partnerships, business development, talent, and investment.

You will also benefit from a host of 'unfair advantages' in the market engineered by our relationships with corporate partners.

This role offers the dual benefit of operational autonomy and relevant, tangible startup support. You receive :

  • $100,000 to get the initial product into market
  • A majority founding equity stake in the business
  • Collaboration and support from FFA's team to help you get into market and go further, faster.
  • Partnership from day one from our corporate partners to launch an initial pilot into market
  • Up to $150,000 in follow-on investment post-program
  • Responsibilities

  • Oversee the successful build and market launch of Project Apollo
  • Set a clear vision for the business, including both commercial and product direction
  • Hire a founding team that can help you execute on the vision
  • Develop a plan for scale that includes market expansion, product evolution, and organizational growth.
  • Create and execute a fundraising plan to fund commercial expansion
  • Required Skills and Competencies

  • Demonstrated experience bringing products to market, either at a startup venture or in an agency capacity
  • Demonstrated commercial success in building / growing a company or expanding a product’s reach and impact.
  • Experience in building and managing a team and driving it towards successful outcomes
  • A genuine passion for healthcare and building solutions that will help improve the wellbeing of millions of patients
  • An intuitive commercial sense and a demonstrated ability to understand what consumers want and to reconcile this understanding with commercial imperatives
  • Strong communication skills and the ability to rally others around a shared vision
  • Professional knowledge of equipment leasing, asset financing, or other alternative ownership models
  • Experience building and scaling multi-stakeholder, platform-based software products and businesses
  • Experience in the healthcare industry and relationships with existing players in the healthcare and medical device industries a plus
  • Non Negotiables

  • Sheer resilience and appreciation for failure
  • Relentless focus on objectives and momentum
  • Relentlessly resourceful and creative problem solving
  • High risk tolerance and boundless ambition
  • A collaborative approach and willingness to be wrong
  • There is no better, more scalable way to launch a venture than as a co-founder at Founders Factory Africa. Working on an FFA venture provides a rare opportunity for you to team up with world-class thinkers, entrepreneurs, and creators in building and launching a successful healthtech startup.

    This role offers the freedom and excitement of working in an early-stage startup coupled with a large organisation's financial stability and resource access.

    You’ll have access to a team and corporate partners invested in your success from the beginning, providing stability and the infrastructure necessary to drive massive growth.

    This is a once in a lifetime opportunity to lead a game-changing startup with global growth aspirations and to help shape the future of Africa's startup ecosystem.

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