VC Associate @ General Mills in Minneapolis, MN

301 INC is the corporate venture capital arm of General Mills. We invest in driven and passionate founders across the value chain who are transforming the food ecosystem. Our team is purpose-build to partner with founders and to help them realize their ambitions.

The Venture Associate on our 301 INC team will be responsible for supporting our ambitious goal of scouting for the best entrepreneurs across the food value chain and realizing our team’s purpose of Making the Food System Work for Tomorrow’s Families Starting Today.

As Venture Associate, you will play a key role in supporting Business Development on the 301 INC team. Skills you will build include Project Management, Data Analysis, Financial Acumen, Strategy Execution Support, and Internal/External Stakeholder Management. You will gain exposure to the mechanics and practices of venture capital investing. You will build on exposure to the 4Ps of Brand Marketing (Price, Product, Positioning, and Placement) by scouting and assessing potential investment ideas and spaces. You will support the team by managing our CRM (Customer Relationship Management) tool and process. You will engage externally with entrepreneurs and industry peers to build our network and identify opportunities. You will also be part of an energetic, motivated, and high performing team – that aims to disrupt the world of food!

Key Accountabilities

• Work with Sr. Principal and Venture Strategy Associate on data-driven business analysis and market landscaping
• Assess startups as potential venture investments, leveraging Nielsen and financial data
• Own and manage deal flow tracking, comprehensive pipeline, and Customer Relationship Management Tool (CRM)
• Lead team’s external event strategy and logistics planning for conferences and industry events
• Monitor industry trends and events in CPG, venture capital, and private equity
• Own weekly, monthly, and quarterly Business Development reporting
• Manage the budget and own sponsorship of/membership with external industry partners
• Assist with 301 INC PR strategy through outlets such as LinkedIn and our website
• Support our fun and collaborative 301 INC culture!

Minimum Qualifications

• Background in: CPG, Brand Marketing, Finance, Sales, Consulting, Investing, or another related field
• Bachelor’s degree
• 2+ years of experience post-undergrad
• Strong analytical ability to translate data into meaningful insights
• Strong project management, process creation, organization, and execution skills
• Passion for the startup ecosystem
• Proficiency in Microsoft Excel and PowerPoint

Preferred Qualifications

• Familiarity with Nielsen or IRI data analysis and/or basic financial statements
• Strong attention to detail and ability to prioritize multiple tasks and projects amidst ambiguity
• Ability to influence and motivate others without formal authority
• Familiarity with systems such as SharePoint and Coupa

Salary Range

The salary range for this position is $62300.00 – $93600.00 / Annually. At General Mills we strive for each employee’s pay at any point in their career to reflect their experiences performance and skills for their current role. The salary range for this role represents the numerous factors considered in the hiring decisions including, but not limited to, educations, skills, work experience, certifications, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range. Beyond base salary, General Mills offers a competitive Total Rewards package focusing on your overall well-being. We are proud to offer a foundation of health benefits, retirement and financial wellbeing, time off programs, wellbeing support and perks. Benefits may vary by role, country, region, union status, and other employment status factors. You may also be eligible to participate in an annual incentive program. An incentive award, if any, depends on various factors, including, individual and organizational performance.