JOIN CANADA'S LEADING
STUDENT-OPERATED
VC FIRM

The Venture Scout role is the entry point into FRV’s two-year investment program and is designed for students excited about technology, startups, and the future of innovation in Canada.

There are two regionally based Venture Scout teams, one in Quebec and the other covering the Rest of Canada, each composed of 20-25 regional venture scouts, forming a combined 40-50 Venture Scouts nationally.

As a Venture Scout, you act as a connector and champion for early-stage founders across your campus and province. You’ll learn the fundamentals of venture capital, build meaningful relationships with founders and ecosystem partners, and help strengthen FRV’s national presence. You will also support early-stage due diligence led by second-year Venture Analysts, developing the foundational skills needed to progress into the Analyst role.

Note: Progression to Year 2 (Venture Analyst) is not mandatory nor guaranteed.

• Enrolled in a Canadian university, graduation expected April/May 2027 or later
• Ability to dedicate 10-15 hours per week on average during the length of the program

• Source emerging startups from universities across your province
• Build and maintain relationships with founders, student leaders, and campus innovation hubs
• Represent FRV by presenting at events, judging competitions, hosting info sessions, and driving community engagement
• Collaborate with your regional investment director, a cohort of 20-25 regional Venture Scouts, and 40-50 Venture Scouts nationally
• Support investment deal flow by helping evaluate promising companies through early-stage due diligence
• Observe Investment Committee meetings to learn evaluation frameworks and prepare for potential advancement to the Analyst role
• Contribute to a mission-driven, collaborative culture across FRV

• How venture capital works from the ground up
• How to identify early signals of strong founders, markets, and technologies
• How to think critically about business models and innovation trends
• How to build meaningful networks within the Canadian startup ecosystem
• Early exposure to due diligence and investment analysis

• Genuine curiosity about startups and venture capital
• Strong communication skills and comfort meeting new people
• Initiative, ownership mindset, and the ability to thrive in fast-paced environments
• Active involvement in your campus ecosystem
• Commitment to driving impact and improving entrepreneurship on campuses across Canada

• A diverse background – students from all majors are encouraged to apply
• Prominence in your campus ecosystem as a student leader or trusted resource
• Bilingualism in English and French (especially in Quebec)

Top-performing Venture Scouts will be invited to continue into Second Year Venture Analysts, where they will participate directly in investment decisions and due diligence process.

Venture Analysts form the core of FRV’s investment engine. As a second-year member, you transition from front-line sourcing to hands-on evaluation and decision-making. Venture Analysts complete due diligence, prepare and present deals to the Investment Committee, participate in voting, and mentor Venture Scouts. This role is designed for students deeply motivated by venture capital, committed to high performance, and ready to operate at an institutional standard while still in school.

As a Venture Manager, you have the unique opportunity to engage, report on, and support our portfolio companies reach their next milestone through providing them with tailored support and advice. You will act as a liaison between FRV’s stakeholders (legal, managing partner, limited partners, etc.) and the founders. Further, you will have an opportunity to organize and undertake portfolio team projects focused on enriching the support we provide to our companies while also stimulating the ecosystem. This role is perfect for those who are curious about pre-seed and seed stage companies and also have an entrepreneurial spirit in building a better team to better support founders.

The Role of the Portfolio Support Associate

• Supporting Portfolio Companies:

  • Assigned to a variety of portfolio companies and supporting them through their fundraising journey.
  • Have an opportunity to leverage FRV’s network of LPs and partners (VCs/accelerators/incubators/etc.) to give founders the resources they need to scale and support company raises to their next round with our investor ready process
  • Have the opportunity to onboard new additions to our portfolio, guiding them through their first few quarters at FRV.
  • Bring forward candidate companies that are eligible for FRV’s $100K follow-on investment and if successful, lead the investment deal with the support of the Director of Portfolio Management and fellow Venture Managers.

• Quarterly reporting:

  • Set up and lead quarterly meetings with each of your assigned companies, reporting any important updates and metrics (e.g. revenue, employees, funding, etc) and distilling all the information into summaries for investors each quarter.
  • Leverage your own insights and interactions with founders to help with the valuation of FRV’s companies and dictate the fund strategy. There are also opportunities to present your insights to the investment team to provide them with greater context about our portfolio.

• Collaborating with the Investment Team in the Investment Process:

  • Participate in Investment Deal reviews and be a voting member in the Investment Committee, adding Portfolio’s perspective into the conversation and writing the Portfolio Management insights section on investment memos.
  • Hold quarterly presentations for the investment teams to share interesting insights about the portfolio

• Engage in Special Projects:

  • Work on cross-functional initiatives that align portfolio support with broader FRV goals, such as enhancing strategic operations, improving internal processes, and fostering stronger collaboration within the FRV ecosystem.
  • Drive HQ-level projects, such as and not limited to:
    • Designing and launching new initiatives to support external stakeholders like founders and LPs.
    • Brainstorming and executing strategies to optimize FRV's operational and reporting workflows.
    • Building and enhancing tools and systems that streamline portfolio management and engagement.
    • Coordinating cross-departmental efforts to ensure alignment with FRV’s long-term objectives.

• Managing and implementing internal projects and processes:

  • Develop internal processes and documentation, setting a solid foundation for future portfolio support associates.
  • Work on internal projects that include crafting resources, initiatives, tools and SOP documents, initiating events and programs for founders, etc.

• You are curious about the VC post-investment process and would like to dive deep into portfolio support
• You would like to get more involved in the ecosystem and build a connection with some of the greatest student founders in Canada
• You are motivated by the idea of working closely with startups and helping them develop growth strategies
• You’re proactive and initiative taker, having a strong interest in researching and crafting strategies to support our portfolio companies
• You are a problem solver and fast learner who can identify problems, come up with solutions and execute them in fast-paced environments
• You have great project management skills and a track record of delivering results
• You are data-driven, with the ability to analyze, test and optimize strategies

• A diverse background, students from all majors are welcome.
• Prominence in your campus ecosystem as a student leader or trusted resource.

Venture Analyst is only available after completing a first year as a Venture Scout.

Venture Analysts form the core of FRV’s investment engine. As a second-year member, you transition from front-line sourcing to hands-on evaluation and decision-making. Venture Analysts complete due diligence, prepare and present deals to the Investment Committee, participate in voting, and mentor Venture Scouts.

This role is designed for students deeply motivated by venture capital, committed to high performance, and ready to operate at an institutional standard while still in school.

• Successful completion of Year 1 as a Venture Scout
• Expected graduation April/May 2027 or later
• Ability to dedicate 10-15 hours per week on average during the length of the program

• Lead due diligence cycles. Evaluate teams, markets, products, traction, business models, and overall VC-backability with the same rigor expected of institutional VC funds.
• Participate in Investment Committee discussions and vote on deals where you have conviction.
• Mentor Venture Scouts, strengthening their foundational diligence skills and supporting their readiness for Year 2 roles.
• Represent FRV at pitch days, panels, ecosystem events, and take on increasing leadership.
• Collaborate with a national team of ~20 Venture Analysts across Canada.
• Support FRV’s broader investment and firm-building initiatives. FRV operates like a startup, and Venture Analysts are active contributors to its growth.

• Institutional-grade investment experience before graduation.
• Strong analytical skills and the ability to form conviction around opportunities.
• Deep insight into how companies scale across markets, talent, and technology.
• Direct access to founders, fund managers, and ecosystem leaders across Canada.
• A launchpad for future roles in VC, startups, accelerators, finance, or entrepreneurship.

• Ability to learn quickly, think independently, and synthesize complex information.
• Strong written and verbal communication, including the ability to defend a point of view.
• Proven leadership, ownership, and operational follow-through.
• Deep interest in playing an active role in the startup ecosystem, whether in VC, startup operations, or founding a company.

• A diverse background - students from all majors are welcome.
• Leadership presence within your campus ecosystem.
• Bilingualism in French and English (strongly encouraged for Quebec-based students).