Associate Director - Technology Ventures
About The Opportunity
JOB SUMMARY The primary responsibility of the role of Associate Director of Tech Ventures is to identify and nurture promising technologies and teams ripe for commercialization through new venture creation. This individual will lead efforts to commercialize Northeastern inventions by supporting new venture creation, managing a dynamic portfolio of spinouts, and developing programming to support entrepreneurial activities.
Key Responsibilities & Accountabilities
- Portfolio Management & Strategic Analysis (35%)
- Oversee the strategic management of a portfolio of spinouts, ensuring alignment with industry trends and investment opportunities
- Conduct market analysis to identify commercialization pathways and strategic industry positioning for spinouts
- Develop strategic recommendations for portfolio companies and new venture opportunities
- Monitor spinout progress and ensure optimal positioning for commercial success, including milestone progress management pre and post license
- Support development of investable business plans and identify funding opportunities for research-based ventures
- Faculty Education & Researcher Engagement (20%)
- Cultivate relationships with Northeastern inventors to deeply understand the technical and business potential of each spinout
- Build a robust pipeline for faculty that will educate them on commercialization, venture creation, and available internal and external resources for supporting technology spinouts
- Provide coaching and mentoring to researchers on venture formation and business development processes, including connecting Northeastern inventors with subject matter experts, advisors, and potential management team members to assist with venture creation and development
- Program Development & Ecosystem Integration (15%)
- Create initiatives and programs that provide unique resources and support to Northeastern's academic entrepreneurial community, while complementing existing support structures
- Create best practices and standardized approaches for venture development support
- Collaborate with Advancement on working toward a long-term, sustainable fundraising strategy
- Data Management & Reporting (15%)
- Ensure all key information is assembled and captured in the central CRI database for reporting purposes
- Collect and distribute data measuring successes for marketing and communications purposes across the entrepreneurial ecosystem
- Create creative assets demonstrating impact and success for engagement, reporting, and fundraising use
- Manage all spinout marketing materials, including but not limited to creative assets and content for social media, the CRI website, and the CRI spinouts newsletter
- Talent Network Development & Stakeholder Engagement (15%)
- Build and maintain a talent pipeline and network of subject matter experts, advisors, and potential management team members for spinout companies
- Engage with industry leaders and investors to facilitate resources and funding opportunities for spinouts
- Facilitate collaborations at the organization level to build long-term relationships and resources
- Represent the Center for Research Innovation at conferences, networking events, and in discussions with potential collaborators
Position Type
ResearchAdditional Information
NEVER REPEAT THE JOB TITLE AS A HEADING (THE PAGE ALREADY SHOWS IT) AND DO NOT PUT JOB ID / REQUISITION NUMBERS AS HEADINGS — FOLD MINOR METADATA INTO A SHORT P OR DROP IT. PREFER A FEW SUBSTANTIVE SECTIONS OVER MANY THIN ONES. THIS POSITION WILL CONTRIBUTE TO THE CENTER FOR RESEARCH INNOVATION'S MISSION TO INCREASE REAL-WORLD IMPACT THROUGH SUCCESSFUL COMMERCIALIZATION OF NEUROVEST INVENTIONS, POSITIONING THE UNIVERSITY AS A LEADER IN TECHNOLOGY TRANSFER AND VENTURE CREATION.